Desco Infratech IPO is scheduled to open for subscription on March 24, 2025, and will close on March 27, 2025. The company aims to raise ₹30.75 crores through a fresh issue of 20.50 lakh shares in this Book Built Issue. The IPO price band is set between ₹147 to ₹150 per share, with a minimum lot size of 1,000 shares, requiring an investment of ₹1,47,000 for retail investors.
The allotment is expected to be finalized on March 27, 2025, and the IPO is set to list on the BSE SME platform on April 1, 2025. The issue is allocated with 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs).
Financially, Desco Infratech has demonstrated stable growth, with revenue increasing to ₹29.49 crores in 2024 from ₹29.28 crores in 2023, while net profit surged to ₹3.46 crores from ₹1.23 crores in the same period. With its solid financials and strong presence in the infrastructure sector, the IPO presents a compelling opportunity for long-term investors.
Overview of Contents
About Desco Infratech IPO
Desco Infratech Limited, established in January 2011, is a leading infrastructure company specializing in City Gas Distribution, Renewable Energy, Water Management, and Power Transmission. Operating across 55 cities in 14 states, the company has successfully laid over 4,000 kilometers of MDPE pipelines and provided piped natural gas connections to more than 200,000 households, industries, and commercial establishments. Additionally, it has executed large-scale projects in power transmission, water supply systems, and renewable energy, contributing to India’s urban and industrial growth.
With a team of 234 employees, Desco Infratech is recognized for its expertise in engineering, planning, and construction, ensuring high safety and compliance standards in all its projects. The company’s strong relationships with suppliers, experienced management team, and established presence in the infrastructure sector provide a solid foundation for long-term expansion. As India continues to invest in sustainable infrastructure and energy solutions, Desco Infratech is positioned to capitalize on the growing demand for efficient and reliable infrastructure services.
Desco Infratech IPO Prospectus
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Desco Infratech IPO Overview
| Details | Information |
|---|---|
| IPO Opening Date | March 24, 2025 |
| IPO Closing Date | March 26, 2025 |
| Issue Type | Book Built Issue |
| Face Value | ₹10 per equity share |
| Price Band | ₹147 to ₹150 per share |
| Lot Size (Minimum Investment) | 1,000 shares |
| Total Issue Size | 20,50,000 shares (₹30.75 Cr) |
| Fresh Issue | 20,50,000 shares (₹30.75 Cr) |
| Market Maker Allocation | 1,07,000 shares |
| Listing Exchange | BSE SME |
| Pre-Issue Shareholding | 56,26,008 shares |
| Post-Issue Shareholding | 76,76,008 shares |
| Retail Investor Quota | Minimum 35% of the net issue |
| QIB (Institutional Investor) Quota | Up to 50% of the net issue |
| NII/HNI (High Net Worth Investors) Quota | Up to 15% of the net issue |
| Anchor Investor Bid Date | March 21, 2025 |
| Anchor Shares Offered | 3,86,000 shares |
| Anchor Portion Size | ₹5.79 Cr |
| Anchor Lock-in End Date (50%) | April 26, 2025 |
| Anchor Lock-in End Date (Remaining 50%) | June 25, 2025 |
Desco Infratech IPO Lot Size
| Category | Minimum Lots | Total Shares | Investment Amount |
|---|---|---|---|
| Retail Investor (Min) | 1 Lot | 1,000 Shares | ₹1,50,000 |
| Retail Investor (Max) | 1 Lot | 1,000 Shares | ₹1,50,000 |
| HNI Investor (Min) | 2 Lots | 2,000 Shares | ₹3,00,000 |
Desco Infratech IPO Dates
| IPO Open Date | Mon, 24 Mar 2025 |
| IPO Close Date | Wed, 26 Mar 2025 |
| Allotment Date | Thu, 27 Mar 2025 |
| Refund Initiation | Fri, 28 Mar 2025 |
| Shares in Demat | Fri, 28 Mar 2025 |
| Listing Date | Tue, 01 Apr 2025 |
| UPI Mandate Cut-off | 5 PM, 26 Mar 2025 |
Peer Group Comparison – Desco Infratech IPO
| Company | Earnings Per Share (EPS) | Price to Earnings (P/E) Ratio | Return on Net Worth (RoNW %) | Net Asset Value (NAV) (₹) | Total Income (₹ Cr.) |
|---|---|---|---|---|---|
| Rudra Gas Solutions Ltd. | 7.48 | 10.12 | 18.05% | 31.55 | – |
| Likhita Infra Projects Ltd. | 16.70 | 15.68 | 21.35% | 78.50 | – |
Objects of the Issue
- Establishment of corporate office in Surat, Gujarat.
- Purchase of machinery for operations.
- Funding working capital requirements.
- General corporate purposes.
Desco Infratech IPO Financial Performance
| Financial Metrics | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Total Assets (₹ Cr.) | 36.12 | 23.80 | 20.65 | 11.73 |
| Total Revenue (₹ Cr.) | 22.75 | 29.49 | 29.28 | 19.92 |
| Net Profit (₹ Cr.) | 3.38 | 3.46 | 1.23 | 0.83 |
| Net Worth (₹ Cr.) | 22.67 | 11.99 | 5.04 | 3.85 |
| Reserves & Surplus (₹ Cr.) | 17.04 | 11.72 | 4.79 | 3.60 |
| Total Debt (₹ Cr.) | 6.82 | 4.06 | 5.81 | 3.09 |
Desco Infratech IPO Valuation
| Metric | Value |
|---|---|
| Return on Equity (ROE) | 40.61% |
| Return on Net Worth (RoNW) | 28.83% |
| EBITDA Margin | 18.91% |
| Profit After Tax (PAT) Margin | 11.76% |
| Debt-to-Equity Ratio | 0.34 |
| Net Asset Value (NAV) per Share | ₹24.10 |
| Earnings Per Share (EPS) | ₹6.95 (Basic) |
| Price-to-Earnings (P/E) Ratio | N/A |
| Return on Capital Employed (ROCE) | -% |
Desco Infratech IPO Review
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Desco Infratech IPO Details
📌 IPO Registrar
📍 Bigshare Services Pvt Ltd
📞 Phone: +91-22-6263 8200
✉️ Email: [email protected]
🌐 Website: Bigshare Online
📌 Lead Managers (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: [email protected]
🌐 Website: descoinfra.co.in
FAQs – Desco Infratech IPO
When is the Desco Infratech IPO open for subscription?
The IPO opens on March 24, 2025, and closes on March 26, 2025.
What is the IPO price band and lot size?
The price band is ₹147 – ₹150 per share, with a minimum lot size of 1,000 shares.
When and where will the IPO be listed?
The IPO is set to list on BSE SME on April 1, 2025.
What are the key objectives of the IPO?
Funds will be used for corporate office setup, machinery purchase, working capital, and general expenses.