31 Mar 2022
Assets189.55
Total Income208.75
Profit After Tax17.05
NET Worth120.65
Reserves and Surplus117.34
Total Borrowing24.60
At a glance
Updated 2026-09-13The shares listed at ₹193.50, a 15.18% move from the issue price. Diffusion Engineers is a Mainboard IPO with an issue size of ₹157.96 crore, proposed for listing on BSE, NSE. The offer opens on 26th Sep 2024 and closes on 30th Sep 2024. The issue structure includes a fresh issue of ₹157.96 crore. The current listing schedule points to 4th Oct 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹157.96 Cr
Fresh issue₹157.96 Cr
Face value₹10
Price band₹159.00–₹168.00
Allotment1st Oct 2024
Listing4th Oct 2024
Listing performance
Full performance ↗Issue price₹168.00
Listing price₹193.50
Current price—
Listing gain15.18%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹58.00
GMP / upper price34.52%
Est. listing₹226.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens26th Sep 2024
Closes30th Sep 2024
Allotment1st Oct 2024
Refund3rd Oct 2024
Demat3rd Oct 2024
Listing4th Oct 2024
Subscription demand
Full bidding ↗Total114.50×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 88 | ₹14,784 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure requirements towards expansion of the existing manufacturing facility at Khasra No. 36, 38/1, 38/2, 38/3, Khapri (Uma), Nagpur- 441 501, Maharashtra, India (“Proposed Expansion”) | ₹71.38 Cr |
| 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”) | ₹30.39 Cr |
| Funding working capital requirements of the Company; and | ₹22.00 Cr |
| General Corporate Purposes | ₹18.43 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue285.56₹ Cr · +10.4% vs prior year
PAT30.80₹ Cr · +39.1% vs prior year
Assets275.59₹ Cr · +19.6% vs prior year
Net Worth190.70₹ Cr · +34.3% vs prior year
Borrowing34.44₹ Cr · -28.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets230.34
Total Income258.67
Profit After Tax22.15
NET Worth142.00
Reserves and Surplus138.39
Total Borrowing48.09
31 Mar 2024
Assets275.59
Total Income285.56
Profit After Tax30.80
NET Worth190.70
Reserves and Surplus163.03
Total Borrowing34.44
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 18.52% |
| ROCE | 20.63% |
| Debt / Equity | 0.18% |
| RoNW | 18.52% |
| PAT Margin | 10.79% |
| Price to Book Value | 2.47 |
Valuation & shareholding
Pre-IPO EPS10.99
Post-IPO EPS8.23
Pre-IPO P/E15.28
Post-IPO P/E20.41
Promoter holding pre93.1%
Promoter holding post69.7%
Market cap₹628.76 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Diffusion Engineers IPO | — | 20.41 x | — | — |
| Lohia Corp IPO | — | 23.21 x | — | — |
| JNK India IPO | — | 37.46 x | — | — |
| Jyoti CNC IPO | — | 13.59 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| BRLM fees and commissions (including any underwriting commission, brokerage and selling commission) | ₹9.63 Cr |
| Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Issue. Brokerage, underwriting commission and selling commission and bidding charges for members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹2.43 Cr |
| Fees payable to Registrar to the Issue | ₹0.40 Cr |
| Others - Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | ₹2.24 Cr |
| Others - Printing and stationery | ₹0.05 Cr |
| Others - Fee payable to legal counsel | ₹0.41 Cr |
| Others - Advertising and marketing | ₹0.19 Cr |
| Others - Miscellaneous (fees payable to statutory auditor, chartered engineer, architect, Industry report agency etc.) | ₹0.43 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Unistone Capital Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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