Desco Infratech IPO

Desco Infratech IPO

Desco Infratech IPO
Engineering - Construction
closed

81.92x

subscribed

₹1.47LMin. investment
  1. Pre-apply
    21 Mar
  2. Bid start
    24 Mar
  3. Bid end
    26 Mar
  4. Allotment
    27 Mar
  5. Release of funds
    28 Mar
  6. Demat transfer
    28 Mar
  7. Listing
    1 Apr

About Desco Infratech

SectorEngineering - Construction
Price range₹147 – ₹150
IPO type
SME
Lot size1000 shares
Issue size₹30Cr
Red Herring Prospectus
Read
Market Cap
₹115.14CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹29.39CrLower than sector avg
Growth rate3Y CAGR
13.98%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Irb Infrastructure Developers LtdIrb Infrastructure Developers Ltd
Revenue
Higher revenue means strong sales and good market demand
This IPO
₹29.39Cr
This sector
₹2,192.14Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹3.45Cr
This sector
₹92.75Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹115.14Cr
This sector
₹5,567.67Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
21.58
This sector
23.73
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.34
This sector
1.28
Compare with companies

Objectives

Working capital requirements
58.53%
Capital expenditure towards purchase of machineries
5.46%
Capital expenditure towards construction equipments
3.38%
General corporate purposes
Not assigned
Desco Infratech IPO is a key player in infrastructure, offering services for city gas distribution, pipeline laying, and maintenance. They also work in power, installing LT/HT cables, and water infrastructure, including distribution networks. The company has expanded into renewable energy, with projects like the Gujarat Hybrid Renewable Energy Park. Desco Infratech competes based on expertise, safety, and service quality, with successful projects across India. Its diverse portfolio highlights its growth and contribution to multiple sectors.

IPO Subscription Status

Date
QIB
NII
Retail
Total
24-Mar-25
0.98 times (X)
3.45 times (X)
2.81 times (X)
2.43 times (X)
25-Mar-25
0.98X
12.67X
9.33X
7.69X
26-Mar-25
28.76X
229.52X
48.58X
81.92X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Desco Infratech IPO ?

The issue size of the Desco Infratech IPO is 30 Cr.

What is 'pre-apply' for Desco Infratech IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Desco Infratech IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Application closed