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Desco Infratech Ltd. IPO Details

Initial Public Offerings (IPOs) allow you to invest in companies going public. Desco Infratech Ltd. goes public when it first sells its shares after being listed on BSE or NSE.

Desco Infratech Ltd.
IPO Date: Mar 24 to Mar 26 2025
Objective
Our Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
1. Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat;
2. Funding of capital expenditure requirements towards purchase of machineries;
3. Funding Working Capital Requirements of our Company; and
4. General corporate purposes.
IPO Details
Face Value ₹ 10.00 Per Share
Issue Size ₹ 21.65 - 22.10 Cr
Price Band ₹ 147.00 - ₹ 150.00 Per Share
Market LOT 1000 shares
Issue Type Book building
Business Description
Our Company is engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.We engage in activit

...

ies such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas(PNG) utilized by both domestic and commercial users. Our 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 our O&M Services, we 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. We maintain client dedicated 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 a quick operational recovery and minimizing any uninterrupted gas supply. Read More
Address
Address A-703, Swastik Universal Next To Valentine Theatre Dumas Road, Umra
City Surat
State Gujarat
Pincode 395007
Phone 07574 999 097
Email investors@descoinfra.co.in
Website www.descoinfra.co.in
About IPO
Listed At BSE
Lead Manager Smart Horizon Capital Advisors Pvt Ltd.
Promoters
Pankaj Pruthu Desai
Indiraben Pruthubhai Desai
Hina Pankaj Desai
Malhar P Desai
Samarth Pankaj Desai
Promoter's Holding
Registrar

Bigshare Services Pvt Ltd

91-022-62638200
Investor@bigshareonline.com
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Frequently asked questions

What is an IPO?

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

  • Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time
  • Growth Potential: Assessing future prospects based on the company's business model and market opportunities
  • Industry Peers: Comparing valuation metrics with similar companies in the same sector
  • Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

  • Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth
  • Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

  • Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits
  • Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums
  • Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

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Disclaimer

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