Diffusion Engineers IPO Allotment Status

Summary

Diffusion Engineers IPO has received an exceptional response from investors, closing with an impressive subscription of 114.49 times by 30th September 2024 at 5:11:08 PM (Day 3). The public issue witnessed substantial demand across all investor categories. The Non-Institutional Investors (NII) category led the charge with a subscription of 207.60 times, with small NIIs (bids below ₹10 lakh) subscribing 216.13 times and big NIIs (bids above ₹10 lakh) subscribing 203.34 times.

The Qualified Institutional Buyers (QIB) portion demonstrated strong engagement, subscribing 95.74 times. The Retail Investors segment was subscribed 85.60 times, while the Employee portion was subscribed 95.04 times. The Anchor Investors portion was fully subscribed. This exceptional response across all categories underscores the positive market sentiment towards Diffusion Engineers' offering and suggests optimistic investor expectations for the company's future performance.

How to Check Diffusion Engineers IPO Allotment Status:

How to Check Diffusion Engineers IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Bigshare Services Pvt Ltd (https://ipo.bigshareonline.com/) 

Step 2: From the selection menu, choose Diffusion Engineers IPO.

Step 3: Choose one of the following modes: PAN ID, Demat Account number, or Application number

Step 4: Enter the information relevant to the mode you have chosen.

Step 5: For security purposes, fill out the captcha accurately.

Step 6: Click "Submit."

How to Check Diffusion Engineers IPO Allotment Status on BSE/NSE?

On the websites of the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE), investors who placed a bid for the Diffusion Engineers IPO can monitor the allotment status:

Step 1: Visit the BSE website https://www.bseindia.com/investors/appli_check.aspx

Step 2: Select "Equity" in the Issue Type dropdown

Step 3: Select "Diffusion Engineers Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number and PAN ID.

Step 5: Click on 'I am not a robot' and then click "Search".

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections.

Offer Required Information: Provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio."

Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Diffusion Engineers IPO Timeline:

Diffusion Engineers IPO Subscription Status

Diffusion Engineers IPO received 114.49 subscriptions. By 30th September 2024 at 5:11:08 PM (Day 3), the public issue had been subscribed 85.60 times in the retail category, 95.74 times in the QIB category, and 207.60 times in the NII category. The Employee portion was subscribed 95.04 times.

Subscription Day 3 (as of 5:11:08 PM)
Total Subscription: 114.49 times
QIB: 95.74 times
NII: 207.60 times
bNII (bids above ₹10L): 203.34 times
sNII (bids below ₹10L): 216.13 times
Retail investors: 85.60 times
Employees: 95.04 times

Subscription Day 2
Total Subscription: 27.74 times
QIB: 0.28 times
NII: 47.39 times
Retail investors: 34.85 times
Employees: 38.09 times
 

Subscription Day 1
Total Subscription: 7.34 times
QIB: 0.03 times
NII: 6.85 times
Retail investors: 11.58 times
Employees: 17.43 times
 

Diffusion Engineers IPO Details 

Diffusion Engineers' initial public offering (IPO) is a book built issue amounting to ₹158.00 crores. This offering consists of a fresh issue of 94.05 lakh shares.

The bidding process for the Diffusion Engineers IPO commenced on 26th September 2024 and concluded on 30th September 2024. The allotment results for this IPO are anticipated to be finalised on 1st October 2024. Furthermore, the shares of Diffusion Engineers are set to be listed on the BSE and NSE, with a provisional listing date scheduled for 4th October 2024.

The Diffusion Engineers IPO price band has been established between ₹159 and ₹168 per share. Investors must apply for a minimum lot size of 88 shares, which requires a minimum investment of ₹14,784 for retail investors. For small non-institutional investors (sNII), the minimum investment consists of 14 lots (1,232 shares), totalling ₹206,976. For big non-institutional investors (bNII), the minimum investment is 68 lots (5,984 shares), amounting to ₹1,005,312.

The issue includes a reservation of up to 50,000 shares for employees offered at a discount of ₹8 to the issue price.
Unistone Capital Pvt Ltd serves as the book running lead manager for the Diffusion Engineers IPO. Bigshare Services Pvt Ltd is designated as the registrar for this offering.