IPO launches on September 26, 2024, and ends on September 30, 2024, with an issue price of ₹159 to ₹168 per share. The lot size is 88 shares, totaling a fresh issue of 9,405,000 shares. Eligible employees get an ₹8 discount, while retail investors can subscribe up to ₹2,00,000 and eligible employees up to ₹5,00,000. This is a 100% book building IPO—mark your calendars!
Diffusion Engineers Limited Ipo moneyphobia
About Diffusion Engineers Limited
Diffusion Engineers Limited is a leading engineering company specializing in industrial solutions and technologies for various sectors like oil & gas, energy, infrastructure, and manufacturing. The company has a solid reputation for its innovative and sustainable products and services that enhance operational efficiency. Diffusion Engineers focuses on high-end engineering solutions and services for diverse industries.
IPO Details
IPO Start Date: 26th September 2024
IPO End Date: 30th September 2024
Issue Price: ₹159 – ₹168 per equity share
Face Value: ₹10 per equity share
Lot Size: 88 Shares
Total Issue Size: Fresh Issue of 94,05,000 Equity Shares
Discount: ₹8 per equity share to eligible employees
Maximum Subscription for Retail Investor: ₹2,00,000
Maximum Subscription for Eligible Employee: ₹5,00,000
Status: 100% Book Building
GMP Price (Grey Market Premium)
Diffusion Engineers IPO GMP is ₹65.
Promoters
Promoter Name
Stake
Ravi Shankar Shukla
Promoter
Amitabh Shukla
Promoter
These promoters hold key positions and play a significant role in managing and directing the company.
Financial Summary
Revenue from Operations: For the year ending March 31, 2024, the company reported revenue of INR 2,781.44 million, an increase from INR 2,548.76 million in 2023.
Net Profit: The company achieved a net profit of INR 308.03 million in 2024, up from INR 221.45 million in 2023.
Total Assets: As of March 31, 2024, Diffusion Engineers had total assets valued at INR 2,755.85 million, reflecting significant growth compared to INR 2,303.44 million in 2023.
Equity Share Capital: The equity share capital stood at INR 280.21 million in 2024, compared to INR 37.37 million in the previous year.
Loans on the Company: The borrowings included long-term borrowings of INR 16.69 million and short-term borrowings of INR 344.35 million in 2024.
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