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DIFFNKGEQ / NSE, BSEListed
Diffusion Engineers

Diffusion Engineers Limited, established in 1982, is a leading manufacturer of welding consumables, wear plates, and heavy machinery, providing advanced repair and reconditioning solutions to key industries. Utilizing its Super Conditioning process, the company enhances wear resistance, reduces stress, and improves the reparability of machine components, extending service life and reducing production costs. Operating four manufacturing units, including a newly commissioned Unit IV in FY 2024, Diffusion Engineers produces specialized welding electrodes, flux-cored wires, wear parts, and abrasion- and corrosion-resistant coatings. Supported by over 130 qualified engineers as of February 29, 2024, the company demonstrates strong expertise and innovation in delivering durable, efficient machinery solutions.

₹159 - ₹168114.49x sub
Listed Price₹193.50
Listing Gain+15.18%

IPO Schedule & Timeline

Bookbuilding IPO
Open26 Sep 2024
Close30 Sep 2024
Allotment01 Oct 2024
Listing04 Oct 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB18,71,000 shares
28.35%
HNI14,03,250 shares
21.27%
Retail32,74,250 shares
49.62%
Employee50,000 shares
0.76%

Minimum Application Lots

Retail1 Lot (88 shares)
₹14,784
sHNI14 Lots (1,232 shares)
₹2,06,976
bHNI68 Lots (5,984 shares)
₹10,05,312

Company Promoters

Mr. Prashant GargDr. Nitin GargMs. Chitra Garg

Company Background

Diffusion Engineers Limited, established in 1982, is a leading manufacturer of welding consumables, wear plates, and heavy machinery, providing advanced repair and reconditioning solutions to key industries. Utilizing its Super Conditioning process, the company enhances wear resistance, reduces stress, and improves the reparability of machine components, ext...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹285.56 Cr
Growth+36.8%
Revenue Trend (₹ in Crores)
0.0109.5218.9328.4Mar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-24285.5630.8275.5934.44
Mar-23258.6722.15230.3448.09
Mar-22208.7517.05189.5524.6

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2410.9418.52%20.63%15.2820.41
Mar-237.9116.86%18.46%00
Mar-226.0815.10%17.30%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
01 Oct 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
04 Oct 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Diffusion Engineers. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Oct 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date04 Oct 2024Trading commences on exchange

How to Check Diffusion Engineers Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Diffusion Engineers from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Diffusion Engineers IPO

Complete issue overview for Diffusion Engineers (DIFFNKG) IPO. The issue features an equity share price band of ₹159 – ₹168 per share with a minimum retail lot size of 88 Shares (minimum application amount of ₹14,784). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions