IPO

Desco Infratech Ltd. IPO

Min Investment
₹ 1,50,000 / 1000 shares
Price Range
₹147 - ₹ 150
Bidding Dates
24 Mar '25 - 26 Mar '25
Total Issue Value
30.75 Cr
Lot Size
1,000
Total Issue Size
30.75 Cr
Listing At
BSE SME
Subscription
78.04 times
BSE Price
192.25 (28.17%)

IPO Timeline

  • 24 Mar 2025
    Bidding Starts
  • 26 Mar 2025
    Bidding Ends
  • 27 Mar 2025
    Allotment Finalization
  • 1 Apr 2025
    Listing

About Desco Infratech Ltd.

Our Company is mainly engaged in providing infrastructure and maintenance services to city gas distribution divisions in India. We engage in activities such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial ... Read more

Parent organisation
Founded
Desco Infratech Ltd.
2011

Desco Infratech Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 5,77,000 (28.15%)
Market Makers 1,07,000 (5.22%)
Non Institutional Investors 2,94,000 (14.34%)
Qualified Institutional Buyers (QIBs) 3,86,000 (18.83%)
Retail Individual Investors (RIIs) 6,86,000 (33.46%)

Desco Infratech Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 59.61 Cr 9.06 Cr 51.20 Cr
31 Mar 2024 29.49 Cr 3.46 Cr 11.72 Cr
31 Mar 2023 29.28 Cr 1.23 Cr 4.79 Cr

Desco Infratech Ltd. Background

Major Events And Milestones
  • 2011
    Incorporation of our Company under the name “Desco Infratech Private Limited”
  • 2021
    Got awarded from Adani Total Gas Limited for showcasing the highest level of HSE compliance and being a privileged winner of orange cap.
  • 2022
    Got awarded from Adani Total Gas Limited for showcasing the highest level of HSE compliance and being a privileged winner of orange cap.
  • 2023
    Got awarded by Industry Outlook Magazine as ‘One of the Top 10 Service Providers for Oil and Gas Industry’.
    Got awarded by “The Economic Times” in the ‘Energy Leadership Award’ as Company of the year for City Gas Distribution.
  • 2024
    Got the certificate of nomination from India’s 5,000 Best MSME Awards for quality excellence.
    Conversion of our Company from Private Limited to Public Limited Company in the name and style of “Desco Infratech Limited”.
Desco Infratech Ltd. Object of Issues

1. Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat
2. Funding of capital expenditure requirements towards purchase of machineries
3. Funding Working Capital Requirements of our Company
4. General corporate purposes

Desco Infratech Ltd. IPO Listing Details
Listing Date
1 Apr 2025
BSE Script Code
544387
ISIN
INE0TGG01014
Final Issue Price
₹ 150
Desco Infratech Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 150.00 -
Open ₹ 160.00 -
Low ₹ 160.00 -
High ₹ 168.00 -
Last Trade ₹ 168.00 -
Desco Infratech Ltd. Company Promoters

1. Ms. Indiraben Pruthubhai Desai
2. Mr. Pankaj Pruthu Desai
3. Ms. Hina Pankaj Desai
4. Mr. Malhar P Desai
5. Mr. Samarth Pankaj Desai

Industry Overview

The infrastructure sector is a key driver of the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from the Government for initiating policies that would ensure the time-bound creation of world-class infrastructure in the ... Read more

Desco Infratech Ltd. Contact Details
Address: A-703, Swastik Universal, Next to Valentine Theatre, Dumas Road, Umra, Surat Gujarat - 395007
Phone no:7574999097
7574999097
|
Desco Infratech Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Desco Infratech Ltd. IPO Lead Manager(s)
Smart Horizon Capital Advisors Pvt. Ltd.
B/908, Western Edge II, Kanakia Space, Behind Metro Mall, Off Western Express Highway, Magathane, Borivali East, Mumbai Maharashtra - 400066
28706822

FAQs

When does Desco Infratech Ltd. IPO opens and closes?

Desco Infratech Ltd. IPO opens from 24th March to 26th March 2025.

What is the size of Desco Infratech Ltd. IPO?

The size of the Desco Infratech Ltd. IPO is ₹30.75 Cr.

What is the price range of Desco Infratech Ltd. IPO?

The price range of Desco Infratech Ltd. IPO is at ₹147 to ₹150 per share.

What is the minimum investment and lot size required for the Desco Infratech Ltd. IPO?

The minimum investment required is ₹1,50,000 and minimum lot size is 1000 shares.

When is Desco Infratech Ltd. IPO listing date?

The Desco Infratech Ltd. IPO will be listed on 1st April 2025.

What is the objective of Desco Infratech Ltd. IPO?

1. Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat
2. Funding of capital expenditure requirements towards purchase of machineries
3. Funding Working Capital Requirements of our Company
4. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+