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Diffusion Engineers IPO allotment – Check allotment status, GMP, listing date and more

Oct 1, 2024, 10:07 IST
Business Insider India
Representational imageiStock
  • Diffusion Engineers will announce the share allotment status today.
  • The shares of Diffusion Engineers were subscribed 114.5 times.
  • The shares of Diffusion Engineers will be listed on the stock exchanges on October 4.
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Maharashtra-based Diffusion Engineers, a manufacturer of welding consumables, wear plates and parts is all set to announce the allotment status of its initial public offering (IPO) on Tuesday, October 1.

The Diffusion Engineers IPO opened on September 26 and closed on September 30. The price band for the IPO was ₹159 to ₹168 per share.

Diffusion Engineers IPO subscription

On the last day, the Diffusion Engineers IPO was subscribed 114.5 times, receiving bids for 75.55 crore equity shares against 65.99 lakh shares on offer.

While the qualified institutional buyer portion was subscribed 95.74 times, the non-institutional investors portion was subscribed 207.60 times. The retail portion also witnessed excellent participation and was subscribed 85.61 times. The employee portion was subscribed 95.05.

Diffusion Engineers grey market premium

The shares of Diffusion Engineers are currently commanding a grey market premium (GMP) of ₹65 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

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How to check the Diffusion Engineers’ allotment status

You can check the allotment status on the registrar’s website.

  • To check the Diffusion Engineers IPO allotment status, visit the registrar’s website here.
  • Click on ‘Select Company’ and then select ‘Diffusion Engineers’.
  • Now, select PAN, application number, or beneficiary ID and provide the details.
  • Now, enter the captcha.
  • Click on “Search”.
You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Diffusion Engineers IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

  • Go to the BSE website.
  • On the website, click on 'Equity' and then select ‘Diffusion Engineers’ from the dropdown menu.
  • Now, enter your application number and PAN.
  • Click on 'Search'.
You will be able to see the number of shares allotted to you.

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You can click here and log in to check your allotment status on NSE.

Diffusion Engineers IPO listing date

The shares of Diffusion Engineers will be listed on the stock exchanges on October 4.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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