Desco Infratech IPO
Desco Infratech is a BSE SME IPO listed on the BSE SME platform, priced at ₹147–₹150 per share. The stock debuted at ₹160, delivering a listing gain of 6.7%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,50,000.
Desco Infratech Limited IPO
- IPO Dates
- Mar 24, 2025 – Mar 26, 2025
- Price band
- ₹147-150 per equity share
- Minimum Investment
- ₹1,50,000
- Issue size
- ₹30.75 Cr
- Lot size
- 1000
- Allotment Date
- Mar 27, 2025
- Listing
- Apr 1, 2025
- Listing At
- BSE SME
IPO timeline
-
Mar 24, 2025
Open Date
Completed
-
Mar 26, 2025
Close Date
Completed
-
Mar 27, 2025
Allotment Date
Completed
-
Apr 1, 2025
Listing Date
Completed
Desco Infratech IPO Essentials
Desco Infratech IPO Details
Desco Infratech IPO is priced at ₹147-150 per share with a total issue size of 30.75 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹147-150 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 20,50,000 shares(aggregating up to ₹30.75 Cr)
- Total issue size
- 20,50,000 shares
(aggregating up to ₹30.75 crore) - Fresh issue
- 20,50,000 shares
(aggregating up to ₹30.75 crore) - Listing at
- BSE SME
- List price
- 160.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Smart Horizon Capital Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,50,000 |
| Retail(max) | 1 | 1000 | ₹1,50,000 |
| NII (min) | 2 | 2,000 | ₹3,00,000 |
Desco Infratech IPO Reservation
Desco Infratech IPO reservation details show category-wise allocation of shares. Out of the total 20,50,000 shares, approximately 18.83% are reserved for QIB, 14.34% for NII, 33.46% for retail investors, 5.22% for market maker, and 28.15% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 5,77,000 (28.15%) | |
| Market Maker Shares Offered | 1,07,000 (5.22%) | |
| QIB Shares Offered | 3,86,000 (18.83%) | |
| NII (HNI) Shares Offered | 2,94,000 (14.34%) | |
| Retail Shares Offered | 6,86,000 (33.46%) | |
| Total Shares Offered | 20,50,000 (100%) |
Desco Infratech IPO Analytics
Desco Infratech IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Desco Infratech IPO Subscription Status
Desco Infratech IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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 Valuations
Earnings
- EPS Pre IPO
- ₹6.15/-
- EPS Post IPO
- ₹8.81/-
- P/E Pre IPO
- 24.4
- P/E Post IPO
- 17.03
Returns
- ROE
- 40.61%
- ROCE
- 75.97%
- RoNW
- 28.83%
- PAT Margin
- 11.76
Fundamentals
- Debt / Equity
- 0.34
- Price / Book
- 6.22
Desco Infratech Financials( In Crs.)
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| 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 & Surplus | 17.04 | 11.72 | 4.79 | 3.6 |
| Total Borrowing | 6.82 | 4.06 | 5.81 | 3.09 |
Desco Infratech Company & Offer Insights
About Desco Infratech
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 Promoter(s)
Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthu Desai, Ms Hina Pankaj Desai, Mr. Malhar P Desai, Mr Samarth Pankaj Desai are the company's promoters of Desco Infratech.
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 IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Desco Infratech Limited | 6.95 | N/A | 24.1 | N/A | 28.83 | N/A | Restated |
| Rudra Gas Enterprise Ltd | 7.44 | N/A | 31.49 | 10.17 | 18.01 | 5.39 | Standalone |
| Likhita Infrastructure Ltd. | 16.74 | N/A | 78.62 | 15.72 | 21.29 | N/A | Standalone |
Notes:
- The P/E Ratio has been computed based on their respective closing market price on March 11, 2025 as divided by the Basic EPS as of March 31, 2024.
Contact Information
Contact Details
Desco Infratech
+91 7574 999 09
A-703, Swastik Universal, Next to Valentine Theatre, Dumas Road, Umra, Surat, Gujarat- 395007
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Desco Infratech IPO is a book-built IPO worth ₹30.75 crore. The price band is ₹147–₹150 per share. The IPO opens on Mar 24, 2025 and closes on Mar 26, 2025. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Desco Infratech IPO is ₹147 to ₹150 per share.
The lot size of Desco Infratech IPO is 1000 shares.
The minimum investment for Desco Infratech IPO is approximately ₹1,50,000 based on the upper price band .
Desco Infratech IPO opens on Mar 24, 2025 and closes on Mar 26, 2025.
The allotment date of Desco Infratech IPO is Mar 27, 2025.
Desco Infratech IPO is expected to be listed on Apr 1, 2025, on BSE SME Platform.
Desco Infratech IPO valuation snapshot: P/E 17.03, EPS ₹8.81/-, P/B 6.22, RoNW 28.83%, and market cap N/A.
To apply for Desco Infratech IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Desco Infratech IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Desco Infratech IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Desco Infratech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Desco Infratech IPO allotment status on IPO Ji for quick and easy access.