Desco Infratech Limited, established in January 2011, is an infrastructure company based in Surat, Gujarat, specializing in Engineering, Planning, and Construction across sectors such as City Gas Distribution, Renewable Energy, Water, and Power. The company is launching its Desco Infratech Limited IPO with the following details:
IPO Details:
- Opening Date: March 24, 2025
- Closing Date: March 26, 2025
- Allotment Date: March 27, 2025
- Listing Date: April 1, 2025
- Issue Size: 20,50,000 equity shares of ₹10 each
- Price Band: ₹147 to ₹150 per share
- Lot Size: 1,000 Shares
- Listing Platform: BSE SME
The company’s promoters include Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthu Desai, Ms. Hina Pankaj Desai, Mr. Malhar P. Desai, and Mr. Samarth Pankaj Desai.
Financially, Desco Infratech reported revenues of ₹29.49 crores in 2024 and ₹29.28 crores in 2023, with profits of ₹3.46 crores and ₹1.23 crores for the respective years.
The IPO aims to fund capital expenditures for setting up a corporate office in Surat, Gujarat, and for purchasing machinery.
Smart Horizon Capital Advisors Private Limited is the book-running lead manager for the IPO, with Bigshare Services Pvt Ltd serving as the registrar.
Who is the Promoters of Desco Infratech Limited
The promoters of Desco Infratech Limited are:
- Ms. Indiraben Pruthubhai Desai
- Mr. Pankaj Pruthubhai Desai
- Ms. Hina Pankaj Desai
- Mr. Malhar P. Desai
- Mr. Samarth Pankaj Desai
These individuals play a key role in the company’s leadership and strategic direction.
Desco Infratech Limited IPO Lot Size
| Application | Lots | Shares | Investment Amount |
| Retail (Minimum) | 1 | 1,000 | ₹1,50,000 |
| Retail (Maximum) | 1 | 1,000 | ₹1,50,000 |
| HNI (Minimum) | 2 | 2,000 | ₹3,00,000 |
About Desco Infratech Limited
Desco Infratech Limited, established on January 19, 2011, is a private company based in Surat, Gujarat, India.
The company specializes in infrastructure projects across sectors such as City Gas Distribution, Renewable Energy, Water, and Power.
Over the years, Desco Infratech has expanded its presence to over 55 cities across 14 states, undertaking projects ranging from oil and gas infrastructure to water distribution and clean energy initiatives.
The company’s authorized share capital stands at ₹4.9 million, with a paid-up capital of ₹2.89 million.
The current board members include Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthubhai Desai, Ms. Hina Pramodchandra Naik, Mr. Malhar Pankajbhai Desai, and Mr. Samarth Pankaj Desai.
Desco Infratech is committed to sustainable energy solutions and has been actively involved in the Renewable Energy sector since 2024.
GMP of Desco Infratech Limited IPO
As of today, the Grey Market Premium (GMP) for Desco Infratech Limited’s Initial Public Offering (IPO) has not been established. The IPO is scheduled to open on March 24, 2025, and close on March 26, 2025.
GMP figures often become available closer to the IPO opening date. Investors are advised to monitor reliable financial sources for the most current GMP information as the IPO date approaches.
Desco Infratech Limited Returns
As of the latest available data, Desco Infratech Limited has reported the following financial figures:
| Financial Metric | Value |
| Authorized Share Capital | ₹9.00 crore |
| Paid-up Capital | ₹5.63 crore |
| Operating Revenue Range (FY 2022-2023) | ₹1 crore – ₹100 crore |
| EBITDA Growth (FY 2022-2023) | Increased by 46.49% over the previous year |
| Book Net Worth Growth (FY 2022-2023) | Increased by 35.43% |
Please note that specific figures for revenues and net profit have not been publicly disclosed. For more detailed financial information, including balance sheets and profit & loss accounts, you may refer to the company’s filings with the Ministry of Corporate Affairs (MCA).
Please note that financial figures are subject to change, and it’s advisable to consult the latest financial statements or official filings for the most current information.
Desco Infratech Limited Financial Information
Desco Infratech Limited, established on January 19, 2011, is a public unlisted company based in Surat, Gujarat, specializing in infrastructure projects across sectors such as City Gas Distribution, Renewable Energy, Water, and Power.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | Mar 2023 | 31 Mar 2022 |
| Assets | ₹36.12 Crores | ₹23.8 Crores | ₹20.65 Crores | ₹11.73 Crores |
| Revenue | ₹22.75 Crores | ₹29.49 Crores | ₹29.28 Crores | ₹19.92 Crores |
| Profit After Tax | ₹3.38 Crores | ₹3.46 Crores | ₹1.23 Crores | ₹0.83 Crores |
| Profit After Tax | ₹22.67 Crores | ₹11.99 Crores | ₹5.04 Crores | ₹3.85 Crores |
| Reserves and Surplus | ₹17.04 Crores | ₹11.72 Crores | ₹4.79 Crores | ₹3.6 Crores |
| Total Borrowing | ₹6.82 Crores | ₹4.06 Crores | ₹5.81 Crores | ₹3.09 Crores |
Financial Overview:
- Authorized Share Capital: ₹9.00 crore
- Paid-up Capital: ₹5.63 crore
- Operating Revenue Range (FY 2022-2023): ₹1 crore – ₹100 crore
- EBITDA Growth (FY 2022-2023): Increased by 46.49% over the previous year
- Book Net Worth Growth (FY 2022-2023): Increased by 35.43%
For more detailed financial information, including balance sheets and profit & loss accounts, you may refer to the company’s filings with the Ministry of Corporate Affairs (MCA).
Key Performance Indicator
| KPI | Values |
| ROE | 40.61% |
| ROCE | 75.97% |
| Debt/Equity | 0.34 |
| RoNW | 28.83% |
| PAT Margin | 11.76 |
| Price to Book Value | 6.22 |
Objects of the Issue Desco Infratech Limited IPO
Desco Infratech Limited’s Initial Public Offering (IPO) aims to raise funds for specific purposes, as outlined in their official filings. The primary objectives of the issue are:
- Setting Up a Corporate Office in Surat, Gujarat: Allocating funds toward capital expenditures for establishing a corporate office in Surat.
- Purchasing Machinery: Investing in machinery to enhance operational capabilities.
These initiatives are intended to support the company’s growth and operational efficiency.
Strengths of Desco Infratech Limited IPO:
- Established Industry Presence: Founded in 2011, Desco Infratech has over a decade of experience in infrastructure development, particularly in City Gas Distribution, Renewable Energy, Water, and Power sectors. This extensive experience underscores the company’s expertise and reliability in these domains.
- Diverse Service Portfolio: The company offers a comprehensive range of services, including pipeline laying, installation, testing, and commissioning of Piped Natural Gas (PNG) systems for both domestic and commercial consumers. This diversity enables Desco Infratech to cater to various market segments and reduce dependency on a single revenue stream.
- Geographical Reach: With operations spanning over 55 cities across 14 states in India, Desco Infratech has established a broad geographical footprint, enhancing its market presence and accessibility to a diverse clientele.
- Financial Performance: The company reported revenues of ₹29.49 crores in 2024, a slight increase from ₹29.28 crores in 2023. Notably, net profits saw significant growth, rising from ₹1.23 crores in 2023 to ₹3.46 crores in 2024, indicating improved profitability.
Risks of Desco Infratech Limited IPO:
- Dependence on Regulatory Policies: Operating in sectors like City Gas Distribution and Renewable Energy, Desco Infratech’s business is subject to government regulations and policies. Any adverse changes in these regulations could impact the company’s operations and profitability.
- Competitive Market: The infrastructure sector in India is highly competitive, with numerous players vying for market share. This competition could affect Desco Infratech’s ability to secure new projects and maintain profit margins.
- Project Execution Risks: Infrastructure projects often face challenges such as delays, cost overruns, and logistical issues. Any inefficiencies in project execution could adversely affect the company’s financial performance and reputation.
- Economic Sensitivity: The company’s performance is closely tied to the overall economic environment. Economic downturns or reduced infrastructure spending by the government could negatively impact Desco Infratech’s business prospects.
Investors are advised to carefully consider these factors and conduct thorough due diligence before participating in the IPO.
Desco Infratech Limited Contact Details
Desco Infratech Limited is headquartered in Surat, Gujarat. Here are the contact details:
- Registered Address: A-703, Swastik Universal, Next to Valentine Theatre, Dumas Road, Umra, Surat, Gujarat – 395007.
For more information about their services and projects, you can visit their official website:
Desco Infratech Limited IPO Registrar
The registrar for Desco Infratech Limited’s Initial Public Offering (IPO) is Bigshare Services Pvt Ltd. As the official registrar, they are responsible for managing the IPO process, including processing applications, allotment of shares, and handling investor grievances.
Registrar Contact Details:
- Company: Bigshare Services Pvt Ltd
- Phone: +91-22-6263 8200
For any queries or assistance regarding the IPO application process, investors can reach out directly to Bigshare Services Pvt Ltd using the contact information provided above.
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