IPO - Check IPO Date, Price, Lot Size

Desco Infratech Ltd IPO

The Company is mainly engaged in providing infrastructure and maintenance services to city gas distribution divisions in India. It engages in activities such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial users and in its operation and maintenance services. The Company has recently begun offering services in the power distribution projects relating to connectivity, commissioning, and erection of Low Tension (LT) and High Tension (HT) cables, in water distribution projects by offering by designing and constructing water distribution networks, open wells, sump wells, overhead tanks, and well systems and in the renewable energy sector by providing erection of reinforced concrete (RCC) piles for foundational and structural support, along with the installation of structures and solar modules for energy capture.

Desco Infratech Ltd IPO Details

Total Shares Offered

₹ 20,50,000

Offer to Public

TBA

Retail Max (Shares)

₹ 6,86,000

Pre Issue Promoters Holding

₹ 44,61,000

Exchange

BSE

Issue size

₹ 30.75 Cr

IPO Open Date

Mar 24, 2025

Close Date

Mar 26, 2025

Lot Size

1000

Min Investment

₹ 1,47,000

Issue Type

Book Building - SME

Listing Date

Apr 1, 2025

Desco Infratech Ltd IPO Dates

Mar 24, 2025

Opening date

Mar 26, 2025

Closing date

Mar 27, 2025

Basis of Allotment

Mar 28, 2025

Initiation of Refunds

Mar 28, 2025

Credit of Shares

Apr 1, 2025

Listing date

Details

Sector	Type
Sector	Construction
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	11.53x	963000	11100000
NII	233.62x	294000	68685000
Retail	50.62x	686000	34728000
Employee	0x	0	0
Total	55.86x	2050000	114513000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

11.53x

233.62x

50.62x

55.86x

963000

294000

686000

2050000

11100000

68685000

34728000

114513000

Desco Infratech Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	12.31	4.92	1.89
EBITDA	12.53	5.08	2.04
PAT	9.06	3.32	1.23
Total Assets	78.91	21.19	18.77
Share Capital	7.68	0.28	0.25
Total Borrowings	39.76	8.30	6.91
Operating Activities (Net Cash)	9.28	3.48	1.38
Investing Activities (Net Cash)	-0.01	0.00	0.00
Financing Activities (Net Cash)	39.76	8.30	6.91
Net Cashflow	31.17	0.35	0.17

About Desco Infratech Ltd

Desco Infratech Limited was originally incorporated under the name Desco Infratech Private Limited under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated January 19, 2011, issued by the Registrar of Companies Gujarat. Subsequently, the status of the Company was changed to public limited and the name of the Company was changed to Desco Infratech Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of the Company held on June 01, 2024. The fresh certificate of incorporation consequent to conversion was issued on July 26, 2024, by Centralised Processing Centre. The Corporate Identification Number of the Company is U45201GJ2011PLC063710.

The infrastructure sector is a key driver of the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from the Government for initiating policies that would ensure the time-bound creation of world-class infrastructure in the country. The infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development. In other words, the infrastructure sector acts as a catalyst for India's economic growth as it drives the growth of the allied sectors like townships, housing, built-up infrastructure, and construction development projects.

Peer Comparison:

Rudra Gas Enterprise Ltd
Likhitha Infrastructure Ltd

Desco Infratech Ltd Key Points

Strengths

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.

Risk

The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.

If the company fails to qualify for, or win new work orders from its clients, the company business, financial condition, results of operations, prospects and cash flows could be adversely affected.

The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.

Strategy

Expanding service portfolio.

Expanding Operation & Management Services.

Enhancing Working Capital Management.

Continuing Client Relationship Development and Expansion.

Enhancing Operational Performance.

How To Apply for Desco Infratech Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Desco Infratech Ltd IPO?

Desco Infratech Ltd's IPO offers shares for up to 30.75 It begins on Mar 24, 2025 and ends on Mar 26, 2025.

What is the price of the Desco Infratech Ltd IPO?

The price of Desco Infratech Ltd IPO ranges between ₹147 to ₹150 per share.

What are the open and close dates for the Desco Infratech Ltd IPO?

The Desco Infratech Ltd IPO opens on Mar 24, 2025 and closes on Mar 26, 2025.

When will the Desco Infratech Ltd IPO be allotted?

The allotment for the Desco Infratech Ltd IPO will be finalised on Mar 27, 2025. The shares will be listed on BSE and NSE on Apr 1, 2025.

What is the minimum lot size required for Desco Infratech Ltd IPO?

The minimum lot size for Desco Infratech Ltd IPO is 1000 shares, priced between ₹147 to ₹150 per share.

What is the GMP of Desco Infratech Ltd IPO?

The GMP (Grey Market Premium) of Desco Infratech Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Desco Infratech Ltd IPO?

To check the allotment status of Desco Infratech Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Desco Infratech Ltd IPO getting listed?

The Desco Infratech Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Mar 24, 2025, and closes on Mar 26, 2025. The allotment is finalised on Mar 27, 2025.

How do you apply for the Desco Infratech Ltd IPO?

To apply for the Desco Infratech Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.