loader
Desco Infratech Limited SME IPO
Issue Size (Net)
up to Rs.30.75 Cr
Price Band
Rs.147 to Rs.150 per share
Issue Opens
March 24, 2025
Issue Closes
March 26, 2025

Company Highlights

1.Company Information

Incorporated in January 2011, Desco Infratech Limited is an infrastructure company focused on Engineering, Planning, & Construction, particularly in City Gas Distribution, Renewable Energy, Water, and Power sectors. The company operates across various sectors, including City Gas Distribution, Renewable Energy, Water, and Power. The company specializes in critical infrastructure projects, including city gas distribution (CGD), power transmission, water supply systems, and renewable energy solutions. The company specializes in developing and constructing pipelines, roads, bridges, and other critical structures, focusing strongly on City Gas Distribution (CGD), renewable energy, water management, and power infrastructure. The company has expanded its operations across over 55 cities in 14 states, laying over 4,000 kilometres of Medium-Density Polyethylene (MDPE) pipelines and delivering over 200,000 piped natural gas connections to residential, industrial, and commercial establishments. The company offers infrastructure services like designing and constructing water distribution networks, open wells, sump wells, and overhead tanks. As of December 31, 2024, the Company had 234 employees across various locations.

2. Strenghts

1) Extensive experience in city gas distribution and maintenance services.
2) Experienced promoters and management team.
3) Direct Relationship with Suppliers.
4) SOPs are vital for city gas distribution contracting services.
5) Adherence to Safety and Compliance Standards.

3. Objects of the Issue

The Company Desco Infratech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. Objects of the Issue Expected Amount (in Millions)
1. Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat 10.43
2. Funding of capital expenditure requirements towards purchase of machineries. 16.8
3. Funding Working Capital Requirements of the Companye. 180
4. General Corporate Purpose

4.Desco Infratech Limited 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 Limited IPO Financials

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Sep-24
36.12
22.75
3.38
22.67
17.04
6.82
31-Mar-24
23.8
29.49
3.46
11.99
11.72
4.06
31-Mar-23
20.65
29.28
1.23
5.04
4.79
5.81
31-Mar-22
11.73
19.92
0.83
3.85
3.6
3.09
Amount in Rs. Crore

Desco Infratech Limited IPO Details

Issue Opening Date
March 24, 2025
Issue Closing Date
March 26, 2025
Face Value
Rs.10 per share
Price
Rs.147 to Rs.150 per share
Lot Size
1000 Shares
Issue Size
20,50,000 shares (aggregating up to Rs.30.75 Cr)
Fresh Issue
20,50,000 shares (aggregating up to Rs.30.75 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME

Desco Infratech Limited IPO Timeline

Event
Tentative Date
Opening Date
Mon, Mar 24, 2025
Closing Date
Wed, Mar 26, 2025
Basis of Allotment
Thu, Mar 27, 2025
Initiation of Refunds
Fri, Mar 28, 2025
Credit of Shares to Demat
Fri, Mar 28, 2025
Listing Date
Tue, Apr 1, 2025
Cut-off time for UPI mandate confirmation
5 PM on March 26, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
Follow Us

SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508


* Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.


© 2022 RR Investors Capital Services Pvt. Ltd | All Rights Reserved.