Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,50,000 | 1 | 1000 |
About Desco Infratech Limited IPO
Desco Infratech Limited, incorporated in January 2011, is a leading infrastructure company specializing in Engineering, Planning, and Construction across City Gas Distribution (CGD), Renewable Energy, Water, and Power sectors. The company excels in developing critical infrastructure, including pipelines, roads, bridges, water distribution networks, open wells, and overhead tanks, while operating in over 55 cities across 14 states, laying 4,000+ km of MDPE pipelines and providing over 200,000 piped natural gas connections to residential, industrial, and commercial clients.
With 234 employees as of December 31, 2024, Desco Infratech boasts competitive strengths like extensive experience in CGD and maintenance, a skilled management team, direct supplier relationships, and strict adherence to safety and compliance standards through robust SOPs. This ensures operational excellence and reliability in delivering infrastructure solutions across diverse sectors.
Desco Infratech Limited IPO Details
| IPO Date | March 24, 2025 to March 26, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹147 to ₹150 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 20,50,000 shares (aggregating up to ₹30.75 Cr) |
| Fresh Issue | 20,50,000 shares (aggregating up to ₹30.75 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 56,26,008 shares |
| Share Holding Post Issue | 76,76,008 shares |
| Market Maker Portion | 1,07,000 shares |
| IPO Open Date | Mon, Mar 24, 2025 |
| IPO Close Date | Wed, Mar 26, 2025 |
| Tentative Allotment | Thu, Mar 27, 2025 |
| Initiation of Refunds | Fri, Mar 28, 2025 |
| Credit of Shares to Demat | Fri, Mar 28, 2025 |
| Tentative Listing Date | Tue, Apr 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 26, 2025 |
Desco Infratech Limited IPO Prospectus
Desco Infratech Limited Financial Snapshot (in Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 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 |
| Net Worth | 22.67 | 11.99 | 5.04 | 3.85 |
| Reserves and Surplus | 17.04 | 11.72 | 4.79 | 3.6 |
| Total Borrowing | 6.82 | 4.06 | 5.81 | 3.09 |
Desco Infratech Limited Promoters Holding
Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthu Desai, Ms Hina Pankaj Desai, Mr. Malhar P Desai and Mr Samarth Pankaj Desai
Desco Infratech Limited IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: jibu@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Desco Infratech Limited IPO Lead Manager(s)
Smart Horizon Capital Advisors Private Limited
Desco Infratech Limited 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/
