Desco Infratech Limited
Desco Infratech Limited  is an Indian infrastructure services provider specializing in city gas distribution. They handle pipeline laying, installation, testing, and maintenance for Piped Natural Gas (PNG) used by domestic and commercial customers. Recently, the company has expanded into power distribution (LT and HT cable projects), water distribution (including wells, tanks, and pipelines), and renewable energy, offering RCC pile erection and solar module installation services.
Price Band₹147 - ₹150 |
Dates24 Mar - 26 Mar |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹30.75 Crs |
Desco Infratech IPO Objects
- Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat
- Funding of capital expenditure requirements towards purchase of machineries
- Funding Working Capital Requirements of our Company
- General corporate purposes
Desco Infratech IPO Details
Price Band₹147 - ₹150 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹30.75 Cr (0.21 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹30.75 Cr (0.21 Cr Shares) |
Face Value₹10 per equity share |
Desco Infratech IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,000
1,50,000
Maximum
1
1,000
1,50,000
|
|||
| NII |
Minimum
2
2,000
3,00,000
|
|||
Desco Infratech IPO Subscription
-
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Total | - | 0 | 0 |
Desco Infratech IPO GMP
The estimated Grey Market Premium of Desco Infratech IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of net offer |
| NII | Not less than 15% of net offer |
| Retail | Not less than 35% of net offer |
| Market Maker | 1,07,000 EQ Share |
Desco Infratech IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 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 |
| Total Borrowing | 6.82 | 4.06 | 5.81 | 3.09 |
| Total Assets | 36.12 | 23.80 | 20.65 | 11.73 |
| NAV per share (in ₹) | 40.46 | 24.10 | 11.19 | 8.56 |
| EPS - Basic (in ₹) | 6.03 | 6.95 | 2.73 | 1.83 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 18.91% |
| PAT | 11.76% |
| ROE | 40.61% |
| RONW | 28.83% |
| Debt to Equity | 0.34 |
| PE Ratio | 21.58 |
| PB Ratio | 6.22 |
| Mkt Cap (in Crs.) | 115.14 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Desco Infratech IPO Peer Comparision
| Particulars | Co. | Rudra Gas Enterprise | Likhita Infrastructure | |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 29.39 | 63.77 | 422.09 | 0.00 |
| PAT (In Crs.) | 3.46 | 4.73 | 66.03 | 0.00 |
| EPS - Basic | 6.95 | 7.44 | 16.74 | |
| NAV per share | 24.10 | 31.49 | 78.62 | |
| RONW | 28.83% | 18.01% | 21.29% | |
| EBITDA | 18.91% | 14.77% | 21.97% | |
| PAT Margin | 11.76% | 7.41% | 15.64% | |
| Price to earning (PE) | 21.58 | 10.17 | 15.72 | |
| Debt to Equity | 0.34 | 0.08 | 0.00 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Desco Infratech IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from Ops (in Crs.) | 29.39 |
| PAT (In Crs.) | 3.46 |
| EPS - Basic | 6.95 |
| NAV per share | 24.10 |
| RONW | 28.83% |
| EBITDA | 18.91% |
| PAT Margin | 11.76% |
| Price to earning (PE) | 21.58 |
| Debt to Equity | 0.34 |
| Rudra Gas Enterprise | Likhita Infrastructure | |
|---|---|---|
| 63.77 | 422.09 | 0.00 |
| 4.73 | 66.03 | 0.00 |
| 7.44 | 16.74 | |
| 31.49 | 78.62 | |
| 18.01% | 21.29% | |
| 14.77% | 21.97% | |
| 7.41% | 15.64% | |
| 10.17 | 15.72 | |
| 0.08 | 0.00 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Ms. Indiraben Pruthubhai Desai | 42.35% |
| Ms. Hina Pankaj Desai | 15.30% |
| Mr. Malhar P Desai | 10.82% |
| Mr. Samarth Pankaj Desai | 10.82% |
Management Details
| Name | Designation |
|---|---|
| Mr. Pankaj Pruthu Desai | Chairman & MD |
| Ms. Prinkle Jain | CFO |
Company Details
Name : Desco Infratech Limited
Address : A-703, Swastik Universal, Next to Valentine Theatre, Dumas Road, Umra, Surat, Gujarat- 395007 India.
Number : +91 7574 999 097
Email : investors@descoinfra.co.in
Website : www.descoinfra.co.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Desco Infratech IPO is a SME IPO having an issue size of Rs. ₹30.75 Crs. Desco Infratech IPO is priced at ₹147 - ₹150 per share. The issue opens on 24 Mar 25 and closes on 26 Mar 25.
Desco Infratech IPO opens on 24 Mar 25 and closes on 26 Mar 25.
The estimated Grey Market Premium of Desco Infratech IPO is ₹0 per share (0.00%).
The minimum lot size of Desco Infratech IPO is 1000 shares & the minimum application amount is Rs. 150000.
The allotment date of Desco Infratech IPO is 27 Mar 25.
The listing date of Desco Infratech IPO is 04 Apr 25.
Desco Infratech IPO is subscribed -.
Desco Infratech IPO is priced at ₹147 - ₹150 per share.
Click the allotment link on Desco Infratech IPO page of IPO360.
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