Founded in 1982, Diffusion Engineers Limited manufactures welding consumables, wear plates and parts, and offers repair services for heavy machinery. It has units located in Nagpur, Maharashtra.
The Diffusion Engineers Limited IPO will open for subscription on September 26, 2024, and will close on September 30, 2024.
The total issue size consists of a fresh issue of 0.94 crore shares worth ₹158 crore.
The price band is set at ₹159 to ₹168 per share, with a minimum investment of ₹14,784 for a lot of 88 shares.
The company plans to use the IPO proceeds for expanding its existing manufacturing facility, setting up a new unit in Nagpur, funding working capital, and general corporate purposes.
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