Desco Infratech Limited is a prominent infrastructure company engaged in engineering, planning, and construction across multiple sectors, including City Gas Distribution, Renewable Energy, Water, and Power. Established in January 2011, the company plays a crucial role in India's infrastructure development by providing essential services such as pipeline laying, installation, testing, and commissioning for Piped Natural Gas (PNG) connections. It has also expanded its expertise to power distribution projects, handling Low Tension (LT) and High Tension (HT) cable installations. Additionally, the company is involved in water distribution projects, constructing water networks, sump wells, overhead tanks, and well systems. In the renewable energy sector, it specializes in erecting reinforced concrete (RCC) piles for structural support and installing solar modules to harness clean energy.
With a strong presence in over 55 cities across 14 states, Desco Infratech has laid more than 4,000 kilometres of Medium-Density Polyethylene (MDPE) pipelines, delivering over 200,000 piped natural gas connections to residential, commercial, and industrial users. The company also undertakes the construction of critical infrastructure like roads, bridges, and other essential structures. By focusing on innovation and expansion, Desco Infratech continues to contribute to India's infrastructural growth, ensuring high-quality services across its diverse portfolio. As of December 31, 2024, the company employed 234 professionals across its various projects, reinforcing its commitment to excellence in the sector.
Founding Year: 2011
Managing Director: Pankaj Pruthu Desai
Here are the important dates you need to know in order to participate in this IPO
Bidding starts
24th Mar
Bidding ends
26th Mar
Allotment of shares
27th Mar
Initiation of refund
28th Mar
Credit of shares to Demat account
28th Mar
Listing date
1st Apr
| Pre-Issue | Post-Issue | |
|---|---|---|
| Promoter Group | 79.29% | 58.12% |
| Public Group | 20.71% | 41.88% |
| 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%) |
| Anchor Investor Shares Offered | 5,77,000 (28.15%) |
| Total Shares Offered | 20,50,000 |
| Total Shares With Anchor Investor | 20,50,000 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,50,000 |
| Retail (Max) | 1 | 1,000 | ₹1,50,000 |
| S HNI (Min) | 2 | 2,000 | ₹3,00,000 |
| S HNI (Max) | 6 | 6,000 | ₹9,00,000 |
| B HNI (MIN) | 7 | 7,000 | ₹10,50,000 |
| Bid Date | March 21, 2025 |
| Shares Offered | 0 |
| Anchor Investment Details | 0 |
| Bigshare Services Pvt Ltd | |
|---|---|
| Phone Number | 022 - 6263 8200 |
| Email Id | investor@bigshareonline.com |
| Our Website | www.bigshareonline.com |
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1. Smart Horizon Capital Advisors Pvt Ltd
| March 31, 2025 | March 31, 2024 | March 31, 2023 | |
|---|---|---|---|
| Net Worth | ₹58.88 | ₹11.99 | ₹5.04 |
| Reserves and Surplus | ₹51.2 | ₹11.72 | ₹4.79 |
| Total Borrowing | ₹11.48 | ₹4.06 | ₹5.81 |
| Category | No. of shares offered | No. of shares bid | No. of subscribed |
|---|---|---|---|
| Qualified Institutional Buyers (QIBs) | 3,86,000 | 1,11,00,000 | 28.7565 |
| Non Institutional Investors (NIIs) | 2,94,000 | 6,86,85,000 | 233.6225 |
| NII(Bid amount of more than Ten Lakh Rupees) | 0 | 0 | 0 |
| NII(Bid amount of more than 2 Lakh < 10 Rupees) | 2,94,000 | 0 | 0 |
| Retail Individual Investors (RIIs) | 6,86,000 | 3,47,28,000 | 50.6239 |
| Total | 20,50,000 | 11,45,13,000 | 55.86 |
The infrastructure sector is a key driver of India’s economy, playing a crucial role in its overall growth and development.
A strong infrastructure network enhances productivity, facilitates trade, and attracts both domestic and foreign investments.
The Government actively prioritises infrastructure by implementing policies and initiatives that promote world-class developments within set timelines.
Major components of the sector include power, bridges, dams, roads, highways, and urban infrastructure, all of which contribute to economic progress.
Infrastructure development strengthens allied industries such as townships, housing, built-up infrastructure, and large-scale construction projects.
Improved infrastructure leads to better connectivity, reducing transportation costs and increasing the efficiency of supply chains.
The expansion of infrastructure creates employment opportunities, fostering economic inclusivity and supporting livelihood generation.
Modern infrastructure projects, including smart cities and renewable energy initiatives, contribute to sustainable development.
As India continues to urbanise, a robust infrastructure framework is essential for long-term economic resilience and prosperity.
Desco Infratech Ltd IPO is a SME IPO of 20,50,000 equity shares of a face value of ₹10 aggregating up to ₹30.75 Crores. The issue is priced at ₹147 to ₹150 per share. The minimum order quantity is 1000 Shares. The IPO opens on March 24, 2025, and closes on March 26, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.
The Desco Infratech Ltd IPO opens on March 24, 2025 and closes on March 26, 2025.
Desco Infratech Ltd lot size is 1000 shares, and the minimum amount required is ₹1,50,000.
You can apply in Desco Infratech Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:
• Login to Bajaj Broking account App/Website & click on IPO
• Enter the number of lots and price at which you wish to apply.
• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
• You will receive a mandate notification to block funds in your UPI app.
• Approve the mandate request on your UPI and funds will be blocked.
The finalization of Basis of Allotment for Desco Infratech Ltd IPO will be done on March 27, 2025, and the allotted shares will be credited to your demat account by March 28, 2025.
The Desco Infratech Ltd listing date is April 01, 2025.
The registrar of Desco Infratech Ltd IPO is Bigshare Services Pvt Ltd
Smart Horizon Capital Advisors Pvt Ltd will be the book-running lead manager of this IPO.
The fresh issue size is ₹30.75 Crores equity shares.
Retail investors can subscribe to a minimum of one lot, 1000 shares and ₹1,50,000 amount.
To apply for Desco Infratech Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.
The price of each Desco Infratech Ltd share will be ranging in between ₹147 to ₹150 per share.
The cut-off time for the UPI mandate confirmation is 5:00 PM, March 26, 2025.
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