Desco Infratech Limited’s IPO will open on 24 March 2025 and close on 26 March 2025. This SME IPO is raising ₹30.75 crore from a fresh issue of 20.50 equity lakh shares and the issue is an entire fresh issue.
The Desco Infratech IPO allotment date will be decided on Thursday, 27 March 2025. Desco Infratech shares will probably be listed on BSE SME on Tuesday, 1 April 2025.
Desco Infratech IPO price band has been set between ₹147 and ₹150 per share. The minimum number of shares or the lot size is 1000, making the minimum investment requirement for retail investors is ₹147000. To avoid the oversubscription rush, bidding at the cutoff price is advisable which makes the minimum investment as ₹150000. The minimum lot size and investment amount for the HNIs is 2 lots, amounting to a minimum investment of ₹300000.
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Desco Infratech BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | March 24, 2025 |
| IPO Closing Date | March 26, 2025 |
| Tentative IPO Listing Date | April 1, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹147 to ₹150 per share |
| Lot Size | 1000 shares |
| Total Issue Size | 2050000 Shares (₹30.75 Cr.) |
| Fresh Issue | 2050000 Shares (₹30.75 Cr.) |
| IPO Segment | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre-Issue | 5626008 shares |
| Share Holding Post-Issue | 7676008 shares |
Desco Infratech Limited | Company Overview
Desco Infratech Limited embarked on its journey in 2011 and has been engaged in different facets of infrastructure building. From engineering to planning, and finally construction, it takes care of all the aspects. The sectors it caters to include renewable energy, power sector, water, and gas distribution.
Desco Infratech has a presence in 55 cities, spreading across 14 states in India. The company has laid medium-density polyethylene pipelines over 4000 kilometers which cater to 2 lakh piped natural gas connections in residential, commercial as well and industrial properties.
Apart from these, it has specialized in designing and constructing –
- Open wells,
- Overhead tanks
- Sump wells
- Water distribution networks
- More.
Desco Infratech Limited IPO | Key Details
- Desco Infratech IPO Opening Date: March 24, 2025,
- Desco Infratech IPO Closing Date: March 26, 2025.
- Allotment Date: March 27, 2025
- Price Band: ₹147 to ₹150 per share
- Lot Size: 1000 shares
- Refunds Initiated: March 28, 2025
- Shares Credited to Demat: March 28, 2025
- Listing Date: April 1, 2025
Desco Infratech Ltd: Financial Overview
Desco Infratech Limited saw a huge surge in its profits in FY24 by 181% when its revenue hardly increased during the period. The company even reduced its total borrowing during the fiscal.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 23.8 | 20.65 | 3.15 | 15.25423729 |
| Revenue | 29.49 | 29.28 | 0.21 | 0.717213115 |
| Profit After Tax | 3.46 | 1.23 | 2.23 | 181.300813 |
| Net Worth | 11.99 | 5.04 | 6.95 | 137.8968254 |
| Reserve & Surplus | 11.72 | 4.79 | 6.93 | 144.6764092 |
| Total Borrowing | 4.06 | 5.81 | -1.75 | -30.1204819 |
Desco Infratech Ltd IPO | FAQs
Desco Infratech Ltd offers engineering, designing, planning, and construction services to different departments and sectors such as the renewable energy sector, power sector, water and gas distribution departments.
The tentative IPO listing date of Desco Infratech has been fixed as Tuesday, April 1, 2025.
The bidding date for the Desco Infratech IPO is March 24, 2025, and it will continue until March 26, 2025.
The minimum IPO lot size for Desco Infratech is 1000 shares and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Thursday, March 27, 2025.
The IPO face value is set at ₹10 per share.
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