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Diffusion Engineers Ltd

Registered Office: T 5 & 6 M I D C,Nagpur Industrial Area Hingna, Nagpur - 440016, Maharashtra, India.
Phone : 91-9158317943   Fax:
Email :  cs@diffusionengineers.com  
Website :  www.diffusionengineers.com

Initial public offer of up to 9,405,000 Equity Shares of face value of Rs.10 each ("Equity Shares") of Diffusion Engineers Limited ("Company or "Issuer") for cash at a price of Rs. 168 per Equity Share (including a share premium of Rs. 158 per Equity Share) ("Issue Price") Aggregating up to Rs. 157.96 crores ("Issue"). This issue includes a Reservation of up to 50,000 Equity Shares of face value of Rs.10 each Aggrategating to Rs. 0.8 crores (constituting up to 0.13% of the post-issue paid-up Equity share capital) for purchase by eligible Employees (the "Employee reservation portion"). The issue less the Employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue would constitute 25.13% and 25%, respectively, of its post-issue paid-up Equity Share capital. The company in consultation with the brlm, offered a discount of up to 4.76% (equivalent to Rs. 8.00 per equity share) to the issue price to eligible Employees bidding in the employee reservation portion ("Employee Discount"). The face value of Equity Shares is Rs.10 each. The issue price is 16.80 times the face value of the Equity Shares.

Issue Money Payable On
Opens On Closes On Application Allotment
26-Sep-24 30-Sep-24 168.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 88   Further Multiples of : 88
  Rs Cr Lead Managers to the Issue
Project Cost 0.00 Unistone Capital Pvt Ltd
Project Financed through Current Offer 157.96  
Post Issue Equity Share Capital 37.43  
Issue Price 168.00  

Projects

  • Funding capital expenditure requirements towards proposed expansion
  • Setting up of a proposed facility
  • Funding working capital requirements of the company
  • General corporate purposes

Promoted By

Prashant Garg

Nitin Garg

Chitra Garg

Listing At

BSE

NSE

Registrar to the Issue

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