Desco Infratech Ltd IPO

Listed Listed stocks

IPO Details

  • Bidding Date

    24-Mar-2025 to
    26-Mar-2025

  • Issue Size

    ₹30.75 Cr

  • Price Band

    ₹147 to ₹150

  • Allotment date

    27-Mar-2025

  • Listing date

    01-Apr-2025

  • Lot size

    1000

  • No. of shares

    20,50,000

  • Fresh issue/OFS

    ₹30.75 Cr /--

About The Company

Desco Infratech Limited, incorporated on January 19, 2011, specializes in infrastructure and maintenance services, primarily catering to city gas distribution networks in India. Its core activities include pipeline laying, installation, testing, erection, and commissioning for Piped Natural Gas (PNG) used in domestic and commercial sectors. In recent years, the company has diversified its service offerings to include power distribution projects, water infrastructure projects, and renewable energy solutions. The power segment focuses on the installation, connectivity, commissioning, and erection of Low Tension (LT) and High Tension (HT) cables. Additionally, the company has entered the renewable energy sector, providing foundational support for solar energy projects.

Subscription Status

  • Category

    Status

  • QIBs

    28.8x

  • NIIs

    171.3x

  • Retail

    50.5x

  • Others

    --

  • Total

    77.7x

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FAQs for Desco Infratech Ltd.

The issue size of Desco Infratech Ltd is ₹30.75 Cr.

Desco Infratech Ltd falls into Energy Equipment & Services industry.

The Desco Infratech Ltd IPO will be listed on NSE.

The open and close dates for the Desco Infratech Ltd are 24-Mar-2025 & 26-Mar-2025.

The price band for the Desco Infratech Ltd ipo is ₹147 to ₹150

The listing date of Desco Infratech Ltd IPO is 01-Apr-2025.

The purpose of this IPO is to raise fresh capital.

Desco Infratech Ltd total subscription ratio is 77.7X.

Key financial of the Desco Infratech Ltd are:


Desco Infratech Ltd FY-24 FY-23 FY-22
Revenue (₹ Cr) 29.39 29.22 19.85
EBIT (₹ Cr) 5.39 2.05 1.52
Proft after Tax (₹ Cr) 3.46 1.23 0.83
Debt (₹ Cr) 4.06 5.81 3.08
Net Worth (₹ Cr) 11.99 5.04 3.85
RoE (%) 28.86 24.4 21.56