Diffusion Engineers Ltd.
Issue Open Date 26-Sep-24  
Issue Closing Date 30-Sep-24  
Application Money 100  
Allotment Money  
Price Band () 159 - 168  
Minimum Bid Quantity. 88  
Issue Size (Shares) 6598500  
Market Lot 1  
Objective

1. Funding capital expenditure requirements towards expansion of our existing manufacturing facilityat Khasra No. 36, 37, 38/1, 38/2, 38/3, Khapri (Uma), Nagpur- 441 501, Maharashtra (“ProposedExpansion”)2. 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”)3. Funding working capital requirements of the Company and4. General Corporate Purposes

Business Description

We are engaged in the business of providing engineering solutions to customers both in domestic andinternational market. Our Company has been in existence for over four decades and provides a wide rangeof products and services including manufacture of special welding consumables, wear plates and heavyengineering equipment for core industries and provide special and customized repairs and recond...

Promoter's Holding
Total Share Capital   26086970  
Offered to Public   9847000  
Promoter's Holding (Pre-Issue)   93.1  
Promoter's Holding (Post-Issue)   69.7  
Address
Address :T-5 & T-6
Nagpur Industrial Area
M I D C
Hingna
City :Nagpur, State :Maharashtra Pincode :440016 Phone :9158317943 Email : cs@diffusionengineers.com Website : www.diffusionengineers.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE, NSE
Lead Manager
Unistone Capital Pvt Ltd.
Promoters
Chitra Garg
Nitin Garg
Prashant Garg

© 2019. MSE Financial Services Ltd. All Rights Reserved

Developed & Content Powered by  Accord Fintech Pvt. Ltd.