Diffusion Engineers IPO
Specialty Welding/Engineering - Listed on 04 October 2024
Diffusion Engineers IPO listing summary
Diffusion Engineers (Specialty Welding/Engineering) closed its IPO window in 2024 and listed on NSE and BSE on 04 October 2024 at an upper band issue price of Rs 168, opening at Rs 193.5 for a listing gain of +15.2% and closing day one at Rs 203.17 (+20.9% on closing basis). The IPO was subscribed 114.34x overall - QIB 95.74x, HNI/NII 207.56x, Retail 85.32x. The total issue size was Rs 158 Cr (Fresh Issue Rs 158 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Diffusion Engineers IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 50 | +35.71% |
| Day 2 | Rs 70 | +36.90% |
| Day 3 | Rs 75 | +35.71% |
| Day 4 | Rs 70 | +37.50% |
| Day 5 | Rs 63 | +35.71% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Diffusion Engineers IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Diffusion Engineers IPO - FAQs
What was the listing gain of Diffusion Engineers IPO?
Diffusion Engineers IPO listed at +15.2% versus the upper issue price of Rs 168 on 04 October 2024.
How many times was Diffusion Engineers IPO subscribed?
Diffusion Engineers IPO was subscribed 114.34x overall. QIB portion was subscribed 95.74x, HNI / NII 207.56x and Retail 85.32x.
What was the IPO GMP for Diffusion Engineers?
IPO GMP started at Rs 50 on Day 1 and moved to Rs 63 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.