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.

Open Demat Account

50years

Desco Infratech Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 20.5 LTBA₹ 6.86 L₹ 44.61 LBSE₹ 30.75 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
24 Mar, 2526 Mar, 251000 ₹ 1,47,000 Book Building - SME01 Apr, 25

Desco Infratech Ltd IPO Dates

  • 24 Mar 2025

    Opening date

  • 26 Mar 2025

    Closing date

  • 27 Mar 2025

    Basis of
    Allotment

  • 28 Mar 2025

    Initiation of
    Refunds

  • 28 Mar 2025

    Credit of
    Shares

  • 01 Apr 2025

    Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB11.53x96300011100000
NII233.62x29400068685000
Retail50.62x68600034728000
Employee0x00
Total55.86x2050000114513000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Desco Infratech Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations5.141.891.34
EBITDA5.302.041.48
PAT3.461.230.83
Total Assets21.0718.7710.43
Share Capital0.280.250.25
Total Borrowings7.996.914.30
Operating Activities (Net Cash)3.621.380.97
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)7.996.914.30
Net Cashflow0.350.170.19

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

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.

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.

Peer Comparison:

  • Rudra Gas Enterprise Ltd
  • Likhitha Infrastructure Ltd

Desco Infratech Ltd IPO 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.
  • 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.

How To Apply for Desco Infratech Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

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.

Get your FAQs right

Desco Infratech Ltd's IPO offers shares for up to ₹ 0 L It begins on Mar 24, 2025 and ends on Mar 26, 2025.

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

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

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.

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

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

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.'

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.

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.