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The IPO is purely a fresh issue of up to 98,47,000 equity shares with a face value of Rs 10 each, according to the draft red herring prospectus filed on December 27. Going by the draft papers, proceeds from the issue will be used by the company towards expansion of its existing manufacturing facility and setting up a new manufacturing facility in Maharashtra.
Get latest articles and stories on Latest News at LatestLY. Engineering solutions provider Diffusion Engineers has filed preliminary papers with the capital markets regulator Sebi to raise funds through an initial share sale. Latest News | Diffusion Engineers Files IPO Papers with Sebi.
Diffusion Engineers IPO | The offer comprises only a fresh issue of 98.47 lakh equity shares by the company.
Discover the comprehensive list of nominees contending for all 26 awards as part of the ET MSME Awards initiative. The winners for the ET MSME Awards 2023 will be revealed at the grand felicitation ceremony set to take place on December 8, 2023, in New Delhi.
There are two important aspects of any welding process that one should never compromise - safety and quality.