Founded in 1982, Diffusion Engineers Limited is active in the manufacture of welding consumables, wear plates and parts, and heavy machinery for core industries.
The company offers specialized repair and reconditioning services for heavy machinery and equipment. The company also trades in wear protection powders and welding and cutting machines. At its production facilities, the company offers the Super Conditioning process, a surface treatment for machine components that increases wear resistance, eliminates stresses, and improves reparability, ultimately extending service life and reducing production costs.
Diffusion Engineers Limited has four manufacturing units, of which Units I, II, and III are located at Nagpur Industrial Area, Hingna, Nagpur, Maharashtra, and Unit IV at Khapri (Uma), Nagpur, Maharashtra is responsible for the processing and manufacturing of the products. The manufacturing operations are spread across the various units as follows:
As of February 29, 2024, the company had a team of over 130 qualified engineers.
Diffusion Engineers Limited’s revenue increased by 10% and profit after tax (PAT) rose by 39% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 275.59 | 230.34 | 189.55 | |||||||||||||||||||||||||||
| Revenue | 285.56 | 258.67 | 208.75 | |||||||||||||||||||||||||||
| Profit After Tax | 30.8 | 22.15 | 17.05 | |||||||||||||||||||||||||||
| Net Worth | 190.7 | 142 | 120.65 | |||||||||||||||||||||||||||
| Reserves and Surplus | 163.03 | 138.39 | 117.34 | |||||||||||||||||||||||||||
| Total Borrowing | 34.44 | 48.09 | 24.6 | |||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
The market capitalization of Diffusion Engineers IPO is Rs 628.76 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 18.52% |
| ROCE | 20.63% |
| Debt/Equity | 0.18 |
| RoNW | 18.52% |
| P/BV | 2.47 |
| PAT Margin (%) | 10.79 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.99 | 8.23 |
| P/E (x) | 15.28 | 20.41 |
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
| IPO Date | September 26, 2024 to September 30, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹159 to ₹168 per share |
| Lot Size | 88 Shares |
| Total Issue Size | 9,405,000 shares (aggregating up to ₹158.00 Cr) |
| Fresh Issue | 9,405,000 shares (aggregating up to ₹158.00 Cr) |
| Employee Discount | Rs 8 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 28,021,259 |
| Share holding post issue | 37,426,259 |
Mr. Prashant Garg, Dr. Nitin Garg, and Ms. Chitra Garg are the company promoters.
| Share Holding Pre Issue | 93.10% |
| Share Holding Post Issue | 69.70% |
Looking to invest ethically or according to Islamic principles? Expert Ethical brokers can help. Whether you need an ethical investment broker, a halal stock broker in India, or a Shariah-compliant broker, there are specialists available. Discover how to align your investments with your values and start your journey towards ethical wealth creation today through Ethical IAP or Ethical PMS.
Visit Prosperia.in to learn more about Ethical Investment Opportunities and start your journey towards ethical wealth creation today.
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.
Last Updated on November 21, 2024 Rajesh Power Services Limited IPO Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and
Last Updated on November 19, 2024 C2C Advanced Systems Limited IPO C2C Advanced Systems Limited, formerly known as C2C – DB Systems Private Limited, incorporated in 2018, is a vertically
Last Updated on November 21, 2024 Enviro Infra Engineers Limited IPO Enviro Infra Engineers Limited was established in 2009 and is engaged in the design, construction, operation, and maintenance of
Copyright © 2023 - Halalstock.in
You can contribute as little as
100, 200, 500 & so…
every bit counts.
Flexicap-aggressive portfolio of Shariah Compliant stocks.
