Diffusion Engineers IPO Details
| IPO Issue Open Date: | 26 September 2024 |
| IPO Issue Close Date: | 30 September 2024 |
| IPO Issue Price Band: | ₹159 to ₹168 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹150.84 Crores | 12,570,000 shares |
| Fresh Issue: | ₹158.00 Crores | 12,570,000 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | BSE & NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹8 per share |
Diffusion Engineers IPO Prospectus:
Checkout the Diffusion Engineers IPO Prospectus of DRHP and RHP file.
Checkout the Diffusion Engineers IPO Prospectus of DRHP and RHP file.
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Diffusion Engineers IPO Dates Timeline
| Issue Open Date: | 26 September 2023 |
| Issue Close Date: | 30 September 2023 |
| Basis of Allotment Date: | 1 October 2024 |
| Refunds Initiation: | 3 October, 2024 |
| Shares Credit in Demat: | 3 October, 2024 |
| IPO Listing Date Detail: | 4 October, 2024 |
Diffusion Engineers IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 88 shares = ₹14,784 |
| Retail (Max) | 13 lots and 1144 shares = ₹192,192 |
| S-HNI (Min) | 14 lots and 1,232 shares = ₹206,976 |
| B-HNI Minimum | 67 lots and 5,896 shares = ₹990,528 |
Diffusion Engineers IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹- | ₹- | ₹- | -5% |
Check Live GMP
About Diffusion Engineers
Diffusion Engineers is a NBFC-BL providing financial solutions for New 2Ws, 3Ws, EV2Ws, EV3Ws, Used Cars, Small Business Loans and Personal Loans with an AUM size of more than ₹ 80,000 lakhsas on December 31, 2023. About 99% of their loan portfolio comprises of New Vehicle Loans with an average ticket size (ATS) of around ₹ 0.80 lakhs. They provide financial solutions to their target customers who are looking for a quick turnaround time (TAT) for loan sanction and disbursement. They are based out of Mumbai, Maharashtra and operate out of 65 Locations connected to 28 branches across five (5) states in western, central and north India. They have established deep and long-term relationships with more than 850 Dealers, including more than 60 EV Dealers, across Maharashtra, Gujarat, Rajasthan, Chhattisgarh and Madhya Pradesh. They have recently expanded their loan portfolio to Used Car Loans, Small Business Loans and Personal Loans and they intend to leverage their existing network to further penetrate the market with their new products.
Diffusion Engineers IPO Strengths
To Be Updated Soon
Objects of the IPO Issue
- Funding capital expenditure requirements towards the expansion of existing manufacturing facility at Khasra No. 36, 38/1, 38/2, 38/3, Khapri (Uma), Nagpur- 441 501, Maharashtra, India (Proposed Expansion);
- 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);
- Funding working capital requirements of the Company; and
- General Corporate Purposes.
Diffusion Engineers Company Financial Report
The company reported revenue of ₹285.56 crores in 2024 against ₹258.67 crores in 2023. The company reported a profit of ₹30.80 crores in 2024 against a loss of ₹22.16 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹208.75 | ₹187.65 | ₹17.05 | ₹189.55 |
| 2023 | ₹258.67 | ₹233.14 | ₹22.15 | ₹230.34 |
| 2024 | ₹285.56 | ₹245.58 | ₹30.8 | ₹275.59 |
Diffusion Engineers IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 18.52% |
| ROCE: | 20.63% |
| EBITDA Margin: | 17.04% |
| PAT Margin: | 10.79% |
| Debt to equity ratio: | 0.18 |
| Earning Per Share (EPS): | ₹8.34 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 18.52% |
| Net Asset Value (NAV): | ₹68.06 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Ador Welding Limited | 46.46 | 29.01 | 18.43% | 266.49 | 8,83.83 Cr. |
| AIA Engineering Limited | 120.4 | 35.88 | 18.41% | 705.86 | 48,53.76 Cr. |
Diffusion Engineers IPO Registrar
Bigshare Services Pvt Ltd
Telephone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Diffusion Engineers IPO Lead Manager
- Unistone Capital Private Limited
Diffusion Engineers IPO allotment status noq on Link Intime website. Click on Bigshare Services Pvt Ltd
to get allotment status.
Promoters of Diffusion Engineers
- Prashant Garg
- Dr. Nitin Garg
- Chitra Garg
Company Address
Diffusion Engineers Limited
T-5 & T-6,
Nagpur Industrial Area, MIDC,
Hingna, Nagpur – 440016
Phone: +91 9158317943
Email: cs@diffusionengineers.com
Website: https://www.diffusionengineers.com/