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