Diffusion Engineers shares list at 12% premium, misses expectations

Diffusion Engineers shares listing: The shares of Diffusion Engineers Limited opened at Rs 188 on the Bombay Stock Exchange (BSE) marking a premium of 11.90% over its issue price of Rs 168.

Shares of Diffusion Engineers Limited made a decent debut on the stock exchanges on Friday, listing at a premium of 12% over its IPO price.

The shares of Diffusion Engineers opened at Rs 188 on the Bombay Stock Exchange (BSE) marking a premium of 11.90% over its issue price of Rs 168.

On the National Stock Exchange (NSE), Diffusion Engineers shares listed at Rs 193, at a premium of 15.17% over the issue price.

The listing of Diffusion Engineers' stock was below the projected IPO GMP, despite the fact that its shares had previously traded at a premium of 35.52% above the IPO issue price in the grey markets before the listing.