Diffusion Engineers Limited IPO
Diffusion Engineers Limited was a mainboard IPO in the Other Industrial Products sector, offered at ₹159–₹168 per share to raise ₹211 crore. The issue was subscribed 114.49× overall (QIBs 95.74×, NIIs 207.6×, retail 85.61×). It listed on 4 Oct 2024 at ₹194 and closed its first day at ₹203, a listing gain of +20.9% versus the ₹168 issue price. It now trades around ₹396 (+135.9% versus the issue price).
Frequently asked questions
- How many times was the Diffusion Engineers Limited IPO subscribed?
- The Diffusion Engineers Limited IPO was subscribed 114.49× overall — 95.74× in the QIB category, 207.6× among non-institutional investors, 85.61× in retail.
- What were the Diffusion Engineers Limited IPO listing gains?
- Diffusion Engineers Limited listed on 4 Oct 2024 at ₹194, closing its first day at ₹203 — a listing gain of +20.9% versus the ₹168 issue price.
- What were the retail allotment odds for the Diffusion Engineers Limited IPO?
- Retail was subscribed 85.61×, so a single-lot application had roughly a 1.2% chance of allotment (about 1 in 86), and allotment was finalised on 2 Oct 2024.
- What was the price band and lot size of the Diffusion Engineers Limited IPO?
- The price band was ₹159–₹168 per share, with a minimum lot of 88 shares (₹14,784 at the upper band).
- Who were the registrar and lead manager for the Diffusion Engineers Limited IPO?
- Bigshare Services Private Limited was the registrar, and Unistone Capital was the book-running lead manager.