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Diffusion Engineers Ltd

Diffusion Engineers Ltd

    Registered Office : T 5 & 6 M I D C,Nagpur Industrial Area Hingna,Nagpur Maharashtra 440016 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

Opens On

Closes On

26-Sep-2024

30-Sep-2024

Money Payable On

Application

Allotment

168.00

0.00

Minimum Application for shares in Nos : 88.0 Further Multiples of : 88.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

157.96

37.43

168.00

Unistone Capital Pvt Ltd

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
  • Bigshare Services Pvt Ltd