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  3. Desco Infratech IPO
Desco Infratech logo

Desco Infratech

Listed
Listed

IPO Timeline

Issue open date

24 Mar 2025

Issue close date

26 Mar 2025

UPI mandate deadline

26 Mar 2025

Allotment finalization

27 Mar 2025

Refund initiation

28 Mar 2025

Share credit

28 Mar 2025

Listing date

1 Apr 2025

Mandate end date

10 Apr 2025

Lock-in end date for anchor investors (50%)

26 Apr 2025

Lock-in end date for anchor investors (remaining)

25 Jun 2025

Key Dates

Open
24 Mar 2025
Close
26 Mar 2025
Listing
1 Apr 2025

Quick Stats

Issue Size:31cr
Lot Size:1000 shares

About the Company

Incorporated in 2011, Desco Infratech Limited provides infrastructure services focused on City Gas Distribution (CGD), renewable energy, water supply systems, and power infrastructure. The company is involved in activities such as pipeline laying, installation, and commissioning, as well as water distribution projects. Operating in over 55 cities across 14 states, it has laid over 4,000 kilometres of MDPE pipelines and delivered over 200,000 piped natural gas connections. The company also offers power transmission and renewable energy services, ensuring high-quality standards with ISO 9001:2015 certification.

Strengths

  • Extensive experience in city gas distribution and maintenance services since 2011.
  • Direct relationships with suppliers to reduce procurement costs and ensure quality.
  • Experienced promoters and management team driving growth and strategy.
  • Structured Standard Operating Procedures (SOPs) ensuring consistency and safety.
  • Strict adherence to safety and compliance standards in all operations.

Risks

  • Pending litigation may adversely affect business and reputation.
  • Failure to secure new work orders may harm business and cash flows.
  • Heavy reliance on key customers may impact profitability if lost.
  • Financing agreements have restrictive covenants affecting operational flexibility.
  • Funds raised through the issue are not monitored by an independent agency.
  • Foreign investment restrictions may limit investor attraction.

Desco Infratech IPO – Frequently Asked Questions

  • The price band for the Desco Infratech IPO is set at ₹147 to ₹150 per share.
  • The Desco Infratech IPO opens on March 24, 2025 and closes on March 26, 2025.
  • The tentative listing date for the Desco Infratech IPO is April 1, 2025.
  • You can apply for the Desco Infratech IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Desco Infratech, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Desco Infratech IPO is 1000 shares. Investors must apply for at least one lot (i.e., 1000 shares).