When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.

Desco Infratech Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Desco Infratech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

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IPO Snapshot

Key metrics and details at a glance.

Price Band

₹150

Per Share

Lot Size

1000 Shares

Minimum Investment

₹1,50,000

Issue Size

₹30.75 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

35%

QIB Quota

50%

NII Quota

15%

IPO Timeline

Important dates for your applying strategy.

IPO Opens24 Mar

IPO Closes26 Mar

Basis of Allotment27 Mar

Refund Initiation28 Mar

Shares Credited28 Mar

Desco Infratech Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

79.29%

Promoter Holding (Post-Issue)

58.12%

Issue Type

Book Building - SME

ISIN

INE0TGG01014

About the Company

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.

Industry Overview

The infrastructure sector is a key driver of the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from the Government for initiating policies that would ensure the time-bound creation of world-class infrastructure in the country. The infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development. In other words, the infrastructure sector acts as a catalyst for India's economic growth as it drives the growth of the allied sectors like townships, housing, built-up infrastructure, and construction development projects.

Financial Performance

Revenue, profit after tax and total assets across the last 2 reported financial years.

Consolidated figures

Revenue GrowthProfit After Tax (PAT)Total Assets

Revenue

+99.5%vs FY25

Amount in ₹ crore

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offer of 20,50,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Desco Infratech Limited ("The Company" or "Desco" or "The Issuer") for cash at a price of Rs. 150/- per equity share including a share premium of Rs. 140/- per equity share (the "Issue Price") aggregating to Rs. 30.75 crores ("The Issue"), of which 1,07,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 150/- per equity share including a share premium of Rs. 140/- per equity share aggregating to Rs. 1.61 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 19,43,000 equity shares of face value of Rs. 10/- each at a price of Rs. 150/- per equity share including a share premium of Rs. 140/- per equity share aggregating to Rs. 29.14 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.71% and 25.31% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue price is 15.0 times the face value of the equity shares.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

StrengthsRisk Factors

Its expertise in city gas distribution sector and providing operations and maintenance services.
Direct Relationship with Suppliers.
Experienced promoters and management team.

Frequently Asked Questions

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.

Desco Infratech Ltd

Business model, operations, and market positioning.