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15 Days Price Change

Desco Infratech IPO

Closing In

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Profile
Issue Size --
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Price Range 147  to  150 per share
Profile
Min Investment ₹150
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Desco Infratech Limited, established in January 2011, is a prominent infrastructure company headquartered in Surat, Gujarat. The company specializes in providing infrastructure and maintenance services to city gas distribution divisions across India. Their expertise encompasses pipeline laying, installation, testing, erection, and commissioning of Piped Natural Gas (PNG) for both domestic and commercial users. Additionally, Desco Infratech offers Operation and Maintenance (O&M) services for underground and above-ground gas pipelines, ensuring safety and efficiency in gas distribution. In recent years, Desco Infratech has expanded its services to the power sector, focusing on the installation, connectivity, commissioning, and erection of Low Tension (LT) and High Tension (HT) cables. This diversification aims to enhance power transmission and distribution across various applications. The company has demonstrated significant growth, with a track record of over 200 completed projects and more than 65 ongoing projects. Their commitment to excellence is further evidenced by a team of over 300 qualified staff members and recognition through 15+ awards. Desco Infratech continues to prioritize safety, innovation, and client satisfaction, positioning itself as a leader in sustainable infrastructure development. Read More

Basic Info

Face Value 10 per share

Price 147  to  150 per share

P/E (x) 9.3

Sales( Cr.) 59

PAT( Cr.) 9

EPS 16.1

Draft Prospectus --

Exchange BSE-SME

Promoter

Company Promoters

Ms. Indiraben Pruthubhai Desai Mr. Pankaj Pruthu Desai Ms Hina Pankaj Desai Mr. Malhar P Desai

Pre Issue Share Holding 79.29%

Post Issue Share Holding 58.12%

Listing Details:

Listing Price: 160

Listing Gain: 6.25%

Current Price: 223.1

Gain On Issue: 223.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Mar 24, 2025
Closing Date Mar 26, 2025
Allotment Mar 27, 2025
Refund Mar 28, 2025
Delivery of Shares Mar 28, 2025
Listing Date Mar 31, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1000 150,000
Retail (Max) 1 1000 150,000
S-HNI (Min) 2 2000 300,000
S-HNI (Max) 6 6000 900,000
B-HNI (Min) 7 7000 1,050,000

Objective of the Issue

1. Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat. 2. Funding of capital expenditure requirements towards purchase of machineries. 3. Funding Working Capital Requirements of the Company. 4. General Corporate Purposes.

Issue

Category Nos Bid Bid (x)
QIB 1025000 29479000 28.8x
NII 307500 71727450 233.3x
Retail 717500 36319850 50.6x
EMP 0 0 0x
Total 2050000 171687500 83.8x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Desco Infratech Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 20 29 29 59
Other Income 0 0 0 0
Total Income 20 29 29 60
Total Expenditure 18 27 24 46
Operating Profit 2 2 6 14
Interest 0 0 1 1
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 1 2 5 12
Provision for Tax 0 1 2 3
Profit After Tax 1 1 3 9
Adjustments 0 0 0 0
Profit After Adjustments 1 1 3 9
Adjusted Earnings Per Share 1.8 2.7 6.9 11.8

Desco Infratech Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 4 5 12 59
Minority's Interest 0 0 0 0
Borrowings 1 3 2 4
Other Non-Current Liabilities 0 0 0 0
Total Current Liabilities 7 13 10 20
Total Liabilities 12 21 24 82
Fixed Assets 1 1 1 2
Other Non-Current Assets 0 1 1 2
Total Current Assets 10 19 21 79
Total Assets 12 21 24 82

Desco Infratech Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0
Cash Flow from Operating Activities 0 -2 -0 -12
Cash Flow from Investing Activities -0 -1 -1 -1
Cash Flow from Financing Activities -0 2 1 44
Net Cash Inflow / Outflow -0 -0 0 31
Closing Cash & Cash Equivalent 0 0 0 31

Desco Infratech Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.83 2.73 6.92 11.8
CEPS(Rs) 2.14 3.06 7.23 12.08
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 8.56 11.19 23.98 76.7
Core EBITDA Margin(%) 8.35 7.51 18.93 22.91
EBIT Margin(%) 7.97 7.2 18.74 22.86
Pre Tax Margin(%) 6.06 5.95 16.94 20.34
PAT Margin (%) 4.16 4.2 11.76 15.24
Cash Profit Margin (%) 4.85 4.71 12.3 15.6
ROA(%) 7.04 7.59 15.58 17.07
ROE(%) 21.43 27.62 40.61 25.56
ROCE(%) 22.81 23.67 40.94 31.45
Receivable days 130.77 131.95 178.71 86.33
Inventory Days 6.36 4.36 7.37 11.16
Payable days 97.19 101.9 140.17 326.92
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.16 0.2 0.14 -0.2
EV/Core EBITDA(x) 1.83 2.61 0.7 -0.87
Net Sales Growth(%) 0 47.2 0.59 102.25
EBIT Growth(%) 0 33 161.66 146.72
PAT Growth(%) 0 48.73 181.78 161.92
EPS Growth(%) 0 48.73 153.58 70.62
Debt/Equity(x) 0.8 1.15 0.34 0.19
Current Ratio(x) 1.59 1.47 2.08 3.96
Quick Ratio(x) 1.54 1.45 2 3.82
Interest Cover(x) 4.17 5.76 10.42 9.09
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 103% 43% 0% 0%
Operating Profit CAGR 133% 91% 0% 0%
PAT CAGR 200% 108% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -2% NA% NA% NA%
ROE Average 26% 31% 29% 29%
ROCE Average 31% 32% 30% 30%

Company Contact Information

Desco Infratech Ltd.

A-703, Swastik Universal Next To Valentine Theatre Dumas Road, Umra

IPO Lead Manager(s)

Desco Infratech Ltd.

Smart Horizon Capital Advisors Pvt Ltd.

Registrar Info

Desco Infratech Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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