Desco Infratech IPO opened for subscription on March 24, 2025, and will be closing soon on March 26, 2025. This is a Book Built Issue, with the company aiming to raise approximately ₹30.75 crore. The offering comprises a fresh issue of ₹30.75 crore, along with an offer for sale of [.] equity shares, each carrying a face value of ₹10.
The IPO price band has been set between ₹147 and ₹150 per share. The allocation includes 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for High Net-worth Individuals (HNIs). The allotment is expected to be finalised on March 27, 2025, and the IPO is scheduled to be listed on the BSE on April 1, 2025. Financially, Desco Infratech reported revenue of ₹29.49 crore in 2024, up from ₹29.28 crore in 2023, with a profit increase from ₹1.23 crore to ₹3.46 crore.
Desco Infratech IPO aims to raise ₹30.75 crore through a fresh issue of 20.50 lakh shares. Priced at ₹147-₹150 per share, it closes on March 26, 2025, with a BSE SME listing on April 1, 2025. Smart Horizon Capital Advisors manages the issue.
The table below breaks down the Desco Infratech share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Anchor Investor Shares | 5,77,000 (28.15%) |
| Market Maker Shares | 1,07,000 (5.22%) |
| QIB Shares | 3,86,000 (18.83%) |
| NII (HNI) Shares | 2,94,000 (14.34%) |
| Retail Shares | 6,86,000 (33.46%) |
Data Source: BSE-SME
| Category | Subscription (times) |
| Non Institutional Investors | 9.47 |
| Retail Individual Investors(RIIs) | 6.88 |
| Qualified Institutional Buyers | 0.98 |
| Total shares | 5.77 |
Note: The subscription details is as of March 25, 2025, 15.07 P.M
Desco Infratech Limited, founded in 2011 and based in Gujarat, specialises in infrastructure services for city gas distribution networks. The company focuses on pipeline installation, testing, commissioning, and maintenance of Piped Natural Gas (PNG) systems. It also provides Operation and Maintenance (O&M) services, including leak detection and emergency response.
Expanding its operations, Desco Infratech entered the power sector with Low and High Tension cable projects and ventured into water distribution infrastructure. A key achievement includes its involvement in the Gujarat Hybrid Renewable Energy Park. With a strong presence in multiple states, the company upholds quality standards through ISO 9001:2015 certification.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 25, 2025, 3:46 PM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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