Desco Infratech Limited IPO Details
SME
Desco Infratech IPO opens for subscription on 24 Mar 2025 and closes on 26 Mar 2025. The IPO will be listed on BSE with the tentative listing date set for 01 Apr 2025.
Desco Infratech IPO price band has been fixed at ₹147 – ₹150 per share.The face value is ₹10 per share with a lot size of 1000.
Desco Infratech IPO total issue size comprises 20,50,000 shares (aggregating up to ₹30.75 Cr). This includes a fresh issue of 20,50,000 shares (aggregating up to ₹30.75 Cr). Pre-issue shareholding stands at 56,26,008, which will increase to 76,76,008 post-issue.
Desco Infratech IPO Lot Size : Retain Minimum is 1 lot (1,000 shares) amounting to ₹150,000. Retain Maximum is 1 lot (1,000 shares) amounting to ₹150,000. SHNI Minimum is 2 lots (2,000 shares) amounting to ₹300,000.
The Lead Managers for Desco Infratech IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Smart Horizon Capital Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Rikhav Securities. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Desco Infratech Limited RHP.
Desco Infratech IPO Details
Desco Infratech IPO Subscription
Desco Infratech IPO Application Wise Breakup
Desco Infratech IPO Dates
- 24 Mar 2025Opening dateOPD
- 26 Mar 2025Closing dateCOD
- 27 Mar 2025Allotment Date BOA
- 28 Mar 2025Initiation of RefundsIOR
- 28 Mar 2025Credit of SharesCOS
- 01 Apr 2025Listing dateLID
Desco Infratech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1000 | ₹150,000 |
| Retain Maximum | 1 | 1000 | ₹150,000 |
| SHNI Minimum | 2 | 2000 | ₹300,000 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
Desco Infratech IPO Reservation
Promoter Holding
Desco Infratech IPO Valuations
Desco Infratech Financial Information
| 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 |
| Amount in ₹ Crore | ||||
About Desco Infratech IPO
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.
Strength Of Desco Infratech IPO
1. Our expertise in city gas distribution sector and providing operations and maintenance services.
2. Direct Relationship with Suppliers.
3. Experienced promoters and management team.
4. Standard Operating Procedures.
5. Adherence to Safety and Compliance Standards.
Risk Of Desco Infratech IPO
1. We have certain outstanding litigation against us, an adverse outcome of which may adversely affect our business, reputation and results of operations.
2. If we fail to qualify for, or win new work orders from our clients, our business, financial condition, results of operations, prospects and cash flows could be adversely affected.
3. We are highly dependent on certain key customers for a substantial portion of our revenues. Loss of relationship with any of these customers may have a material adverse effect on our profitability and results of operations.
4. Our revenues from projects are difficult to predict and are subject to seasonal variations.
5. Our Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact our growth and business.
6. We generate our major portion of sales from our operations in certain geographical regions especially, Gujarat, Haryana, Uttar Pradesh and Punjab. Any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.
7. Our Company has entered into related party transactions in the past and may continue to enter into related party transactions in the future, which may potentially involve conflicts of interest with the equity shareholders.
8. The Company is yet to place orders for 100% of the purchase of machineries, as specified in the Objects of the Issue. Any delay in placing orders, procurement of the same may delay our implementation schedule and may also lead to increase in price of these machineries, further affecting our revenue and profitability.
9. There are certain discrepancies and non-compliances noticed in some of our financial reporting and/or records relating to filing of returns and deposit of statutory dues with the taxation and other statutory authorities.
10. Majority of our Revenue from operation is derived from our city gas distribution network projects and Operations and maintenance services. Any disruption in the continuous operations of our services would have a material adverse effect on our business, results of operations and financial.
Objectives Desco Infratech IPO
1. Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat.
2. Funding of capital expenditure requirements towards purchase of machineries.
3. Funding Working Capital Requirements of the Company.
4. General Corporate Purposes.
Company Contact Details
Desco Infratech Limited
A-703, Swastik Universal,
Next to Valentine Theatre, Dumas Road,
Umra, Surat, Gujarat- 395007 India.
Phone: +91 7574 999 09
Email: investors@descoinfra.co.in
Website: https://www.descoinfra.co.in/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
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