| Diffusion Engineers Ltd |
|
Registered Office:
T 5 & 6 M I D C,Nagpur Industrial Area Hingna
,
Nagpur
-
440016
,
Maharashtra
, India.
Phone :
91-9158317943 Fax:
Email : cs@diffusionengineers.com
Website : www.diffusionengineers.com
|
Initial public offer of up to 9,405,000 Equity Shares of face value of  10 each ("Equity Shares") of Diffusion Engineers Limited ("Company or "Issuer") for cash at a price of 168 per Equity Share (including a share premium of 158 per Equity Share) ("Issue Price") Aggregating up to 157.96 crores ("Issue").
This issue includes a Reservation of up to 50,000 Equity Shares of face value of 10 each Aggrategating to 0.8 crores (constituting up to 0.13% of the post-issue paid-up Equity share capital) for purchase by eligible Employees (the "Employee reservation portion"). The issue less the Employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue would constitute 25.13% and 25%, respectively, of its post-issue paid-up Equity Share capital. The company in consultation with the brlm, offered a discount of up to 4.76% (equivalent to 8.00 per equity share) to the issue price to eligible Employees bidding in the employee reservation portion ("Employee Discount").
The face value of Equity Shares is 10 each. The issue price is 16.80 times the face value of the Equity Shares.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 26-Sep-24 |
30-Sep-24 |
Rs168.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :88 Further Multiples of :88 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
157.96 |
|
| Post Issue Equity Share Capital |
37.43 |
|
| Issue Price |
Rs168.00 |
|
|