Issue Open Date
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26-Sep-24
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Issue Closing Date
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30-Sep-24
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Application Money
|
100
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Allotment Money
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|
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Price Band
|
159
-
168
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Minimium Application No.
|
88
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Issue Size (Shares)
|
6598500
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Market Lot
|
1
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Objective
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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
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
1403250
|
291314672
|
207.599980046321
|
Qualified Institutional Buyers
|
1871000
|
179121712
|
95.735816141101
|
Retail Individual Investors
|
1871000
|
179121712
|
95.735816141101
|
|
|
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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
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Promoter's Holding
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Total Share Capital
|
26086970
|
Offered to Public
|
9847000
|
Promoter's Holding (Pre-Issue)
|
93.1
|
Promoter's Holding (Post-Issue)
|
69.7
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MORE > |
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Address |
T-5 & T-6 Nagpur Industrial Area M I D C Hingna
Nagpur
,
Maharashtra
,
440016
Phone :
9158317943
Email :
cs@diffusionengineers.com
Website :
www.diffusionengineers.com
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
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Listed at |
BSE, NSE
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Lead Manager |
Unistone Capital Pvt Ltd.
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Promoters |
Chitra Garg Nitin Garg Prashant Garg
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