Desco Infratech Limited


Opening Date Closing Date Face Value Issue Price Lot Size Listing At Total Issue Size Basis of Allotment Initiation of Refunds Credit of Shares to Demat Listing Date
23-03-2025 25-03-2025 ₹10 per share 0 1,000 Shares BSE SME 20,50,000 shares (aggregating up to ₹30.75 Cr) 2025-03-26 18:30:00 2025-03-27 18:30:00 2025-03-27 18:30:00 31-03-2025

About The Company

Desco Infratech IPO is a book built issue of Rs 30.75 crores. The issue is entirely a fresh issue of 20.50 lakh shares.

Desco Infratech IPO opens for subscription on March 24, 2025 and closes on March 26, 2025. The allotment for the Desco Infratech IPO is expected to be finalized on Thursday, March 27, 2025. Desco Infratech IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, April 1, 2025.

Desco Infratech IPO price band is set at ₹147 to ₹150 per share. The minimum lot size for an application is 1000. The minimum amount of investment required by retail investors is ₹1,47,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,50,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹3,00,000.

Smart Horizon Capital Advisors Private Limited is the book-running lead manager of the Desco Infratech IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Desco Infratech IPO is Rikhav Securities Limited.

Financials

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrow
30-03-2022 12 20 1 3.85 3.6 3.09
30-03-2023 21 29 1 5.04 4.79 5.81
30-03-2024 24 29 3 11.99 11.72 4.06
29-09-2024 36 23 3 22.67 17.04 6.82

IPO Listing Details

Listing Date 31-03-2025
BSE Script Code -
NSE Symbol -
ISIN -
Final Issue Price 0

Promoter holdings

The promoters of the Company are Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthu Desai, Ms Hina Pankaj Desai, Mr. Malhar P Desai and Mr Samarth Pankaj Desai

Pre Issue Share Holding 79.29%
Post Issue Share Holding 58.12%

Contact Information of the Company

Desco Infratech Limited
A-703, Swastik Universal,
Next to Valentine Theatre, Dumas Road,
Umra,
Phone+91 7574 999 09
Emailinvestors@descoinfra.co.in
Website: https://www.descoinfra.co.in/

IPO Registrar

Bigshare Services Pvt Ltd

Phone+91-22-6263 8200
Emailipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Lead Manager

Smart Horizon Capital Advisors Private Limited (Past IPO Performance)