Open Date
24 Mar 2025
Close Date
26 Mar 2025
Listing Date
01 Apr 2025
Max Investment
₹1,50,000
Price Range
₹150 - ₹150
Lot Size
1000
IPO Size
₹30.75Cr
Exchange Symbols
Desco Infratech Ltd IPO
₹1,50,000
/ 1,000
Cutoff - Lot Size
Desco Infratech Ltd IPO
Infrastructure Developers & Operators
Mainboard|
₹1,50,000
/ 1,000
Cutoff - Lot Size
IPO Dates and Timelines
IPO Size
IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
5,77,000
-
QIB Shares Offered
9,63,000
50.0%
NII (HNI) Shares Offered
2,94,000
15.0%
Retails Shares Offered
6,86,000
35.0%
Total Shares Offered
20,50,000
-
Total Shares with Anchor Investor
15,40,000
100%
IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
1
1000
₹1,50,000
Retail (Max)
1
1000
₹1,50,000
S-HNI (Min)
2
2000
₹3,00,000
S-HNI (Max)
6
6000
₹9,00,000
B-HNI (Min)
7
7000
₹10,50,000
IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
79.29%
58.12%
Public Group
20.71%
41.88%
IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
IPO Peers
IPO Strengths & Risks
Strength
Risks
Its expertise in city gas distribution sector and providing operations and maintenance services.
Direct Relationship with Suppliers.
Experienced promoters and management team.
Standard Operating Procedures.
The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.IPO Registrars
Bigshare Services Pvt Ltd
Phone Number:
91-22-62638200
Email ID:
Website:
www.bigshareonline.com
Limited
The Company is mainly engaged in providing infrastructure and maintenance services to city gas distribution divisions in India. It engages in activities such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial users and in its operation and maintenance services. The Company has recently begun offering services in the power distribution projects relating to connectivity, commissioning, and erection of Low Tension (LT) and High Tension (HT) cables, in water distribution projects by offering by designing and constructing water distribution networks, open wells, sump wells, overhead tanks, and well systems and in the renewable energy sector by providing erection of reinforced concrete (RCC) piles for foundational and structural support, along with the installation of structures and solar modules for energy capture.
Contact Details
IPO Company Name:
Limited
Phone Number:
+91 7574 999 097
Email ID:
Website:
www.descoinfra.co.in
Address:
Surat, Gujarat
IPO Overview
: IPO Dates
The IPO opens for subscription on 24 Mar 2025, and closes on 26 Mar 2025. Investors will likely receive their allotment status updates on 27 Mar 2025. Those who get allotted shares can expect them credited to their Demat accounts by 28 Mar 2025. The shares will be officially listed on the stock exchange on 01 Apr 2025.
: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹150.0 and ₹150.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹30.75 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on 01 Apr 2025, which is when the shares start trading on the exchange.
: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately - crore.
How to Apply for IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for ?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 24 Mar 2025.
What is the close date of IPO?
- The closing date of IPO is 26 Mar 2025.
What is the issue size of IPO?
- The issue size of IPO is Rs Cr.
What is the lot size of IPO?
- The size per lot of IPO is 1000.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 27 Mar 2025.
What is the listing date of IPO?
- IPO will get listed on .
Who is the registrar of IPO?
- The registrar of IPO is Bigshare Services Pvt Ltd.
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