Desco Infratech provides infrastructure and maintenance services to city gas distribution divisions in India.
Desco Infratech is engaged in activities such as pipeline laying, installation, testing, erection, and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial users.
The Company’s Operation and Maintenance services (“O&M Services”) encompass both underground and above-ground gas pipeline work for carbon steel and MDPE pipelines. As part of their O&M Services, they conduct lock pressure and leak detection tests on MDPE pipelines to identify leaks and prevent significant natural gas losses and potential accidents resulting from these leaks.
The company maintains client-dedicate emergency response vehicles designed to detect leaks and deter unauthorized access, addressing potential hazards proactively. When a situation arises, a specialized team comprising an engineer, technicians, and support staff is mobilized to the location. This team takes safe and immediate action to assess the situation and implement necessary measures, ensuring quick operational recovery and minimizing any uninterrupted gas supply.
Desco Infratech has recently begun offering services in the power division, focusing on the installation, connectivity, commissioning, and erection of low-tension (LT) and high-tension (HT) cables. These services ensure efficient power transmission and distribution across industrial, commercial, and residential applications.
In April 2023, the company received its first order from Amnex Infotechnologies Private Limited to provide services for the execution of works for connectivity and laying of double Walt cable and HDPE pipes including cabling and termination works for Traffic Signal Lights in Surat under Smart City Scheme.
Desco Infratech IPO – Details
| IPO Opening Date | 24 March 2025 |
| IPO Closing Date | 26 March 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 20,50,000 Shares Worth ₹30.75 Crore Fresh Issue: 20,50,000 Shares Worth ₹30.75 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹147 – ₹150 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Desco Infratech IPO – Date Schedule
| IPO Open Date | 24 March 2025 |
| IPO Close Date | 26 March 2025 |
| Basis of Allotment | 27 March 2025 |
| Initiation of Refund | 28 March 2025 |
| Credit of Shares to Demat Account | 28 March 2025 |
| IPO Listing Date | 01 April 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 26, 2025 |
Desco Infratech IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,50,000 |
| Retail (Max) | 1 | 1000 | ₹1,50,000 |
| HNI (Min) | 2 | 2000 | ₹3,00,000 |
Competitive Strengths
- The company’s expertise in the city gas distribution sector and providing operations and maintenance services.
- Direct Relationship with Suppliers.
- Experienced promoters and management team.
- Standard Operating Procedures.
- Adherence to Safety and Compliance Standards.
Company Promoters
- Ms. Indiraben Pruthubhai Desai
- Mr. Pankaj Pruthu Desai
- Ms. Hina Pankaj Desai
- Mr. Malhar P Desai
- Mr. Samarth Pankaj Desai
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 19.91 | 18.71 | 0.82 | 3.08 |
| 31 March 2023 | 29.28 | 27.54 | 1.22 | 5.80 |
| 31 March 2024 | 29.49 | 24.51 | 3.45 | 4.06 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 40.61% |
| ROCE | 75.97% |
| Debt/Equity | 0.34 |
| RoNW | 28.83% |
| PAT Margin | 11.76 |
| Price to Book Value | 6.22 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.15 | 8.81 |
| P/E (x) | 24.4 | 17.03 |
Object Of The Issue
- Funding of capital expenditure requirements of the Company.
- Funding Working Capital Requirements of the Company.
- General corporate purposes.
Desco Infratech IPO Promoter Holding
| Pre Issue Share Holding | 79.29% |
| Post Issue Share Holding | 58.12% |
Desco Infratech IPO Prospectus
Company Contact Information
| Desco Infratech Limited A-703, Swastik Universal, Next to Valentine Theatre, Dumas Road, Umra, Surat, Gujarat- 395007 India Phone: +91 7574 999 097 Email: investors@descoinfra.co.in Website: www.descoinfra.co.in |
Desco Infratech IPO Registrar
| Bigshare Services Private Limited Phone: 022 – 6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Desco Infratech IPO Lead Manager(s)
| 1. Smart Horizon Capital Advisors Private Limited |
Desco Infratech IPO FAQs
| What is Desco Infratech IPO? Desco Infratech IPO is a SME IPO. The issue is priced at ₹147 to ₹150 per equity share. The IPO is to be listed on BSE SME. |
| When Desco Infratech IPO will open? The IPO is to open on 24 March 2025 for QIB, NII, and Retail Investors. |
| What is Desco Infratech IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Desco Infratech IPO? You can apply Desco Infratech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Desco Infratech IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Desco Infratech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Desco Infratech IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Desco Infratech IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Desco Infratech IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Desco Infratech IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Desco Infratech IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Desco Infratech IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Desco Infratech IPO Size? Desco Infratech IPO size is ₹30.75 Crore. |
| What is the Desco Infratech IPO Price Band? Desco Infratech IPO Price Band is ₹147 to ₹150. |
| What is Desco Infratech IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1000 Shares with ₹1,50,000 amount while the maximum bid is 1000 Shares with ₹1,50,000. |
| What is the Desco Infratech IPO Allotment Date? Desco Infratech IPO allotment date is 27 March 2025. |
| What is the Desco Infratech IPO Listing Date? Desco Infratech IPO listing date is 01 April 2025. The IPO is to be listed on BSE SME. |
