Desco Infratech Ltd. IPO: Key Details

Our Company is engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.We engage in activities such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas(PNG) utilized by both domestic and commercial users. Our Operation and Maintenance services (“O&M Services”) encompass both underground and above ground gas pipeline work for carbon steel and MDPE pipelines. As part of our O&M Services, we conduct lock pressure and leak detection tests on MDPE pipelines to identify leaks and prevent significant natural gas losses and potential accidents resulting from these leaks. We maintain client dedicated emergency response vehicles designed to detect leaks and deter unauthorized access, addressing potential hazards proactively. When a situation arises, a specialized team comprising an engineer, technicians and support staff is mobilized to the location. This team takes safe and immediate action to assess the situation and implement necessary measures, ensuring a quick operational recovery and minimizing any uninterrupted gas supply.

Desco Infratech Ltd. IPO Details

IPO Date March 24, 2025 to March 26, 2025
Listing Date April 01 2025
Face Value ₹10 per share
Price Band ₹147 to ₹150 per share
Lot Size 1000 Shares
Total Issue Size 1473000 Shares
Issue Type Book building
Listing At BSE 
Share holding pre issue 4500000
Share holding post issue -

Desco Infratech Ltd. IPO Promoter Holding

The promoter of the company is Indiraben Pruthubhai Desai, Pankaj Pruthu Desai, Hina Pankaj Desai, Malhar P Desai, Samarth Pankaj Desai,

Share Holding Pre Issue 79.99%
Share Holding Post Issue

Desco Infratech Ltd. IPO Objectives

Our Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects: 1. Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat;2. Funding of capital expenditure requirements towards purchase of machineries;3. Funding Working Capital Requirements of our Company; and4. General corporate purposes.

Desco Infratech Ltd. IPO Prospectus

Desco Infratech Ltd. Lead Managers

  • Smart Horizon Capital Advisors Pvt Ltd.

Desco Infratech Ltd. IPO Contact Information

  • Gandharva Javanika
  • Phone: 91 7574 999 097
  • Email: investors@descoinfra.co.in

Desco Infratech Ltd. IPO Registrar

  • Name: Bigshare Services Pvt Ltd
  • Phone: +91-022-62638200
  • Email: Investor@bigshareonline.com