Diffusion Engineers IPO GMP History
Diffusion Engineers IPO has been listed on October 4, 2024 at a listing price of ₹193.5, against the issue price of ₹168 — a gain of ₹25.5 (+15.18%). The GMP peaked at ₹75 on 26 September 2024 and reached a low of ₹50 on 24 September 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Diffusion Engineers IPO raised ₹157.96 Cr. through its IPO at a price band of ₹159 to ₹168 per share, with a lot size of 88 shares. The IPO was open for subscription from 26 Sep 2024 to 30 Sep 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:18 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 03 Oct 2024 | ₹ 60 | ▼ | 36% | — | — |
| 02 Oct 2024 | ₹ 62 | ▲ | 37% | — | — |
| 01 Oct 2024 | ₹ 60 | ▼ | 36% | — | — |
| 30 Sep 2024 | ₹ 63 | ▲ | 38% | — | — |
| 28 Sep 2024 | ₹ 60 | ▼ | 36% | — | — |
| 27 Sep 2024 | ₹ 70 | ▼ | 42% | — | — |
| 26 Sep 2024 | ₹ 75 | ▲ | 45% | — | — |
| 25 Sep 2024 | ₹ 70 | ▲ | 42% | — | — |
| 24 Sep 2024 | ₹ 50 | — | 30% | — | — |
Diffusion Engineers IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 26 Sep 2024
- Close 30 Sep 2024
- Allotment 01 Oct 2024
- Refund/credit 03 Oct 2024
- Listing 04 Oct 2024
Diffusion Engineers IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹168 |
|---|---|
| GMP-based estimate (pre-listing) | ₹228 (+35.7%) |
| Listing gain / loss | +₹25.5 per share |
| Listing date | 04 Oct, 2024 |
| Actual listing price | ₹193.5 (+15.18%) |
Is Diffusion Engineers IPO GMP reliable?
Grey market premium for Diffusion Engineers IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Diffusion Engineers IPO full review for a fundamentals-based assessment before making any grey market trades.
Diffusion Engineers IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Diffusion Engineers IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Diffusion Engineers IPO
Diffusion Engineers Limited was incorporated as Diffusion Engineers Private Limited on 5 November 1982. It makes welding consumables, wear plates, wear parts and heavy engineering machinery for core industries.
It also provides special and customised repair and reconditioning services for heavy machinery and equipment, and trades anti-wear powders and welding and cutting machinery.
Its manufacturing is based in Nagpur, Maharashtra. Its promoters are Prashant Garg, Nitin Garg and Chitra Garg.
The IPO was Rs 157.96 crore and was entirely fresh issue. Rs 71.38 crore was planned for expanding its Khapri, Nagpur plant, Rs 30.39 crore for a new plant at MIDC Hingna and Rs 22.00 crore for working capital.
Frequently asked
What is the GMP of Diffusion Engineers IPO?
The current Grey Market Premium (GMP) of Diffusion Engineers IPO is ₹ 60.
What is the Kostak Price of Diffusion Engineers IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Diffusion Engineers IPO is not available.
What is the Subject to Sauda Price of Diffusion Engineers IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Diffusion Engineers IPO?
Diffusion Engineers IPO listed on October 4, 2024 at ₹193.5, against the issue price of ₹168 — a gain of +15.18%.
How did the GMP of Diffusion Engineers IPO trend before listing?
The GMP of Diffusion Engineers IPO was falling in its final days before listing. The GMP peaked at ₹75 on 26 September 2024. View the day-wise table above for the complete GMP history.
Explore Diffusion Engineers IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
