Desco Infratech Limited IPO Details – Price, Date, GMP & Analysis
Desco Infratech Limited IPO Overview
Key IPO Details
Investment Summary
The Desco Infratech Limited IPO IPO is a sme offering scheduled to open on March 24. The issue is priced at ₹150 per share, with a minimum application of 1000 shares.
Status: Listed and trading
How to Apply for Desco Infratech Limited IPO
To apply for the Desco Infratech Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Desco Infratech Limited IPO
- Enter bid quantity (minimum 1000 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before March 26
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹150,000(approx. based on lower price band)
Company Overview
Desco Infratech Limited, incorporated in January 2011, focuses on engineering, planning, and construction in City Gas Distribution, Renewable Energy, Water, and Power sectors. The company operates in over 55 cities across 14 states, specializing in critical infrastructure projects and has laid over 4,000 kilometers of pipelines, providing over 200,000 piped natural gas connections. It offers services in designing and constructing water distribution networks and has 234 employees as of December 31, 2024.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Mon, Mar 24, 2025
CompletedClose Date
Wed, Mar 26, 2025
CompletedAllotment
Thu, Mar 27, 2025
CompletedRefund Process
Fri, Mar 28, 2025
CompletedCredit to Demat
Fri, Mar 28, 2025
CompletedListing Date
Tue, Apr 1, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 28.76x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 233.26x | Oversubscribed |
| RII (Retail Individual Investors) | 50.62x | Oversubscribed |
| Total Subscription | 83.75x | Oversubscribed |
Last updated: Invalid Date
IPO Details
Desco Infratech IPO Details
| IPO Date | March 24, 2025 to March 26, 2025 |
| Listing Date | April 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹150 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 20,50,000 shares (aggregating up to ₹30.75 Cr) |
| Fresh Issue | 20,50,000 shares (aggregating up to ₹30.75 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 56,26,008 shares |
| Share Holding Post Issue | 76,76,008 shares |
Desco Infratech IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| 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 Timeline (Tentative Schedule)
| IPO Open Date | Mon, Mar 24, 2025 |
| IPO Close Date | Wed, Mar 26, 2025 |
| Tentative Allotment | Thu, Mar 27, 2025 |
| Initiation of Refunds | Fri, Mar 28, 2025 |
| Credit of Shares to Demat | Fri, Mar 28, 2025 |
| Tentative Listing Date | Tue, Apr 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 26, 2025 |
Desco Infratech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,50,000 |
| Retail (Max) | 1 | 1000 | ₹1,50,000 |
| HNI (Min) | 2 | 2,000 | ₹3,00,000 |
Desco Infratech IPO Promoter Holding
| Share Holding Pre Issue | 79.29% |
| Share Holding Post Issue | 58.12% |
Desco Infratech IPO Listing Details
| April 1, 2025 |
| 544387 |
| INE0TGG01014 |
| ₹150 per share |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹150.00 |
| Open | ₹160.00 |
| Low | ₹160.00 |
| High | ₹168.00 |
| Last Trade | ₹168.00 |
Financial Information
Company FinancialsDesco Infratech Limited Financial Information (Restated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| 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 and Surplus | 17.04 | 11.72 | 4.79 | 3.6 |
| Total Borrowing | 6.82 | 4.06 | 5.81 | 3.09 |
Key Dates
Desco Infratech Limited IPO IPO Review & Analysis
Should I Apply for Desco Infratech Limited IPO?
The Desco Infratech Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • SME listing provides credibility
- • Issue size of ₹30.75 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Desco Infratech Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Desco Infratech Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.