The details about the Diffusion Engineers IPO are as:
- The issue size of the IPO is 158 Cr.
- The price band for Diffusion Engineers IPO is Rs 159 to Rs 168.
- The shares of Diffusion Engineers IPO will list on 4th October 2024.
- The latest tentative GMP of Diffusion Engineers IPO is Rs 65.
- The shares of Diffusion Engineers IPO are subscribed 114.43 Times as of 30th September 2024.
Diffusion Engineers IPO Valuation
The approx valuation of Diffusion Engineers IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 168 |
| Existing Shares (Qty) |
2.80 Cr |
| Fresh Issue |
158 Cr |
| Market Cap |
628.4 Cr |
| EPS (FY23) |
Rs 10.94 |
| PE Ratio |
15.35x |
| Industry PE |
32.45x |
Diffusion Engineers IPO Issue Size
Diffusion Engineers IPO issue size is 158 Cr.
| Issue |
Amount |
| Fresh Issue |
158 Cr |
| Offer For Sale |
0 Cr |
Diffusion Engineers IPO Market Lot
An Individual can apply for a minimum 1 lot of 88 shares and a maximum of 13 lots of 1144 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
88 |
Rs 14,784 |
| Maximum |
13 |
1144 |
Rs 1,92,192 |
Diffusion Engineers IPO share offer
The shares of Diffusion Engineers IPO are subscribed 114.43 Times as of 30th September 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
95.74 Times |
| Non Institutional |
Minimum 15% |
207.58 Times |
| Retail Individual |
Minimum 35% |
85.48 Times |
| Employees |
50,000 Shares |
95.00 Times |
| Total |
|
114.43 Times |
Diffusion Engineers IPO Details
The Diffusion Engineers IPO is a book-built issue aiming to raise Rs 158 crores through a fresh issue of 0.94 crore shares. The IPO will be open for subscription from September 26, 2024, to September 30, 2024, with allotment expected to be finalized by October 1, 2024. The shares are set to list on the BSE and NSE on October 4, 2024.
The Diffusion Engineers IPO price band is set between Rs 159 to Rs 168 per share. Retail investors can apply with a minimum lot size of 88 shares, requiring an investment of Rs 14,784. For sNII (Small Non-Institutional Investors), the minimum investment is 14 lots (1,232 shares), totalling Rs 206,976. For bNII (Big Non-Institutional Investors), the minimum is 68 lots (5,984 shares), amounting to Rs 1,005,312.
The issue also includes a reservation of up to 50,000 shares for employees, offered at an Rs 8 discount per share. Unistone Capital Pvt Ltd is the book-running lead manager, while Bigshare Services Pvt Ltd acts as the registrar for the IPO.
Overall, the Diffusion Engineers IPO offers an investment opportunity with its fresh share issue and competitive price band, set to boost the company’s growth and market presence.
Find below the dates for Diffusion Engineers IPO:
| Schedule |
Date |
| Basis of Allotment |
1 October 2024 |
| Refunds |
3 October 2024 |
| Credit to Demat Account |
3 October 2024 |
| IPO Listing Date |
4 October 2024 |