Desco Infratech
BSE SME₹150,000 / 1000 Shares
IPO Live Subscription Details (times)
IPO Details
Desco Infratech IPO is priced between ₹147-150 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE SME, and Bigshare Services Pvt Ltd is managing the issue as the registrar.
The IPO bidding period opened on 24 Mar, 2025, and closed on 26 Mar, 2025. The allotment results will be announced on 27 Mar, 2025, with a tentative listing date set for 1 Apr, 2025.
The total issue comprises 20,50,000 shares, amounting to ₹30.75 Cr.
Desco Infratech IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Mar 24, 2025 - Mar 26, 2025 | 1 Apr, 2025 | ₹10 Per Equity Share | ₹147-150 per equity share | - | Shares | - | BSE SME |
Desco Infratech IPO Timeline
Issue Price
₹147-150 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdMarket Lot
1000 Shares (₹150,000/-)Lead Manager
Smart Horizon Capital Advisors Private LimitedIssue Size
20,50,000 shares(aggregating up to ₹30.75 Cr)Retail Portion
35%Subscription
83.75 timesDesco Infratech IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 24 | 36.12 | 22.75 | 3.38 | 22.67 | 17.04 | 6.82 |
| 31 Mar 24 | 23.8 | 29.49 | 3.46 | 11.99 | 11.72 | 4.06 |
| 31 Mar 23 | 20.65 | 29.28 | 1.23 | 5.04 | 4.79 | 5.81 |
| 31 Mar 22 | 11.73 | 19.92 | 0.83 | 3.85 | 3.6 | 3.09 |
All values are in ₹ Cr.
Desco Infratech IPO Valuations
EPS PRE IPO ₹6.15/- | EPS POST IPO ₹8.81/- | PE PRE IPO 24.4 | PE POST IPO 17.03 | ROE 40.61% |
ROCE 75.97% | DEBT EQUITY 0.34 | RONW 28.83% | PAT MARGIN 11.76 | PRICE TO BOOK VALUE 6.22 |
About Company
Founded in January 2011, Desco Infratech Limited is an infrastructure firm dealing in Engineering, Planning, & Construction, specifically in City Gas Distribution, Renewable Energy, Water, and Power segments.
The company deals in multiple sectors such as City Gas Distribution, Renewable Energy, Water, and Power.The firm deals in key infrastructure projects such as city gas distribution (CGD), power transmission, water supply systems, and renewable energy solutions.
The company is a pioneer in pipeline development and construction of roads, bridges, and other infrastructure, with a strong thrust in City Gas Distribution (CGD), renewable power, water, and power infrastructure.The company has diversified its business across more than 55 cities spread over 14 states, installing more than 4,000 kilometres of Medium-Density Polyethylene (MDPE) pipeline and providing more than 200,000 piped natural gas connections to residential, industrial, and commercial customers.
The company provides infrastructure services such as designing and building water distribution systems, open wells, sump wells, and overhead tanks.
As of December 31, 2024, the Company employed 234 people in different locations.
Desco Infratech IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,86,000 / 2,94,000 | 6,86,000 | 13,66,000 |
| Day 1 - 24-03-25 06:00 PM | 0.98 / 3.45 x | 2.81 x | 2.43 x |
| Day 2 - 25-03-25 06:00 PM | 0.98 / 12.67 x | 9.33 x | 7.69 x |
| Day 3 - 26-03-25 06:00 PM | 28.76 / 233.26 x | 50.62 x | 83.75 x |
Desco Infratech IPO - Issue Objectives
- 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
A-703, Swastik Universal, Next to Valentine Theatre, Dumas Road, Umra, Surat, Gujarat- 395007Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com