Diffusion Engineers stock debuts with 15% premium over issue price

Diffusion Engineers shares listed at Rs 193.5 on NSE and Rs 188 on BSE, reflecting a significant premium over the issue price. The IPO was well-received with nearly 115 times subscription. The company plans to use proceeds for expanding manufacturing facilities, working capital, and corporate purposes. Revenue increased 10% in FY 2024, with a 39% rise in net profit.