Desco Infratech IPO description – Desco Infratech specializes in offering infrastructure development and maintenance services to city gas distribution networks across India. The company’s core activities include pipeline laying, installation, testing, erection, and commissioning of Piped Natural Gas (PNG) systems for both domestic and commercial consumers. Additionally, its Operation and Maintenance (O&M) services cover comprehensive work on both underground and above-ground gas pipelines, utilizing carbon steel and MDPE materials.
Recently, the company has expanded into the power division, providing services that include the installation, connectivity, commissioning, and erection of Low Tension (LT) and High Tension (HT) cables. These services are designed to facilitate reliable and efficient power transmission and distribution for industrial, commercial, and residential sectors.
In April 2023, Desco Infratech received its first order for cable and termination works for traffic signals in Surat. The company has since expanded into water infrastructure, offering services for water distribution networks, open wells, sump wells, overhead tanks, and well systems. As of 31 December 2024, the company had 234 employees on its payroll across multiple locations.
Promoters of Desco Infratech – Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthu Desai, Ms. Hina Pankaj Desai, Mr. Malhar P Desai, and Mr. Samarth Pankaj Desai
Table of Contents
Desco Infratech IPO Details
| Desco Infratech IPO Dates | 24 – 26 March 2025 |
| Desco Infratech Issue Price | INR 147 – 150 per share |
| Fresh issue | 20,50,000 shares (INR 30.14 – 30.75 crore) |
| Offer For Sale | NIL |
| Total IPO size | 20,50,000 shares (INR 30.14 – 30.75 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 1,50,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Desco Infratech Financial Performance
| FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 19.85 | 29.22 | 29.39 | 22.63 |
| Expenses | 18.71 | 27.54 | 24.52 | 18.33 |
| Net income | 0.83 | 1.23 | 3.46 | 3.38 |
Desco Infratech Offer News
- Desco Infratech RHP
- Desco Infratech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Desco Infratech Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.83 | 2.73 | 6.95 |
| PE ratio | – | – | – |
| RONW (%) | 21.43 | 24.37 | 28.83 |
| NAV | 8.56 | 11.19 | 24.10 |
| ROCE (%) | 22.82 | 22.27 | 39.52 |
| EBITDA (%) | 8.35 | 7.51 | 18.91 |
| Debt/Equity | 0.80 | 1.15 | 0.34 |
Desco Infratech IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Desco Infratech IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of {} shares is not included in the above calculations.
Desco Infratech IPO Allotment Status
Desco Infratech IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Desco Infratech IPO Dates & Listing Performance
| IPO Opening Date | 24 March 2025 |
| IPO Closing Date | 26 March 2025 |
| Finalization of Basis of Allotment | 27 March 2025 |
| Initiation of refunds | 28 March 2025 |
| Transfer of shares to demat accounts | 28 March 2025 |
| IPO Listing Date | 1 April 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Desco Infratech Offer Lead Manager
SMART HORIZON CAPITAL ADVISORS PRIVATE LIMITED
B/908, Western Edge II, Kanakia Space, Behind Metro Mall,
off Western Express Highway, Magathane, Borivali East,
Mumbai – 400066, Maharashtra, India
Phone: 022-2870682
Email: director@shcapl.com
Website: www.shcapl.com
Desco Infratech Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Desco Infratech Issue Contact Details
DESCO INFRATECH LIMITED
A-703, Swastik Universal, Next to Valentine Theatre,
Dumas Road, Umra, Surat, Gujarat- 395007 India
Phone: +91 7574 999 097
E-mail: investors@descoinfra.co.in
Website: www.descoinfra.co.in
IPO FAQs
What is Desco Infratech offer size?
Desco Infratech offer size is INR 30.14 – 30.75 crores.
What is Desco Infratech offer price band?
Desco Infratech public offer price is INR 147 – 150 per share.
What is the lot size of Desco Infratech IPO?
Desco Infratech offer lot size is 1,000 shares.
What is Desco Infratech IPO GMP today?
Desco Infratech IPO GMP today is INR NA per share.
What is Desco Infratech kostak rate today?
Desco Infratech kostak rate today is INR NA per application.
What is Desco Infratech Subject to Sauda rate today?
Desco Infratech’s Subject to Sauda rate today is INR NA per application.