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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹30.75 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹30.75 Cr |
| Fresh Issue | ₹29.15 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹147.00-150.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544387 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Smart Horizon Capital Advisors... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in January 2011, Desco Infratech Limited is an infrastructure company focused on Engineering, Planning, & Construction, particularly in City Gas Distribution, Renewable Energy, Water, and Power sectors.
The company operates across various sectors, including City Gas Distribution, Renewable Energy, Water, and Power.
The company specializes in critical infrastructure projects, including city gas distribution (CGD), power transmission, water supply systems, and renewable energy solutions.
The company specializes in developing and constructing pipelines, roads, bridges, and other critical structures, focusing strongly on City Gas Distribution (CGD), renewable energy, water management, and power infrastructure.
The company has expanded its operations across over 55 cities in 14 states, laying over 4,000 kilometres of Medium-Density Polyethylene (MDPE) pipelines and delivering over 200,000 piped natural gas connections to residential, industrial, and commercial establishments.
The company offers infrastructure services like designing and constructing water distribution networks, open wells, sump wells, and overhead tanks.
As of December 31, 2024, the Company had 234 employees across various locations.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat. | 1.04 |
| 2 | Funding of capital expenditure requirements towards purchase of machineries. | 1.68 |
| 3 | Funding working capital requirements of the Company | 18.00 |
| 4 | General Corporate Purposes | 6.17 |
| 5 | Issue expenses | 3.85 |
| Total | 30.75 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 36.12 | 23.80 | 20.65 | 11.73 |
| Total Income | 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 |
| Reserves and Surplus | 17.04 | 11.72 | 4.79 | 3.60 |
| Total Borrowing | 6.82 | 4.06 | 5.81 | 3.09 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 40.61% |
| ROCE | 75.97% |
| Debt / Equity | 0.34% |
| RoNW | 28.83% |
| PAT Margin | 11.76% |
| Price to Book Value | 6.22 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 6.15 | 8.81 |
| P/E (x) | 24.4 | 17.03 |
| Promoter Holding | 79.29% | 58.12% |
| Market Cap | ₹115.14 Cr. | |
