Listed
Desco Infratech Limited IPO
Desco Infratech IPO is a book built issue of Rs 30.75 crores. The issue is entirely a fresh issue of 20.50 lakh shares. Desco Infratech IPO opens for subscription on March 24, 2025 and closes on March 26, 2025. The allotment for the Desco Infratech IPO is expected to be finalized on Thursday, March 27, 2025. Desco Infratech IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, April 1, 2025.
Min Investment
₹1,47,000
Lot Size
1000 Shares
Price Range
₹147.0 - 150.0
Issue Size (₹ Cr.)
₹30.75 Cr
IPO Type
SME
Key Metrics
Face Value
₹ 10 per share
GMP
Subscription
83.75x
EPS
₹ 8.81
P/E Ratio
17.03 x
RoNW
28.83%
ROE
40.61%
Debt to Equity (₹ Cr.)
0.3
Timeline
IPO Opened24/03/2025Monday
IPO Closed26/03/2025Wednesday
Allotted27/03/2025Thursday
Refunded28/03/2025Friday
Listed01/04/2025Tuesday
Strengths
- Strong Order Book – A well-diversified and growing order pipeline provides revenue visibility.
- Declining Debt-to-Equity Ratio – Improved financial leverage indicates better capital management.
- Industry Experience – Experienced management team with expertise in infrastructure development.
- Robust Client Base – Established relationships with government and private sector clients.
- Sector Growth Potential – Infrastructure development in India is a key growth driver.
- Efficient Execution Capability – Proven track record of completing projects on time and within budget.
Weaknesses
- Dependence on Government Contracts – A significant portion of revenue comes from government projects, which can be affected by policy changes and delays.
- Working Capital Intensive Business – High working capital requirements may strain liquidity.
- Competitive Industry – Faces competition from both established and emerging players in the infrastructure sector.
- Project Execution Risks – Delays due to regulatory approvals, raw material shortages, or labor issues can impact profitability.
- Fluctuating Profit Margins – Variability in raw material costs and contract pricing may affect earnings.
- Limited Geographical Presence – If operations are concentrated in specific regions, it may limit growth opportunities.
Financials
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets(₹Cr) | 36.12 | 23.8 | 20.65 | 11.73 |
| Revenue(₹Cr) | 22.75 | 29.49 | 29.28 | 19.92 |
| Profit After Tax(₹Cr) | 3.38 | 3.46 | 1.23 | 0.83 |
| Net Worth(₹Cr) | 22.67 | 11.99 | 5.04 | 3.85 |
| Reserves and Surplus(₹Cr) | 17.04 | 11.72 | 4.79 | 3.6 |
| Total Borrowing(₹Cr) | 6.82 | 4.06 | 5.81 | 3.09 |
Subscription Details
IPO Bidding Live Updates from BSE SME
| Day | # of Share Offered | Number of Lots Offered | 24/03/2025 | 25/03/2025 | 26/03/2025 |
|---|---|---|---|---|---|
| QIB | 3,86,000 | 386 | 0.00x | 0.98x | 28.76x |
| NII | 2,94,000 | 294 | 1.45x | 12.67x | 233.26x |
| RII | 6,86,000 | 686 | 0.79x | 9.33x | 50.62x |
| Total | 13,66,000 | 1366 | 0.71x | 7.69x | 83.75x |
IPO Bidding Live Number of Shares by Category
| Category | Number of Shares offered | Number of Shares Bid | Bid Amount(Rs Cr) | ||
|---|---|---|---|---|---|
| QIB | 3,86,000 | 1,11,00,000 | 166.50 | ||
| NII | 2,94,000 | 6,85,78,000 | 1,028.67 | ||
| RII | 6,86,000 | 3,47,28,000 | 520.92 | ||
| Total | 13,66,000 | 11,44,06,000 | 1,716.09 |
Company Details
- A-703, Swastik Universal, Next to Valentine Theatre, Dumas Road, Umra,
+91 7574 999 09
- investors@descoinfra.co.in
- https://www.descoinfra.co.in/
Registrar Details
- N/A
+91-22-6263 8200
- ipo@bigshareonline.com
- https://ipo.bigshareonline.com/IPO_Status.html
