UPI Mandate for Bids placed between 5 PM and before 10 AM will be received after 10 AM.
Offer Date | Mar 24 - Mar 26, 2025 |
Offer Price | ₹ 147-150 |
Lot Size | 1000 |
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Desco Infratech Limited IPO
BSE SME LiveOffer Date: Mar 24, 2025 - Mar 26, 2025
Exp. Premium: 14-16 (9.33%)
₹ 150000 /1000 Shares
Apply*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Desco Infratech IPO Live Subscription Details
Date
:25 Mar 2025,05:00:00 PM
QIBs
:0.98
NII
:9.56
Retail
:9.33x
Total
:7.20 times
Desco Infratech IPO Details
24 Mar, 2025
Open Date26 Mar, 2025
Close Date27 Mar, 2025
Allotment Date01 Apr, 2025
Listing DateIssue Price
₹147-150 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdMarket Lot
1000 Shares (₹150,000/-)Lead Manager
Smart Horizon Capital Advisors Private LimitedIssue Size
20,50,000 shares(aggregating up to ₹30.75 Cr)Retail Portion
35%Subscription
7.20 times
The IPO of Desco Infratech is priced at ₹147-150 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.
Desco Infratech IPO bid opening date is from Mar 24, 2025 and the bid closing date was Mar 26, 2025.
Desco Infratech IPO allotment result will be available on Mar 27, 2025. The tentative listing date for Desco Infratech is Apr 1, 2025.
The total issue size is 20,50,000 shares(aggregating up to ₹30.75 Cr).
Desco Infratech Valuations
EPS Pre IPO
₹6.15/-EPS Post IPO
₹8.81/-P/E Pre IPO
24.4P/E Post IPO
17.03ROE
40.61%ROCE
75.97%Debt/Equity
0.34RoNW
28.83%PAT Margin
11.76Price to Book Value
6.22Desco Infratech Company Financials All values are in ₹ Cr.
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 36.12 | 23.8 | 20.65 | 11.73 |
| Revenue | 22.75 | 29.49 | 29.28 | 19.92 |
| Profit After Tax | 3.38 | 3.46 | 1.23 | 0.83 |
| Net Worth | 22.67 | 11.99 | 5.04 | 3.85 |
| Reserves & Surplus | 17.04 | 11.72 | 4.79 | 3.6 |
| Total Borrowing | 6.82 | 4.06 | 5.81 | 3.09 |
About The Company
Founded in January 2011, Desco Infratech Limited is an infrastructure firm dealing in Engineering, Planning, & Construction, specifically in City Gas Distribution, Renewable Energy, Water, and Power segments.
The company deals in multiple sectors such as City Gas Distribution, Renewable Energy, Water, and Power.The firm deals in key infrastructure projects such as city gas distribution (CGD), power transmission, water supply systems, and renewable energy solutions.
The company is a pioneer in pipeline development and construction of roads, bridges, and other infrastructure, with a strong thrust in City Gas Distribution (CGD), renewable power, water, and power infrastructure.The company has diversified its business across more than 55 cities spread over 14 states, installing more than 4,000 kilometres of Medium-Density Polyethylene (MDPE) pipeline and providing more than 200,000 piped natural gas connections to residential, industrial, and commercial customers.
The company provides infrastructure services such as designing and building water distribution systems, open wells, sump wells, and overhead tanks.
As of December 31, 2024, the Company employed 234 people in different locations.
Desco Infratech - Promoter(s)
Pre Issue Share Holding: 79.29%
Post Issue Share Holding: 58.12%
Company Promoter(s)
- Ms. Indiraben Pruthubhai Desai
- Mr. Pankaj Pruthu Desai
- Ms Hina Pankaj Desai
- Mr. Malhar P Desai
- Mr Samarth Pankaj Desai
Desco Infratech IPO - Issue Objectives
- Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat.
- Funding of capital expenditure requirements towards purchase of machineries.
- Funding Working Capital Requirements of the Company.
- General Corporate Purposes.
Other Details
Company Contact Details
Desco Infratech
A-703, Swastik Universal, Next to Valentine Theatre, Dumas Road, Umra, Surat, Gujarat- 395007Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Desco Infratech IPO - FAQs
Ans. Desco Infratech Limited IPO is a SME IPO. The issue is priced at ₹147-150 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Mar 24, 2025, and closes on Mar 26, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Desco Infratech Limited IPO opens on Mar 24, 2025 and closes on Mar 26, 2025.
Ans. The size of Desco Infratech Limited IPO is 20,50,000 shares(aggregating up to ₹30.75 Cr).
Ans. The IPO price band is set between ₹147-150 per equity share.
Ans. To apply for Desco Infratech Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Desco Infratech Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Desco Infratech Limited IPO is Mar 27, 2025.
Ans. The Desco Infratech Limited IPO will be listed on Apr 1, 2025.
Ans. Follow the steps to check the allotment status for Desco Infratech Limited IPO here.
