Diffusion Engineers Limited
|
Lot Size
1 Lot = 88 Qty |
Min Investment
₹14784 |
|
Subscription
Oversubscribed |
Listing Gain
39(Points) |
IPO Details
|
Open Date
Sep 26, 2024 |
Close Date
Sep 30, 2024 |
Allotment Date
Oct 01, 2024 |
|
Allotment Date
Oct 01, 2024 |
Refund Initiation
Oct 03, 2024 |
Demat Transfer
Oct 03, 2024 |
|
Listing Date
Oct 04, 2024 |
Fresh Issue
158 |
Offer For Sale
0 |
|
Issue Price
₹159 to ₹168 |
Face Value
₹10 |
Issue Type
Fresh Issue |
|
Total Issue Size
158 CR |
QIB + NII Quota
50 + 15% |
Retail Quota
35% |
|
Listing On
NSE & BSE |
Registrar
Link Intime India Pvt Ltd |
Company Financial Rusult In Crore
| PERIOD | ASSET | REVENUE | PROFIT |
|---|---|---|---|
| 31-Mar-2024 | 275.59 | 285.56 | 30.80 |
| 31-Mar-2023 | 230.34 | 258.67 | 22.15 |
| 31-Mar-2022 | 189.55 | 208.75 | 17.05 |
About The Company
After being founded as a Private Limited Company in 1982, Diffusion Engineers Limited experienced a number of important changes. One of the most important turning points in its corporate history was its 1995 conversion to a Public Limited Company.
From commencing manufacturing of welding electrodes in 1993 to crossing a turnover of ₹2000.00 million in 2023, Diffusion Engineers has consistently strived for excellence. Its entry into joint ventures and subsidiaries, as well as its land acquisitions for production plants, demonstrate its dedication to innovation and market leadership.
Its industrial capability is further validated by awards and accreditations. Recognitions such as the Best Employer Brands and Great Place to Work certifications affirm its dedication to employee welfare and organisational excellence. Moreover, accreditations by the National Accreditation Board underscore its commitment to quality and standards compliance.
Diffusion Engineers - Strength and Weakness
Strength
- A synergistic business model with 90.92% revenue from integrated products.
- We are serving major industries through 31 OEMs and 472 direct customers.
- Long-standing relationships with over 503 customers in FY24.
- Strategically located manufacturing units for efficient operations across India.
Weakness
- Dependence on domestic sales, with 89.75% revenue from India.
- All manufacturing units concentrated in Nagpur, Maharashtra, risking disruptions.
- Risks of delays in new facility setup impacting growth plans.