Diffusion Engineers Limited
ListedMainboardCapital 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
₹58
+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 12 days ago
Overall Subscription
114.49x
Total Demand
QIB Multiplier
95.74x
Institutions & Funds
NII / HNI
207.60x
High Net-Worth
Retail (RII)
85.61x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,871,000 | 179,121,712 | 95.74x |
| NIB | 1,403,250 | 291,314,672 | 207.60x |
| HNIs(10L +) | 935,500 | 190,222,560 | 203.34x |
| HNIs (2-10L) | 467,750 | 101,092,112 | 216.12x |
| RETAIL | 3,274,250 | 280,295,488 | 85.61x |
| EMPLOYEES | 50,000 | 4,751,736 | 95.03x |
| Total | 8,001,750 | 1,046,798,280 | 114.49x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 759 | 30,707 | 40.46x |
| HNIs (2-10L) | 380 | 78,312 | 206.08x |
| RETAIL | 37,207 | 2,832,367 | 76.12x |
| Total Applications | 38,346 | 2,941,386 | 76.71x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Diffusion Engineers Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is Diffusion Engineers Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Diffusion Engineers Limited IPO is ₹58 per equity share. Based on the upper price band of ₹159 to ₹168 per equity share, the estimated listing price is ₹226 (+34.5% expected listing gain).
What is the expected profit per lot for Diffusion Engineers Limited IPO?
With a lot size of 88 shares and current GMP of ₹58, the expected profit per application lot is approx ₹5,104 (+34.5% gain). Minimum application cost is approx ₹14,784.
What is the issue size and price band for Diffusion Engineers Limited IPO?
The Diffusion Engineers Limited IPO aggregate issue size is ₹157.96 Crores with an equity price band set at ₹159 to ₹168 per equity share. The retail lot size is 88 shares requiring a minimum capital outlay of approx. ₹14,784.
How can I check Diffusion Engineers Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 114.49x (Retail: 85.61x, QIB: 95.74x, NII: 207.60x). You can track live multiples directly on our dedicated subscription page.
Where and when will Diffusion Engineers Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-10-01. Investors can verify status using PAN card or application number.
When is the listing date for Diffusion Engineers Limited IPO?
Diffusion Engineers Limited shares are scheduled to list on NSE and BSE on 2024-10-04.