September 26, 2024 - September 30, 2024

Diffusion Engineers IPO Review & Recommendations

BP Equities (BP Wealth), Canara Bank Securities Ltd, Stoxbox by BP Equities Pvt Ltd, Swastika Investmart Ltd and Ventura Securities Limited have given "Apply" recommendation to Diffusion Engineers IPO. Capital Market and Dilip Davda have given "May Apply" recommendation to Diffusion Engineers IPO. Axis Capital, HDFC Securities Limited, JM Financial Services Limited (JMFS) and JM Financial Institutional Securities have "Not Rated" the IPO.

Diffusion Engineers IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	5	2	0	0	4
%	45.45	18.18	0.00	0.00	36.36

Diffusion Engineers IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
BP Equities (BP Wealth)	Apply
Canara Bank Securities Ltd	Apply
Capital Market	May Apply
Dilip Davda	May Apply
HDFC Securities Limited	Not Rated
JM Financial Services Limited (JMFS)	Not Rated
JM Financial Institutional Securities	Not Rated
Stoxbox by BP Equities Pvt Ltd	Apply
Swastika Investmart Ltd	Apply
Ventura Securities Limited	Apply

Diffusion Engineers IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Diffusion Engineers IPO is 46. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	46	May subscribe

Diffusion Engineers IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is engaged in the manufacturing welding consumables, wear plates, wear parts and heavy engineering machinery for core industries. It posted steady growth in its top and bottom lines for the reported periods. Based on FY24 earnings, the issue appears fully priced. It is poised for bright prospects amidst mega spending on infra and industrialization. Though the issue appears fully priced, investors may park funds for medium to long term. Read detail review...

Diffusion Engineers IPO Peer Comparison

Diffusion Engineers Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio
Diffusion Engineers Limited	10.94	10.94	68.06		18.52	2.47
Ador Welding Ltd.	46.46	46.46	266.49	29.01	18.43
Aia Engineering Ltd.	120.4	120.4	705.86	35.88	18.41

Notes:

All the financial information for listed industry peers mentioned above is on a consolidated/Standalone basis as available sourced from the Financial Reports of the peer company uploaded on the NSE website for the year ended March 31, 2024.
The P/E Ratio has been computed based on the closing market price of equity shares on the NSE website on September 12, 2024, divided by the Diluted EPS.
NAV is computed as the closing net worth divided by the weighted outstanding number of equity shares.

Diffusion Engineers IPO Review by Members

Diffusion Engineers IPO Reviews, analysis and views by popular members. Read Diffusion Engineers Limited IPO reviews by retail investors to find recommended ipo to buy.

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Diffusion Engineers IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	2	0	0	2
%	50.00	0.00	0.00	50.00

Member	Review
Balaji S	Avoid Not enough Anchor Book interest. Though valuations compared to peers like Ador Welding and AIA Engineering is low, the company operates in a low-margin business within a highly fragmented market dominated by unorganized players. Falling GMP indicates that it may list with just 10-15% gains. September 30, 2024 4:39:23 PM
Pradeep Bishnoi	Apply for Long Term at Upper Price Band Apply for decent listing gain and long term. October 1, 2024 9:42:47 AM
Pradipkumar	Apply for Listing Gain at Upper Price Band very good ipo for listing gain September 30, 2024 12:39:22 PM
Sankpal	Avoid Avoid n watch September 27, 2024 1:39:41 AM
Shaikh ŜΛŁŁÛ	Apply for Listing Gain at Cut-off Price +30% September 30, 2024 3:08:34 PM

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