Desco Infratech Limited IPO GMP Live, Open Date, Close Date, Price Band

  • 20-Mar-2025
  • 2 mins read
Desco Infratech Limited IPO GMP - Bigul

Desco Infratech Limited IPO GMP Live, Open Date, Close Date, Price Band

Desco Infratech IPO open date is March 24, 2025 and closing date is March 26, 2025. The IPO is a fresh issue of 20.5 lakh shares valued at Rs 30.75 crore. There is no offer for sale included in this IPO.

The price band of Desco Infratech Limited is set between Rs 147 and Rs 150 per share. Currently, the IPO live GMP of Desco Infratech limited is at 0, reflecting a neutral sentiment among the investors.

The current IPO lot size of the Desco Infratech Limited IPO is 1000 shares. Meanwhile, the allotment status of the IPO is to be finalised on March 25, 2025. Retail investors can participate in the IPO with a minimum investment of Rs 1,50,000.  The high net worth individuals can participate in the IPO with two lots for 3,00,000. The registrar for the Desco Infratech Limited IPO is Big Shares Private Limited.

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Desco Infratech Limited IPO GMP

Desco Infratech Limited IPO GMP is at Rs 0. This is because the listing of the shares has not happened yet.  Investors will be able to track the grey market premium once the trading activity begins. A strong GMP quotation could indicate towards a higher interest among the investors. After the IPO issue date, one can see a reliable GMP quote.

Desco Infratech IPO Open Date, Close Date

The open date of Desoc Infratech IPO is March 24 2025, and will close on March 26, 2025. The subscription status of the IPO is expected to be finalised on March 27, 2025. The tentative date for the listing of the shares is April 1, 2025.

Desco Infratech Limited IPO Price Band

The price band for Desco Infratech IPO is set in the range of Rs 147 to Rs 150 per share. For retail investors to participate, one needs a minimum investment of Rs 1,50,000 for one lot( 1000 shares). Meanwhile, HNI’S or High Net with individuals require an investment of Rs 3,00,000 or 2 lots (2000 shares) to participate.

Desco Infratech Limited IPO Issue Size

Desco Infratech Limited IPO is a fresh issue with no offer for sale. It is worth Rs 30.75 crores, consisting of 20.5 lakh shares. The allotment for the Desco Infratech IPO is expected to be finalised on Thursday, March 27, 2025. Investors can check their allotment status on the registrar's website

Desco Infratech Limited IPO Allotment Status

Desoc Infratech IPO allotment status is expected to be available on March 27, 2025. The shares of the company will be listed on BSE SME. Meanwhile, HNI or retail investors can see their allotment once the subscription ends on the registrar’s website.

Desco Infratech Limited IPO Listing Date

The listing date of the Desco Infratech is expected to be April 1, 2025. Once the listing is done on the BSE SME, investors can sell their shares after 10 AM.

Desco Infratech Limited IPO: Listing Date, Lot Size, Issue Size, Price Band

IPO Date

March 24, 2025 to March 26, 2025

Listing Date

April 1,2025

Face Value

Rs 10 per share

Issue Price Band

Rs 147 to Rs 150 per share

Lot Size

1,000 Shares

Total Issue Size

20,50,000 shares

(aggregating up to Rs 30.75 Cr)

Fresh Issue

20,50,000 shares

(aggregating up to Rs 30.75 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE SME

Share Holding Pre-Issue

56,26,008 shares

Share Holding Post Issue

76,76,008 shares

Desco Infratech Limited: About The Company

Desco Infratech Limited

Desco Infratech Limited is a leading development company headquartered in Gujrat. It was established in 2011.  The company delivers innovative solutions across multiple sectors, such as renewables, water power, and gas distribution. They have a massive footprint in over 55 cities across 14 states. The company has built a strong reputation for managing complex projects.

The success of the company is driven by their team of passionate innovators and a great management team. This enables Desco Infratech to tackle challenges while committing to safety and efficiency.

Desco Infratech IPO will open for subscription on March 24, 202,5 and closes on March 26, 2025. Meanwhile, the finalisation of the IPO is expected on March 27, 2025. It will be listed on BSE SME with a tentative listing date of April 1, 2025.

Desco Infratech Limited IPO Objective 

Desco Infratech IPO has several key objectives. They have earmarked Rs 1.04 crore for capital expenditure for the corporate office in Gujrat. Meanwhile, another Rs 1.68 crore will be allocated towards purchasing machinery. In addition to this, a portion of the net proceeds will be utilised to meet the company's working capital requirements.

Desco Infratech IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Monday , Mar 24, 2025

IPO Close Date

Wedensday , Mar 26, 2025

Tentative Allotment

Thursday, Mar 27, 2025

Initiation of Refunds

Friday, Mar 28, 2025

Credit of Shares to Demat

Friday, Mar 28, 2025

Listing Date

Tuesday, Apr 1, 2025

Cut-off time for UPI mandate confirmation

5 PM on March 26, 2025

Desco Infratech IPO Lot Size Details

The lot size of the IPO of Desco Infratech Limited is set at 1000 shares per lot. For anyone participating in the IPO, investors require a minimum investment of Rs 1,50,000 (Rs 150 x 1000). For the High high-networth individuals, the minimum investment needed is Rs 3,00,000 or 2 lots( Rs 150 X 2000).

Desco Infratech Limited IPO Promoter Holdings

The promoters of Desco Infratech Limited are Ms Indiraben, Mr Pankaj Desai, Ms Hina, Mr Malhar and Mr Samarth. The shareholdings pre-issue of the promoters is 79.29%, and the shareholding Post issue is 58.12%.

Desco Infratech Limited Financials (Cr)

Period Ended

30 Sep 2024

31 Mar 2024

31 Mar 2023

31 Mar 2022

Assets

36.12

23.8

20.65

11.73

Revenue

22.75

29.49

29.28

19.92

Profit After Tax

3.38

3.46

1.23

0.83

Net Worth

22.67

11.99

5.04

3.85

Reserves and Surplus

17.04

11.72

4.79

3.6

Total Borrowing

6.82

4.06

5.81

3.09

Lead Manager and Registrar of Desco Infratech Limited IPO

Desco Infratech's lead manager is Smart Horizon Capital Advisors Limited. The company has appointed Big Shares Services Private Ltd as the registrar for this public issue.

How do you apply for the Desco Infratech Limited IPO?

Anyone interested in the IPO of Desco Infratech can apply through the Bigul website or via the Bigul trading app. Investors can also check the details of the upcoming IPO on the Bigul platform.

Desco Infratech Limited IPO FAQs

1. What are the core details of the Desco Infratech Limited IPO?

Desco Infratech IPO is a book-built issue worth Rs 30,5 crores. The price band for this IPO is set between Rs 147 and Rs 150  per share. The IPO consists of a fresh issue of 20.5 lakh shares (Rs 30.5 crores) and no offer for sale. 

2. What is the Desco Infratech IPO open date and close date?

Desco Infratech's IPO opens for subscription on March 24, 2025, and closes on March 26, 2025.

3. What is the Desco Infratech IPO GMP Live?

As of now, the Desco Infratech IPO GMP is at Rs 0, indicating a neutral sentiment among investors. The listing price is expected to be close to the allotment price, which is between Rs 147 and Rs 150  per share. Investors can check the latest IPO Grey Market Premium (GMP) online.

4. How do you check the IPO Allotment status?

Desco Infratech IPO Allotment status will be available on its registrar's website, Big Shares Private Limited. Once the IPO subscription period ends, investors who applied for the IPO can check their allotment status on the registrar's portal.

5. Who are the registrar and lead managers of the Desco Infratech Private Ltd IPO?

Desco Infratech's lead manager is  Smart Horizon capital advisors, and the registrar for the IPO is Big Shares Private Ltd.

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