Diffusion Engineers
MAINBOARD
Listed
Price Band
₹159 - ₹168
Lot Size
88 Shares
Issue Size
₹211.18 Cr
Fresh Issue
₹211.18 Cr
OFS
Nil (100% Fresh)
Registrar
Bigshare Services Private Limited
AI Sentiment Score
Listing Price
₹193.50
vs Issue: ₹168 (+15.18%)
📅 IPO Timeline
✓
Open
Sep 26, 2024
✓
Close
Sep 30, 2024
✓
Allotment
Oct 1, 2024
✓
Refund
Oct 2, 2024
✓
Demat
Oct 2, 2024
✓
Listing
Oct 4, 2024
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Diffusion Engineers displays an established operational footprint with expanding revenue streams (16.9% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (16.9% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 15.8%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 255.00 Cr | Rs 278.00 Cr | Rs 335.00 Cr | Rs 407.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 22.00 Cr | Rs 31.00 Cr | Rs 36.00 Cr | Rs 50.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 29.00 Cr | Rs 39.00 Cr | Rs 45.00 Cr | Rs 57.00 Cr |
| Borrowings (₹ Cr) | Rs 48.00 Cr | Rs 34.00 Cr | Rs 23.00 Cr | Rs 29.00 Cr |
| Total Assets (₹ Cr) | Rs 230.00 Cr | Rs 276.00 Cr | Rs 444.00 Cr | Rs 510.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 15.80% | 15.80% | 15.80% | 15.80% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Company P/E
30.7x
Industry P/E
35.3x
Debt/Equity
0.07
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 35.3x
IPO 30.7x
0x (Deep Value)
48x (High Multiple)
📋 Live Subscription Status
QIB
95.74x
NII
216.12x
Retail
85.61x
Total
114.49x
🎯 Retail Allotment Probability
1.2% Odds
1 in 85.6 chance (~1.2% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:42 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹211.2 Cr
Issue Size
Fresh (100%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- SEBI Filings (DRHP)View on SEBI →
- SEBI Filings (RHP)View on SEBI →
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.