
Capital Goods / Engineering · NSE / BSE
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.
Price Band
₹159 – ₹168
Issue Size
₹158 Cr
Lot Size
88 shares
GMP
+34.5%
Est. Listing
₹226
at current GMP
Subscribed
114.49x
overall
Open
26 Sep 2024
Close
30 Sep 2024
Allotment
1 Oct 2024
Refund
2 Oct 2024
Demat Credit
3 Oct 2024
Listing
4 Oct 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹168
Band: ₹159 – ₹168
Estimated Listing Price
₹226
Upper price + GMP
Lot Size
88 shares
Min investment ₹14,784
Estimated Profit / Lot
₹5,104
88 × ₹58
Grey Market Premium trend
+₹58
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹58 | 34.5% | ₹226 |
| 30 Oct 2026 | +₹58 | 34.5% | ₹226 |
| 29 Oct 2026 | +₹52 | 31.1% | ₹220 |
GMP is unofficial market data. Not a guarantee of listing performance.
Diffusion Engineers Limited is bringing an initial public offering (IPO) in the Capital Goods / Engineering sector with an aggregate issue size of ₹157.96 Crores. The shares are offered at a price band of ₹159 to ₹168 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-09-30, the basis of allotment is scheduled to be finalized on 2024-10-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Diffusion Engineers Limited IPO is ₹58, which indicates an expected listing price of ₹226.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.