BAJAJ BROKING

Notification
No new Notification messages
Inventurus Knowledge Solutions IPO is Open!
Apply for the Inventurus Knowledge Solutions IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Diffusion Engineers IPO Allotment Finalization Today After 115x Subscription

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Synopsis:

Diffusion Engineers is set to finalize its Rs 158 crore IPO allotment today following a 114.5x subscription. Investors can check their allotment status through Bigshare Services. Shares will be credited by October 3, and trading begins on October 4.

The allotment for Diffusion Engineers Ltd's Rs 158 crore IPO is expected to be finalized today, October 1, 2024. The IPO saw significant interest, with a 114.5x subscription across various investor categories. Non-institutional investors subscribed 207.60 times, while qualified institutional buyers and retail investors subscribed 95.74 and 85.61 times, respectively. The share price range for the issue was between Rs 159-168.

Investors who participated in the IPO can check their allotment status through the official registrar, Bigshare Services, by using their PAN, application number, or DP ID. The shares are expected to be credited to demat accounts by October 3, with trading anticipated to begin on October 4 on the BSE and NSE. You can also check the allotment status on Bajaj Broking.

The Maharashtra-based company plans to use the funds raised for expanding its manufacturing facilities, establishing a new unit in Nagpur, and fulfilling working capital requirements.

Source – Money Control

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text