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 employees across various locations.
Competitive Strength:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 36.12 | 23.8 | 20.65 | 11.73 |
| Revenue | 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 | 3.6 |
| Total Borrowing | 6.82 | 4.06 | 5.81 | 3.09 |
| Amount in ₹ Crore | ||||
The market capitalization of Desco Infratech IPO is Rs 115.14 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 40.61% |
| ROCE | 75.97% |
| Debt/Equity | 0.34 |
| RoNW | 28.83% |
| PAT Margin | 11.76 |
| Price to Book Value | 6.22 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.15 | 8.81 |
| P/E (x) | 24.4 | 17.03 |
The Company Desco Infratech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat. | 10.43 |
| 2 | Funding of capital expenditure requirements towards purchase of machineries. | 16.8 |
| 3 | Funding Working Capital Requirements of the Company. | 180 |
| 4 | General Corporate Purposes. |
| IPO Date | March 24, 2025 to March 26, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹147 to ₹150 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 20,50,000 shares (aggregating up to ₹30.75 Cr) |
| Fresh Issue | 20,50,000 shares (aggregating up to ₹30.75 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 56,26,008 shares |
| Share Holding Post Issue | 76,76,008 shares |
| Market Maker Portion | 1,07,000 shares |
The promoters of the Company are Ms. Indiraben Pruthubhai Desai, Mr. Pankaj Pruthu Desai, Ms Hina Pankaj Desai, Mr. Malhar P Desai and Mr Samarth Pankaj Desai
| Share Holding Pre Issue | 78.29% |
| Share Holding Post Issue | 58.12% |
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