Desco Infratech IPO
March 24, 2025 - March 26, 2025
Listed At : 160 (6.67 %)
*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Desco Infratech IPO Details
March 24, 2025
Open Date
March 26, 2025
Close Date
March 27, 2025
Allotment Date
April 1, 2025
Listing Date
Per Lot Price
150000
Price Range
147-150 Rs
Total Issue Size
30.75 Cr
Fresh Issue Size
30.75 Cr
Face Value
10
Listing at Group
BSE
Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Lead Manager
Smart Horizon Capital Advisors Private Limited
Offer For Sale
NIL
Subscription
83.75
About Company
Desco Infratech is engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.
The Company engaged in activities such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial users.
They have successfully executed and are currently executing projects across various states of Gujarat, Haryana, Uttar Pradesh and Punjab.
They have successfully collaborated with the Public Health Engineering Department (PHED) on the Jal-Jeevan Mission project, involving the supply, installation, laying, and commissioning of HDPE pipes, as well as the construction of overhead tanks and open wells in Jhabua, Madhya Pradesh
Desco Infratech IPO GMP Live
31-04-2025: The Desco Infratech IPO GMP Today is rupees 5.5. That means the current market trend for this IPO is negative, and the expected listing gain is 3.67%.
29-03-2025: The Desco Infratech IPO GMP Today is rupees 7. That means the current market trend for this IPO is positive, and the expected listing gain is 4.67%.
28-03-2025: The Desco Infratech IPO GMP Today is rupees 5. That means the current market trend for this IPO is negative, and the expected listing gain is 3.33%.
27-03-2025: The Desco Infratech IPO GMP Today is rupees 12. That means the current market trend for this IPO is negative, and the expected listing gain is 8%.
26-03-2025: The Desco Infratech IPO GMP Today is rupees 18. That means the current market trend for this IPO is steady, and the expected listing gain is 12%.
25-03-2025: Desco Infratech IPO GMP Today is currently rupees 18. That means the current market trend for this IPO is showing up 12%. This is subject to change at times. Keep watch on the Desco Infratech IPO GMP.
Promoter Details
Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthu Desai, Ms Hina Pankaj Desai, Mr. Malhar P Desai and Mr Samarth Pankaj Desai are the Promoters of the company.
Market Lot Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,50,000 |
| Retail (Max) | 1 | 1000 | ₹1,50,000 |
| HNI | 2 | 2000 | ₹3,00,000 |
Quota Details
| Category | Percentage (%) |
|---|---|
| QIB | 50% |
| HNI | 15% |
| Retail | 35% |
Company Financials
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Sep-24 | 36.12 | 22.75 | 3.38 |
| 31-Mar-24 | 23.8 | 29.49 | 3.46 |
| 31-Mar-23 | 20.65 | 29.28 | 1.23 |
Important Dates Timetable
| Open Date | March 24, 2025 |
| Close Date | March 26, 2025 |
| Allotment Date | March 27, 2025 |
| Initiation of Refunds | March 28, 2025 |
| Credit of Shares to Demat | March 28, 2025 |
| Listing Date | April 1, 2025 |
Objects Of The Issue
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.
Company Contact Details
Desco Infratech Limited
A-703, Swastik Universal,
Next to Valentine Theatre, Dumas Road,
Umra,
Phone: +91 7574 999 09
Email: [email protected]
Website: https://www.descoinfra.co.in/
Registrar Details
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali CavesRoad, Andheri East,
Mumbai – 400 093, Maharashtra, India
Tel: 022 – 6263 8200
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.bigshareonline.com
Contact Person: Mr. Babu Rapheal C.
SEBI Registration No.: INR000001385
Manager Details
Smart Horizon Capital Advisors Private Limited
(Formerly known as Shreni Capital Advisors Private Limited)
B/908, Western Edge II, Kanakia Space, Behind Metro Mall,
Off Western Express Highway, Magathane, Borivali East,
Mumbai – 400066, Maharashtra, India.
Telephone: 022-2870682
E-mail: [email protected]
Investors Grievance e-mail: [email protected]
Contact Person: Mr. Parth Shah
Website: www.shcapl.com
SEBI Registration Number: INM000013183