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Diffusion Engineers’s IPO Sparks Buzz with 27.17x Subscription Rate on Day 2 –  Discover the Details!

Diffusion Engineers IPO had mixed Day 2 subscriptions: QIBs at 0.28x, Non-Institutional at 47.06x, RIIs at 33.88x, totaling 27.17x, showing strong sectoral interest.
Diffusion Engineers’s IPO Sparks Buzz with 27.17x Subscription Rate on Day 2 -  Discover the Details!

Diffusion Engineers IPO saw varied subscription levels on Day 2: QIBs at 0.28 times, Non-Institutional Investors at 47.06 times, RIIs at 33.88 times, and Employees at 36.62 times, culminating in a total subscription of 27.17 times, indicating strong sectoral interest.

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Diffusion Engineers Limited IPO Subscription Status

Diffusion Engineers IPO saw varied interest on Day 1: QIBs subscribed just 0.03 times, Non-Institutional Investors at 6.79 times, RIIs at 11.23 times, and Employees at 16.66 times, leading to a total subscription of 7.15 times, indicating diverse sectoral interest.

How to check Diffusion Engineers IPO Subscription Status?

Steps to check Diffusion Engineers Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Diffusion Engineers Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Diffusion Engineers Limited IPO Allotment Status

The allotment date for the Diffusion Engineers Limited IPO is set for October 1, with shares priced from ₹159 to ₹168 per share and a face value of ₹10. The offering consists of lots of 88 shares, with bids accepted for these lots or their multiples.

Diffusion Engineers Limited IPO Listing Date 

Diffusion Engineers Limited IPO is expected to be listed on the NSE SME on October 4, 2024.

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