Desco Infratech IPO

Desco Infratech Ltd

₹1,47,000 /1000 sharesMinimum Investment

Desco Infratech IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹150.00₹160.00₹10.00 (6.67%)

Desco Infratech IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 Mar ‘25 - 26 Mar ‘25₹1,47,0001,000₹147 - ₹150
Issue SizeIPO Doc
30.75Cr
RHP PDF

Subscription rate

As of 26 Mar'25, 05:00 PM
Qualified Institutional Buyers28.76x
Non-Institutional Investor233.62x
Retail Individual Investor50.26x
Total55.74x

About Desco Infratech

Desco Infratech Limited is an infrastructure company engaged in providing installation, maintenance, and operational services for city gas distribution (CGD) networks in India. The company is involved in pipeline laying, installation, testing, commissioning, and ongoing maintenance for both underground and above-ground gas pipeline systems, including carbon steel and medium density polyethylene (MDPE) pipelines. Their services include leak detection, lock pressure testing, and emergency response for gas pipeline safety. Desco Infratech has also expanded its services to power infrastructure, including installation and commissioning of low-tension (LT) and high-tension (HT) cables, and water distribution projects involving HDPE pipeline installation, overhead tanks, and well systems. The company has also entered the renewable energy sector, providing foundational and structural support for solar installations. Desco Infratech operates across Gujarat, Haryana, Uttar Pradesh, and Punjab, acquiring projects through competitive bidding for government institutions, public sector enterprises, and private organisations.;
Founded in
2011
Managing director
Mr. Pankaj Pruthu Desai
Parent organisation
Desco Infratech Ltd

Strengths & Financials of Desco Infratech

Strengths
Risks
Desco Infratech has over a decade of experience in the city gas distribution sector, specialising in pipeline installation, maintenance, and safety compliance. It has expanded its services beyond gas distribution to include power infrastructure projects, such as LT and HT cable installations. The company also claims to be involved in water distribution projects, including pipeline installation, overhead tanks, and well construction.
The company claims to have direct relationships with suppliers. This direct sourcing model is intended to ensure better quality control, timely availability of raw materials, and improved operational efficiency in project execution.
The company claims to operate client-dedicated emergency response vehicles equipped for leak detection and prevention of unauthorised access. It also claims to have specialised teams, including engineers and technicians, ready to respond quickly to emergencies and ensure an uninterrupted gas supply.
The company claims to prioritise regulatory compliance and safety by providing personal protective equipment (PPE) such as helmets, reflector jackets, and other safety gear. It also claims to conduct regular training sessions to ensure that employees adhere to industry safety protocols.
Desco Infratech is ISO 9001:2015 certified for quality management systems.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 19.85 crore in FY22 to Rs 29.22 crore in FY23 to Rs 29.39 crore in FY24, while PAT increased from Rs 0.82 crore in FY22 to Rs 1.23 crore in FY23 to Rs 3.46 crore in FY24.

Desco Infratech Financials

Revenue
Total Assets
Profit
*All values are in Rs. Cr
19.8529.2229.39202220232024

Application Details of Desco Infratech IPO

Apply asPrice bandApply upto
Regular₹147 - 150₹2 Lakh
High Networth Individual₹147 - 150₹2 - 5 Lakh
For Desco Infratech IPO, eligible investors can apply as Regular.
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