IPO

IPO Snapshot

Desco Infratech Ltd.

Issue Open Date	24-Mar-25
Issue Closing Date	26-Mar-25
Application Money	100
Allotment Money

Price Band ()	147 - 150
Minimum Bid Quantity.	1000
Issue Size (Shares)	1473000
Market Lot	1

Objective

Our Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects: 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 our Company and4. General corporate purposes.

Business Description

Our Company is engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.We engage in activities such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas(PNG) utilized by both domestic and commercial users. Our Operation and Maintenance services (“O&M Services”) encompass both underground and above ground gas...

Promoter's Holding

Total Share Capital	4461000
Offered to Public	1473000
Promoter's Holding (Pre-Issue)	79.29
Promoter's Holding (Post-Issue)	58.12

Address

Address :A-703
Swastik Universal
Next To Valentine Theatre
Dumas Road
Umra City :Surat, State :Gujarat Pincode :395007 Phone :07574 999 097 Email : investors@descoinfra.co.in Website : www.descoinfra.co.in

Registrar

Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai

Listed at

BSE

Lead Manager

Smart Horizon Capital Advisors Pvt Ltd.

Promoters

Hina Pankaj Desai
Indiraben Pruthubhai Desai
Malhar P Desai
Pankaj Pruthu Desai
Samarth Pankaj Desai