Desco Infratech Limited
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Desco Infratech Limited's successfully completed its Initial Public Offering and commenced trading on Apr 01, 2025 at the BSE exchange. The company raised 20,50,000 Shares through this public offering, comprising 20,50,000 Shares in fresh capital.
The IPO was priced within the band of ₹147 to ₹150, with minimum application lots of 1000 shares. The offering attracted significant investor interest during its subscription period from Mar 24, 2025 to Mar 26, 2025.
Share allotment was finalized on Mar 27, 2025, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Desco Infratech Limited, founded in January 2011, is an infrastructure company specializing in engineering, planning, and construction. It focuses on City Gas Distribution (CGD), renewable energy, water management, and power infrastructure. The company takes on key projects like power transmission, water supply systems, and renewable energy solutions, along with building pipelines, roads, and bridges. With operations in over 55 cities across 14 states, Desco Infratech has laid more than 4,000 km of MDPE pipelines and provided over 200,000 piped natural gas connections to homes, businesses, and industries. It also designs and constructs water distribution networks, open wells, sump wells, and overhead tanks. As of December 31, 2024, the company had a team of 234 employees working across various locations.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Expertise in City Gas Distribution – Proven track record in developing, maintaining, and expanding CGD infrastructure across multiple states.
- Strong Leadership & Management – Led by experienced promoters and a skilled management team with deep industry expertise.
- Direct Supplier Relationships – Established direct connections with suppliers for cost-efficient and reliable procurement.
- Litigation Risks – Ongoing legal proceedings may impact the company’s business, reputation, and financial performance if outcomes are unfavorable.
- Dependence on Key Customers – Relying on a few major clients means losing any could significantly affect profitability and operations.
- Uncertainty in New Work Orders – Not securing or qualifying for new contracts could hinder business growth, cash flow, and financial stability.
- Ms. Indiraben Pruthubhai Desai
- Mr. Pankaj Pruthu Desai
- Ms Hina Pankaj Desai
- Mr. Malhar P Desai
- Mr Samarth Pankaj Desai
Desco Infratech Limited
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