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Open
24 Mar 2025
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Close
26 Mar 2025
3
Allotment
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Listing
Tue, Apr 1, 2025
Price Band
₹147 to ₹150
Issue Size
20,50,000 shares (agg. up to ₹31 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Apr 1, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
01-04-2025₹0Est. ₹150+0%
31-03-2025₹5.5Est. ₹155.5+3.67%
30-03-2025₹5Est. ₹155+3.33%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 58.99x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 36.12 | 23.80 | 20.65 | 11.73 |
| Total Income | 22.75 | 29.49 | 29.28 | 19.92 |
| Profit After Tax | 3.38 | 3.46 | 1.23 | 0.83 |
| NET Worth | 22.67 | 11.99 | 5.04 | 3.85 |
| Reserves and Surplus | 17.04 | 11.72 | 4.79 | 3.60 |
| Total Borrowing | 6.82 | 4.06 | 5.81 | 3.09 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Solarium Green Energy Ltd. | SME | ₹105.04 Cr | ₹191 | 18.81 | ₹211.90 | +10.94% | ₹175.90 (+0.40%) |
| H.M.Electro Mech Ltd. | SME | ₹27.74 Cr | ₹75 | 9.16 | ₹77.04 | +2.72% | ₹47.00 (-2.19%) |
| B.R.Goyal Infrastructure Ltd. | SME | ₹85.21 Cr | ₹135 | 10.8 | ₹142.50 | +5.56% | ₹129.15 (+0.82%) |
| NACDAC Infrastructure Ltd. | SME | ₹10.01 Cr | ₹35 | 47.78 | ₹69.82 | +99.49% | ₹23.72 (-6.91%) |
| Ganesh Infraworld Ltd. | SME | ₹98.58 Cr | ₹83 | 16.47 | ₹165.55 | +99.46% | ₹93.00 (+2.20%) |
| Lakshya Powertech Ltd. | SME | ₹49.80 Cr | ₹180 | 8.39 | ₹359.10 | +99.50% | ₹101.75 (-3.10%) |
| HVAX Technologies Ltd. | SME | ₹33.53 Cr | ₹458 | 9.97 | ₹490.35 | +7.06% | ₹695.00 (-1.97%) |
| Popular Foundations Ltd. | SME | ₹19.87 Cr | ₹37 | 15.97 | ₹37.07 | +0.19% | ₹31.00 (-3.73%) |
| Aesthetik Engineers Ltd. | SME | ₹26.47 Cr | ₹58 | 14.59 | ₹115.70 | +99.48% | ₹75.00 (+0.00%) |
| Sathlokhar Synergys E&C Global Ltd. | SME | ₹92.93 Cr | ₹140 | 9.35 | ₹247.00 | +76.43% | ₹312.00 (+0.00%) |
| V.L.Infraprojects Ltd. | SME | ₹18.52 Cr | ₹42 | 7.73 | ₹83.75 | +99.40% | ₹27.50 (+4.17%) |
| Winsol Engineers Ltd. | SME | ₹23.36 Cr | ₹75 | 12.19 | ₹383.25 | +411.00% | ₹117.45 (-3.61%) |
| Teerth Gopicon Ltd. | SME | ₹44.40 Cr | ₹111 | 49.55 | ₹131.25 | +18.24% | ₹23.95 (-3.62%) |
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹54.35 (-3.98%) |
| Capital Infra Trust | Mainboard | ₹1,578.00 Cr | ₹99 | null | ₹99.02 | +0.02% | ₹73.78 (+0.55%) |
| Afcons Infrastructure Ltd. | Mainboard | ₹5,430.00 Cr | ₹463 | 35.08 | ₹474.20 | +2.42% | ₹299.75 (+4.97%) |
| Deepak Builders & Engineers India Ltd. | Mainboard | ₹260.04 Cr | ₹203 | 12.06 | ₹161.95 | -20.22% | ₹7.69 (-3.84%) |
| Interarch Building Products Ltd. | Mainboard | ₹600.29 Cr | ₹900 | 15.04 | ₹1,196.45 | +32.94% | ₹1,842.20 (+0.13%) |
| Ceigall India Ltd. | Mainboard | ₹1,252.66 Cr | ₹401 | 20.67 | ₹386.75 | -3.55% | ₹341.40 (-2.79%) |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹493.20 (-0.76%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat. | 1.04 |
| 2 | Funding of capital expenditure requirements towards purchase of machineries. | 1.68 |
| 3 | Funding working capital requirements of the Company | 18.00 |
| 4 | General Corporate Purposes | 6.17 |
| 5 | Issue expenses | 3.85 |
| Total | 30.75 |
About Desco Infratech IPO
Incorporated in January 2011, Desco Infratech Limited is an infrastructure company focused on Engineering, Planning, & Construction, particularly in City Gas Distribution, Renewable Energy, Water, and Power sectors. The company operates across various sectors, including City Gas Distribution, Renewable Energy, Water, and Power. The company specializes in critical infrastructure projects, including city gas distribution (CGD), power transmission, water supply systems, and renewable energy solutions. The company specializes in developing and constructing pipelines, roads, bridges, and other critical structures, focusing strongly on City Gas Distribution (CGD), renewable energy, water management, and power infrastructure. The company has expanded its operations across over 55 cities in 14 states, laying over 4,000 kilometres of Medium-Density Polyethylene (MDPE) pipelines and delivering over 200,000 piped natural gas connections to residential, industrial, and commercial establishments. The company offers infrastructure services like designing and constructing water distribution networks, open wells, sump wells, and overhead tanks. As of December 31, 2024, the Company had 234 employee
Contact Details
Desco Infratech Ltd. AddressA-703, Swastik UniversalNext to Valentine Theatre, Dumas RoadUmraSurat, Gujarat, 395007+91 7574 999 09investors@descoinfra.co.inVisit Website