Diffusion Engineers Limited IPO

Diffusion Engineers Limited is a leading provider of industrial repair and maintenance solutions in India. The company is well-known for its specialized welding technology, offering products and services that cater to industries like steel, power, cement, mining, and various other heavy industrial sectors.

Key Details:

1. Established: 1982

• Founded by Mr. M.D. Saraf, Diffusion Engineers has grown significantly over the decades, becoming a leader in wear and corrosion protection solutions.

1. Product Range:

• Welding Consumables: A wide range of electrodes, filler wires, and wear plates used in industries for maintenance and repair.
• Wear Plates: Used in heavy machinery and industrial applications to protect surfaces from wear and corrosion.
• Wear Components: Products like impellers, liners, and hammers are used to prolong the lifespan of machinery and equipment.
• Welding Alloys: Special alloys designed for enhancing performance in high-stress environments.

1. Services:

• Industrial Repair & Maintenance: Diffusion Engineers specializes in repairing and refurbishing machinery, reducing downtime and enhancing productivity for their clients.
• On-site Services: They provide on-site welding and repair services, particularly for sectors like mining, cement, and power plants.

1. Industries Served:

• Steel and Metallurgy
• Power Generation
• Cement
• Mining
• Sugar Industry
• Oil and Gas
• Construction Equipment

1. Technology Focus:

• The company invests in research and development to create advanced materials and solutions to combat wear, abrasion, and corrosion in high-stress environments.
• They use innovative technology for developing coatings, alloys, and welding consumables that meet the evolving needs of industrial sectors.

1. Global Presence:

• While Diffusion Engineers primarily serves the Indian market, it also exports its products and services to several countries.

Competitive Advantages:

• Customization: Ability to design products and solutions tailored to specific industry needs.
• Comprehensive Solutions: The company offers a combination of products and services that reduce downtime, improve equipment life, and lower maintenance costs.
• R&D Investment: Continuous focus on innovation, resulting in cutting-edge technologies and materials for industrial maintenance.

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Company Financials:

Company Promoters:

Mr. Prashant Garg, Dr. Nitin Garg, and Ms. Chitra Garg are the company promoters.

Objects of this Issue:

• Funding capital expenditure requirements towards the expansion of existing manufacturing facility at Khapri (Uma), Nagpur- 441 501, Maharashtra, India (Proposed Expansion).
• Setting up of a new manufacturing facility located at Plot Nos. 33-B/1/1/ & 33-B/1/1/Part, MIDC, Hingna, Sonegaon District, Nagpur-440 016, Maharashtra (Proposed Facility).
• Funding working capital requirements of the Company.
• General Corporate Purposes.

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