Diffusion Engineers IPO Details Launch Date, share price, Issue Size, GMP Price, Review

Diffusion Engineers IPO Details Launch Date, share price, Issue Size, GMP Price, Review

OUR BUSINESS

 

Our Company was incorporated in 1982 We are engaged in the business of manufacturing welding consumables, wear plates and wear parts and heavy engineering machinery for core industries.

 

our Company is dedicated to providing specialized repairs and reconditioning services for heavy machinery and equipment. Additionally, we are also involved in trading of anti-wear powders and welding and cutting machinery.

 

We provide super conditioning process at our manufacturing facilities, a surface treatment solution for machine components that enhances wear resistance, eliminates stress and improves their repairability ultimately extending their lifespan and reducing production costs.

 

We have developed a synergistic system of forward integration whereby we manufacture special purpose electrodes and flux cored wires which are utilized for manufacturing wear resistance plates (commonly known as wear plates).

 

These wear plates then become an integral part of majority of large industrial equipment which are made in our heavy engineering division and are significant contributor in manufacturing of industrial equipment used in core industries like cement, steel, power, mining, engineering, oil & gas, sugar, etc.

 

Welding consumables market in India is estimated at around Rs. 46 billion in fiscal 2023 .

 

OBJECTS OF THE ISSUE

1. Funding capital expenditure requirements towards expansion of our existing manufacturing facility (“Proposed Expansion”) .
2. Setting up of a new manufacturing facility.
3. Funding working capital requirements of the Company.
4. General Corporate Purposes

 

Qualitative Factors

  • Synergistic business models focused on forward integration .
  • Serving industry leaders directly as well as through OEMs.
  • Consistent financial performance
  • Long-standing relationships with customers across industries
  • Experienced promoters and strong management team

 

Comparison with listed industry peer : – 

  • Diffusion Engineers Limited.
  • Ador Welding Limited.
  • AIA Engineering Limited.

 

OUR PROMOTERS

  1.  Prashant Garg
  2.  Dr. Nitin Garg
  3.  Chitra Garg

 

DIFFUSION ENGINEERS CONTACT DETAILS

Diffusion Engineers Limited
T-5 & T-6, Nagpur Industrial Area, MIDC,
Hingna, Nagpur -440016 Maharashtra.
Email ID: cs@diffusionengineers.com
Telephone: +91 9158317943
Website:www.diffusionengineers.com

 

DIFFUSION ENGINEERS IPO REGISTAR

Bigshare Services Private Limited
Office No. S6-2, 6thfloor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri East, Mumbai-400093
Telephone: +91 22-6263 8200
Facsimile: +91 22-6263 8299
Email: ipo@bigshareonline.com
Investor grievance email: investor@bigshareonline.com
Contact Person: Babu Rapheal C.
Website:www.bigshareonline.com

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