Issue Price
₹150
Per Share
GMP
NIL
Grey Market
Est. Listing
₹150
Expected Price
Min. Application
₹300,000
2 lots × 1000 shares
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:Extensive experience in city gas distribution and maintenance services.Experienced promoters and management team.Direct Relationship with Suppliers.SOPs are vital for city gas distribution contracting services.Adherence to Safety and Compliance Standards.
Desco Infratech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 107,000 | — | ₹1.61 Cr | — |
| TOTAL | 2,050,000 | 100.00% | ₹30.75 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹150,000 |
| Retail (Max) | 13 | 13,000 | ₹1,950,000 |
| sNII (Min) | 14 | 14,000 | ₹2,100,000 |
| bNII (Min) | 68 | 68,000 | ₹10,200,000 |
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 22.75 | 29.49 | 29.28 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 3.38 | 3.46 | 1.23 |
| Net Worth | 22.67 | 11.99 | 5.04 |
| Total Assets | 36.12 | 23.80 | 20.65 |
| Reserves & Surplus | 17.04 | 11.72 | 4.79 |
| Total Borrowings | 6.82 | 4.06 | 5.81 |