Desco Infratech Limited IPO has ₹8 Grey Market Premium as of March 21, 2025, with a price range of ₹147 to ₹150 per share. Offering lots of 1,000 shares, the subscription window is open from March 24 to March 26, 2025.
Desco Infratech Limited IPO GMP Today
The Grey Market Premium (GMP) for Desco Infratech Limited is ₹8 as of March 21, 2025. This assessment coincides with a price of ₹147 to ₹150 per share for the IPO.
Desco Infratech Limited IPO Review
Desco Infratech Limited has demonstrated strong financial growth, with total assets rising from ₹11.73 crore in March 2022 to ₹36.12 crore in September 2024. Revenue reached ₹22.75 crore for the six-month period ending September 2024, following ₹29.49 crore in the previous fiscal year.
The company’s profit after tax increased from ₹0.83 crore in March 2022 to ₹3.38 crore in September 2024. Net worth grew significantly to ₹22.67 crore, supported by rising reserves of ₹17.04 crore. Borrowings stood at ₹6.82 crore as of September 2024, reflecting the company’s expansion in infrastructure projects.
To get a full IPO review, click here, Desco Infratech IPO
Desco Infratech Limited IPO Date
Desco Infratech Limited will accept subscriptions from March 24 to March 26, 2025.
Desco Infratech Limited IPO Price
Desco Infratech Limited’s price range is ₹147 to ₹150 per share with a face value of ₹10 each.
Desco Infratech Limited
Desco Infratech Limited, incorporated in 2011, specializes in engineering, planning, and construction across City Gas Distribution, Renewable Energy, Water, and Power sectors. Operating in 55 cities across 14 states, it has laid over 4,000 km of pipelines and delivered 200,000+ piped natural gas connections.
How To Apply For Desco Infratech Limited IPO?
To apply for the Desco Infratech Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Desco Infratech Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Desco Infratech Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.