DESCO INFRATECH LIMITED

24 Mar 2025 - 26 Mar 2025 Individual Category SME BSE

Min Investment

₹150000

Price Band

₹147-₹150

Issue Size

14.73 lakhs
Equity Shares

Lot Size

1000

IPO Dates
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24 Mar 2025

Open Date

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26 Mar 2025

Close Date

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27 Mar 2025

Allotment Date

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01 Apr 2025

Listing Date

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 equity shares. There is no offer for sale included in this IPO.The price band of Desco Infratech Limited price band between Rs 147 and Rs 150 per share. Currently, the IPO live GMP of Desco Infratech limited is at 8, 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.

Know Before Investing

Strengths icon

  • Adheres strictly to safety standards and regulatory compliance.
  • Led by seasoned promoters and a skilled management team.
  • Extensive experience in city gas distribution and infrastructure development.

Weaknesses icon

  • Potential project delays due to regulatory approvals.
  • Requires substantial funding due to capital-intensive nature.
  • Faces competition from established infrastructure firms.

About 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.

Founded

2011

Managing Director

Pankaj Pruthu Desai

Parent Organization

IPO Objectives

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.

Company Promoters

Indiraben Pruthubhai Desai

Pankaj Pruthu Desai

Hina Pankaj Desai

Malhar P Desai

Mr Samarth Pankaj Desai

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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