Desco Infratech IPO will open on 24 March 2025 and close on 26 March 2025, with the allotment finalized on 27 March 2025. The IPO is set to be listed on the BSE platforms on 01 April 2025. Desco Infratech IPO is a book built issue of ₹30.75 crores. The issue is entirely a fresh issue of 20.50 lakh shares. The IPO price is set at ₹147 to ₹150 Per Share, with a minimum lot size of 1,000 shares, requiring a minimum investment of ₹1,50,000 for retail investors.
Desco Infratech Ltd. company reported revenue of ₹29.49 crores in 2024 against ₹29.28 crore in 2023. The company reported profit of ₹3.46 crores in 2024 against Profit of ₹1.23 crores in 2023.
Desco Infratech IPO Details
| IPO Date | 24 March 2025 |
| Listing Date | 01 April 2025 |
| IPO Price | ₹147 to ₹150 Per Share |
| IPO Lot Size | 1,000 |
| Face Value | ₹10 Per Equity Share |
| Issue Type | Book Built Issue |
| IPO Listing At | BSE SME |
| Issue Size | 20,50,000 shares |
| Issue Size (Amount) | Approx ₹30.75 Crores |
| Fresh Issue | 20,50,000 shares |
| Fresh Issue (Amount) | Approx ₹30.75 Crores |
| IPO Docs | 🔗DRHP 🔗RHP |
Desco Infratech IPO Market Lot
The Desco Infratech IPO has a minimum market lot of 1,000 shares, requiring an application amount of ₹1,50,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,000 | ₹1,50,000 |
| Retail Maximum | 1 | 1,000 | ₹1,50,000 |
| S-HNI Minimum | 2 | 2,000 | ₹3,00,000 |
Desco Infratech IPO Dates
The Desco Infratech IPO will open on 24 March 2025 and close on 26 March 2025, with allotment finalization on 27 March 2025 and listing on 01 April 2025.
| IPO Open Date | 24 March 2025 |
| IPO Close Date | 26 March 2025 |
| Allotment finalization | 27 March 2025 |
| Refund initiation | 28 March 2025 |
| Share credit | 28 March 2025 |
| IPO Listing Date | 01 April 2025 |
Desco Infratech IPO Allotment Status
Desco Infratech IPO allotment status is expected to be finalized on 27 March 2025. The listing will be on the BSE platforms on 01 April 2025. They can check the allotment online on the Bigshare Services Pvt Ltd website.
Check the live allotment status of all upcoming and closed IPOs on the IPO allotment status Dashboard.
Desco Infratech IPO Listing Date
Desco Infratech IPO listing date is 01 April 2025. Listing will be on the BSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
Desco Infratech IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
About Desco Infratech Limited Company
Desco Infratech is a key player in infrastructure development and maintenance for city gas distribution networks in India. The company specializes in pipeline laying, installation, and commissioning of Piped Natural Gas (PNG) systems for domestic and commercial consumers. It also provides comprehensive Operation and Maintenance (O&M) services for underground and above-ground gas pipelines.
Expanding its reach, Desco Infratech has ventured into the power sector, offering installation and commissioning of Low Tension (LT) and High Tension (HT) cables. In April 2023, it secured its first cable and termination order for traffic signals in Surat. The company has also entered the water infrastructure sector, managing distribution networks, wells, and overhead tanks. Currently, the company established a presence across 14 states and 45+ cities in India. As of 31 December 2024, it employed 234 personnel across multiple locations.
Desco Infratech IPO Financial Report
Desco Infratech Ltd. reported a revenue of ₹29.49 crores in 2024, compared to ₹29.28 crores in 2023, while its profit increased to ₹3.46 crores in 2024 from ₹1.23 crores in 2023. (Amount ₹ in Crores)
| Period Ended | Sep 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| 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 |
Key Performance Indicators for Desco Infratech
As of March 31, 2024, Check Desco Infratech IPO valuations detail like ROE, RoCE, RoNW, PAT Margin and NAV details.
| KPI | Values |
|---|---|
| ROE (%) | 40.61% |
| ROCE (%) | 75.97% |
| RoNW (%) | 28.83% |
| PAT Margin | 11.76% |
| EBITDA | 18.91% |
| Debt/Equity | 0.34 |
Desco Infratech Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Funding of capital expenditure requirements of the company
- Funding Working Capital Requirements of the company
- General corporate purposes
Promoters of Desco Infratech IPO
The promoters of the Desco Infratech company are Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthu Desai, Ms Hina Pankaj Desai, Mr. Malhar P Desai and Mr Samarth Pankaj Desai.
Desco Infratech IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Desco Infratech Contact Details
Desco Infratech Limited
A-703, Swastik Universal,
Next to Valentine Theatre, Dumas Road,
Umra,
Phone: +91 7574 999 09
Email: investors@descoinfra.co.in
Website: https://www.descoinfra.co.in/
Desco Infratech IPO Lead Manager
Smart Horizon Capital Advisors Private Limited
Desco Infratech IPO FAQs
What is the allotment date of the Desco Infratech IPO?
Desco Infratech IPO allotment date is 26 March 2025.
What is Desco Infratech IPO Lot Size?
The minimum bid is 1,000 Shares with ₹1,50,000 amount.
What is the Desco Infratech IPO Listing Date?
Desco Infratech IPO listing date is 01 April 2025. The IPO is to list on BSE.
Disclaimer: The facts contained herein are for general information only and are not a recommendation to invest in any IPO or any investment opportunity. We take all reasonable care to ensure facts are accurate, but the information is based on publicly available information, research, and credible sources. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
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