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Diffusion Engineers' IPO received a strong response from investors, with an overall subscription rate of approximately 115 times at closing.
In addition to manufacturing, the company offers specialized repair and reconditioning services for heavy machinery and equipment.
As of 15:18 p.m., the QIB portion was subscribed 60.29 times while the NII portion was subscribed 183.6 times.
Diffusion Engineers shares are expected to list on the BSE and NSE on Friday, October 4, 2024.
The public issue will close on September 30, 2024, with the anchor book opening for a day on September 25.
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