Desco Infratech Ltd
Price Range
₹147 - ₹150
-
Min. Quantity
1,000 Shares
Closes on
26 March 2025
-
Min. investment
₹1,50,000
Desco Infratech Ltd IPO Timeline
Desco Infratech Limited was originally incorporated on January 19, 2011 under the name 'Desco Infratech Private Limited' with the Registrar of Companies, Gujarat. Subsequently, the status changed to Public Company, the name of the Company was changed to 'Desco Infratech Limited' and a fresh Certificate of Incorporation upon the conversion was issued on July 26, 2024 by Central Processing Centre.
| Event | Date |
|---|---|
| Desco Infratech Ltd IPO Opening Date | 24 March 2025 |
| Desco Infratech Ltd IPO Closing Date | 26 March 2025 |
| Basis of Allotment | 27 March 2025 |
| Initiation of Refunds | 28 March 2025 |
| Credit of Shares to Demat | 28 March 2025 |
| Desco Infratech Ltd IPO Listing Date | 1 April 2025 |
Desco Infratech Ltd IPO Details
| Desco Infratech Ltd IPO Date | 24 March 2025 to 26 March 2025 |
| Desco Infratech Ltd IPO Face Value | ₹10 per share |
| Desco Infratech Ltd IPO Price | ₹147 to ₹150 per share |
| Desco Infratech Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹30.75 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹30.75 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 3,86,000 of the Net Offer |
| Retail Shares Offered | Not less than 6,86,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 2,94,000 of the Net Offer |
| Company Promoters | Indiraben Pruthubhai Desai, Pankaj Pruthu Desai, Hina Pankaj Desai |
Desco Infratech Ltd IPO Lot Size
The Desco Infratech Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,50,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,50,000 |
| Maximum | 1 | 1,000 | ₹1,50,000 |
- Strengths
- Risks
- Opportunities
- Its expertise in city gas distribution sector and providing operations and maintenance services.
- Direct Relationship with Suppliers.
- Experienced promoters and management team.
- Standard Operating Procedures.
- Adherence to Safety and Compliance Standards.
Company Financials
Desco Infratech Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 23.8 | 29.49 | 3.46 |
| 03-2023 | 20.65 | 29.28 | 1.23 |
| 03-2022 | 11.73 | 19.92 | 0.83 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure requirements towards setting up of corporate office in
- Funding of capital expenditure requirements towards purchase of machineries
- Funding working capital requirements of the company
- General corporate purposes
Desco Infratech Ltd IPO Promoter Holding
| Pre Issue Share Holding | 42.35% |
| Post Issue Share Holding | 31.04% |
Desco Infratech Ltd IPO Subscription Status (Bidding Detail)
The Desco Infratech Ltd IPO is subscribed 55.86 times on 26 March 2025 05:00:00 PM. The public issue subscribed 50.6239 times in the retail category, 28.7565 times in the QIB category, and 233.6225 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 28.7565 | 233.6225 | 50.6239 | - | 55.86 |
Desco Infratech Ltd IPO Prospectus
Desco Infratech Ltd IPO Listing Date
| BSE Script | 544387 |
| NSE Symbol | - |
| Listing In | BSE - SME |
| ISIN | INE0TGG01014 |
| IPO Price | ₹150 |
| Face Value | ₹10 |
Company Contact Information
A-703 Swastik Universal Next 2Valentine Theatre Dumas Rd Umr,Surat-395007
Phone: +91 7574 999 097
Email: investors@descoinfra.co.in
Website: www.descoinfra.co.in
Desco Infratech Ltd IPO Registrar
Desco Infratech Ltd IPO Lead Manager(s)
- Smart Horizon Capital Advisors Pvt Ltd
FAQ
What is the issue size of Desco Infratech Ltd IPO?
I have pre-applied for Desco Infratech Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.