Desco Infratech Ltd’s Promising ₹30.75 Crore Offering

Published On: 23/03/20252.4 min read

Established in 2011, Desco Infratech Ltd. specializes in providing infrastructure and maintenance services, particularly in the City Gas Distribution (CGD) sector. The company’s core activities include pipeline laying, installation, testing, erection, and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial users. In recent years, Desco has diversified its services to encompass power distribution projects, water distribution networks, and renewable energy solutions, such as foundational support for solar energy projects. Operating across over 55 cities in 14 states, the company has laid more than 4,000 kilometers of MDPE pipelines and delivered over 200,000 piped natural gas connections.

​Desco Infratech Ltd

IPO Timeline

  • Bidding Dates: March 24, 2025, to March 26, 2025​

  • Allotment Finalization: March 27, 2025​

  • Initiation of Refunds: March 28, 2025​

  • Credit of Shares to Demat Accounts: March 28, 2025​

  • Listing Date: April 1, 2025​

Price Band and Lot Size

  • Price Band: ₹147 to ₹150 per share​

  • Lot Size: 1,000 shares​

  • Minimum Investment: ₹150,000​

Key Dates

  • IPO Opening Date: March 24, 2025​

  • IPO Closing Date: March 26, 2025​

  • Basis of Allotment: March 27, 2025

  • Refunds Initiated: March 28, 2025.

  • Shares Credited to Demat: March 28, 2025​

  • Listing Date: April 1, 2025​

Financials

Desco Infratech Ltd. has demonstrated consistent financial growth over the past three fiscal years:​

  • Revenue:

    • FY 2022: ₹19.85 crore​

    • FY 2023: ₹29.22 crore​

    • FY 2024: ₹29.39 crore​

  • Net Profit:

    • FY 2022: ₹0.83 crore​

    • FY 2023: ₹1.23 crore​

    • FY 2024: ₹3.46 crore

  • Net Worth:

    • FY 2022: ₹3.85 crore​

    • FY 2023: ₹5.04 crore​

    • FY 2024: ₹11.99 crore​

Strengths

  • Extensive Experience: Over a decade of expertise in city gas distribution and maintenance services.​

  • Diversified Portfolio: Expansion into power distribution, water infrastructure, and renewable energy sectors.​

  • Strong Client Relationships: Established partnerships with major industry players, ensuring a steady flow of projects.​

  • Quality Assurance: ISO 9001:2015 certification, reflecting a commitment to high-quality standards.​

Risks

  • Client Concentration: Dependence on a few key clients could impact revenue if contracts are not renewed.​

  • Regulatory Challenges: Operations are subject to various regulations, and non-compliance could lead to penalties.​

  • Market Competition: Intense competition in the infrastructure sector may affect profit margins.​

  • Project Delays: Potential delays in project execution could impact financial performance.​

IPO Anchor Investors Details

Details regarding anchor investors have not been disclosed as of now.​

IPO Promoter Holding Details

Promoter Name Pre-Issue Holding (%) Post-Issue Holding (%)
Ms. Indiraben Pruthubhai Desai Data Not Available Data Not Available
Mr. Pankaj Pruthu Desai Data Not Available Data Not Available
Ms. Hina Pankaj Desai Data Not Available Data Not Available
Mr. Malhar P Desai Data Not Available Data Not Available
Mr. Samarth Pankaj Desai Data Not Available Data Not Available

IPO Grey Market Premium (GMP)

As of now, there is no information available regarding the Grey Market Premium for Desco Infratech Ltd.’s IPO.​

Final Thoughts

Desco Infratech Ltd.’s upcoming IPO offers investors a chance to participate in a company with a solid track record in the infrastructure sector. With its diversified service offerings and consistent financial growth, the company is well-positioned for future expansion. Potential investors should carefully consider the strengths and risks associated with the IPO before making investment decisions.

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