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Diffusion Engineers Limited IPO GMP – Click here to Know More

Diffusion Engineers Limited IPO offers shares at ₹159 to ₹168, with a ₹77 Grey Market Premium. Available in 88share lots, the subscription runs from September 26 to September 30, 2024.
Diffusion Engineers Limited IPO GMP - Click here to Know More

Diffusion Engineers Limited IPO has a ₹77 Grey Market Premium as of September 25, 2024, with a price range from ₹159 to ₹168 per share. Offering lots of 88 shares, the subscription window is open from September 26 to September 30, 2024.

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Diffusion Engineers Limited IPO GMP Today

The Grey Market Premium (GMP) for Diffusion Engineers Limited is ₹77 as of September 25, 2024. This assessment coincides with a price from ₹159 to ₹168 per share for the IPO.

Diffusion Engineers Limited IPO Review

Diffusion Engineers Ltd demonstrates robust financial health with consistent revenue growth and enhanced profitability. Revenue rose from ₹2,087.47 million in 2022 to ₹2,855.61 million in 2024, while profit after tax increased from ₹210.99 million to ₹399.80 million, reflecting the company’s effective business expansion.

The company’s equity strengthened from ₹1,208.36 million in 2022 to ₹1,910.18 million in 2024, boosting shareholder returns as the diluted EPS grew from ₹6.08 to ₹10.94. With a healthy balance sheet, improved current ratio of 1.89, and a debt-equity ratio of 0.18, Diffusion Engineers showcases strong liquidity and reduced reliance on debt.

To get a full IPO review, click here Diffusion Engineers IPO

Diffusion Engineers Limited IPO Date

Diffusion Engineers Limited IPO will start accepting subscriptions from September 26, 2024, to September 30, 2024.

Diffusion Engineers Limited IPO Price

Diffusion Engineers Limited’s price range is from ₹159 to ₹168 per share with a face value of ₹10 each.

Diffusion Engineers Limited

The company is engaged in the business of manufacturing welding consumables, wear plates and wear parts, and heavy engineering machinery for core industries. With over four decades of experience, the company is dedicated to providing specialised repairs and reconditioning services for heavy machinery and equipment.

How To Apply For Diffusion Engineers Limited IPO?

To apply for the Diffusion Engineers Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Diffusion Engineers Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Diffusion Engineers Limited IPO at Alice Blue in just a few clicks!

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