Diffusion Engineers Ltd. IPO: Key Details

We are engaged in the business of providing engineering solutions to customers both in domestic andinternational market. Our Company has been in existence for over four decades and provides a wide rangeof products and services including manufacture of special welding consumables, wear plates and heavyengineering equipment for core industries and provide special and customized repairs and reconditioningservices of heavy machinery and equipment. We are also involved in trading of anti-wear powders andwelding and cutting machinery. We provide super conditioning process at our manufacturing facilities, asurface treatment solution for machine components that greatly improves wear resistance, eliminates stressand increases their repair ability leading to extended life of industrial parts resulting in smootherfunctioning and economy in production costs. We have developed a synergistic system of forwardintegration whereby we manufacture special purpose electrodes and flux cored wires which are utilized formanufacturing wear resistance plates (commonly known as wear plates). These wear plates then becomean integral part of majority of large industrial equipment which are made in our heavy engineering divisionare significant contributor in manufacturing of industrial equipment used in core industries like Cement,Steel, Power, Mining, Engineering, Oil & Gas, Sugar etc. This forward integration helps in achievingefficiency in the production process and gaining competitive advantage, reduction in product costs, controlover supply of raw materials and reduce our dependency on third parties for our operations.

Diffusion Engineers Ltd. IPO Details

IPO Date September 26, 2024 to September 30, 2024
Listing Date October 04 2024
Face Value ₹10 per share
Price Band ₹159 to ₹168 per share
Lot Size 88 Shares
Total Issue Size 6598500 Shares
Issue Type Book building
Listing At BSE  NSE 
Share holding pre issue 26086970
Share holding post issue 26086970

Diffusion Engineers Ltd. IPO Promoter Holding

The promoter of the company is Prashant Garg, Nitin Garg, Chitra Garg,

Share Holding Pre Issue 93.1%
Share Holding Post Issue 69.7%

Diffusion Engineers Ltd. IPO Objectives

1. Funding capital expenditure requirements towards expansion of our existing manufacturing facilityat Khasra No. 36, 37, 38/1, 38/2, 38/3, Khapri (Uma), Nagpur- 441 501, Maharashtra (“ProposedExpansion”)2. Setting up of a new manufacturing facility located at Plot Nos. 33-B/1/1/ & 33-B/1/1/Part, MIDC,Hingna, Sonegaon District, Nagpur – 440 016, Maharashtra (“Proposed Facility”)3. Funding working capital requirements of the Company; and4. General Corporate Purposes

Diffusion Engineers Ltd. IPO Prospectus

Diffusion Engineers Ltd. Lead Managers

  • Unistone Capital Pvt Ltd.

Diffusion Engineers Ltd. IPO Contact Information

  • Chanchal Jaiswal
  • Phone: +91 9158317943
  • Email: cs@diffusionengineers.com

Diffusion Engineers Ltd. IPO Registrar

  • Name: Bigshare Services Pvt Ltd
  • Phone: +91-022-62638200
  • Email: Investor@bigshareonline.com