Desco Infratech IPO Details
| IPO Open Date: | March 24, 2025 |
| IPO Close Date: | March 26, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹147 to ₹150 Per Share |
| Issue Size: | Approx ₹30.75 Crores |
| Fresh Issue: | Approx ₹30.75 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Desco Infratech IPO Market Lot
The Desco Infratech IPO minimum market lot is 1000 shares with ₹1,50,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹1,50,000 |
| Retail Maximum | 1 | 1000 | ₹1,50,000 |
| S-HNI Minimum | 2 | 2000 | ₹3,00,000 |
Desco Infratech IPO Dates
The Desco Infratech IPO date is March 24 and the close date is March 26. The Desco Infratech IPO allotment will be finalized on March 27 and the IPO listing on April 1.
| IPO Open Date: | March 24, 2025 |
| IPO Close Date: | March 26, 2025 |
| Basis of Allotment: | March 27, 2025 |
| Refunds: | March 28, 2025 |
| Credit to Demat Account: | March 28, 2025 |
| IPO Listing Date: | April 1, 2025 |
Promoters of Desco Infratech IPO
The promoters of the company are Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthu Desai, Ms Hina Pankaj Desai, Mr. Malhar P Desai and Mr Samarth Pankaj Desai.
About Desco Infratech IPO
One of the prominent companies specializing in offering infrastructure and maintenance services to city gas distribution divisions in India, Desco Infratech Limited incorporated in January 2011 is involved in activities like pipeline laying, installation, testing, erection, and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial users. To prevent any gas losses or potential accidents from the leaks, they make sure to do proper lock pressure and leak detection tests on MDPE pipelines. The company’s O&M operations and maintenance services involve both underground and above-ground gas pipeline work for carbon steel and MDPE pipelines. Additionally, the company also started providing services in the power sector, focusing on installing, connecting, commissioning, and setting up low-tension (LT) and high-tension (HT) cables guaranteeing continuous performance of gas distribution systems. Currently, the company established a presence across 14 states and 45+ cities in India.
Desco Infratech IPO Company Financial Report
The company reported revenue of ₹29.49 crores in 2024 against ₹29.28 crore in 2023. The company reported profit of ₹3.46 crores in 2024 against profit of ₹1.23 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹19.92 | ₹18.71 | ₹0.83 | ₹11.73 |
| 2023 | ₹29.28 | ₹27.54 | ₹1.23 | ₹20.65 |
| 2024 | ₹29.49 | ₹24.52 | ₹3.46 | ₹23.80 |
| September 2024 | ₹22.75 | ₹18.33 | ₹3.38 | ₹36.12 |
Desco Infratech IPO Valuation – FY2024
Check Desco Infratech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 40.61% |
| ROCE: | -% |
| EBITDA Margin: | 18.91% |
| PAT Margin: | 11.76% |
| Debt to equity ratio: | 0.34 |
| Earning Per Share (EPS): | ₹6.95 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 28.83% |
| Net Asset Value (NAV): | ₹24.10 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Rudra Gas Enterprise Limited | 7.44 | 10.17 | 18.01% | 31.49 | – Cr. |
| Likhita Infrastructure Limited | 16.74 | 15.72 | 21.29% | 78.62 | – Cr. |
Objects of the Issue
- Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat.
- Funding of capital expenditure requirements towards purchase of machineries.
- Funding Working Capital Requirements of the Company.
- General corporate purposes.
Desco Infratech IPO Review
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Desco Infratech IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Smart Horizon Capital Advisors Private Limited
Company Address
Desco Infratech Limited
A-703, Swastik Universal,
Next to Valentine Theatre, Dumas Road,
Umra,
Phone: +91 7574 999 09
Email: investors@descoinfra.co.in
Website: https://www.descoinfra.co.in/
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Note: The Desco Infratech IPO price band and date are officially announced. The (Desco Infratech IPO grey market premium) will be added to the IPO GMP page as it will start).
