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Desco Infratech IPO is a book build IPO listing on BSE SME exchange. The company is based in Surat and caters to Infrastructure sector. Smart Horizon Capital Advisors Private is the merchant banker of Desco Infratech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2024.
Desco Infratech IPO open date is 24th April 2025 and close date is 26th April 2025. IPO Allotment Date is 27th March 2025 and Listing date is 1st April 2025.Desco Infratech IPO size is Rs 30.75 Cr. with IPO price of Rs 150.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Smart Horizon Capital Advisors Private Limited is the book-running lead manager of the Desco Infratech IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Desco Infratech IPO.
Desco Infratech IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Chanakya Opportunities Fund | 267,000.00 | ₹150.00 | ₹40,050,000.00 |
| Beacon Stone Capital | 176,000.00 | ₹150.00 | ₹26,400,000.00 |
| Nova Global Opportunities | 134,000.00 | ₹150.00 | ₹20,100,000.00 |
Desco Infratech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Desco Infratech IPO, based in Surat, operates in the Infrastructure sector with a focus on infrastructure and maintenance services for city gas/ power distribution, and water supply related services. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Desco Infratech IPO size is ₹ 30.75 Cr. Crores with fresh issue size of Rs 30.75 Cr. Crores and Offer for sale being Nil
The IPO allotment date for Desco Infratech IPO is expected to be 27th March 2025, after the finalization of basis of allotment. Investors can check Desco Infratech IPO allotment status on the registrars website, Bigshare Services Private Limited. Desco Infratech IPO refund dates are 28th March 2025.
Desco Infratech IPO is expected to be listed on 1st April 2025.
The upper price band for the Desco Infratech IPO is set at ₹ 150.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Desco Infratech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Desco Infratech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th April 2025. After submission, funds are blocked until the basis of allotment of Desco Infratech IPO is finalised.
The merchant banker for Desco Infratech IPO is Smart Horizon Capital Advisors Private Limited . Smart Horizon Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Desco Infratech IPO RHP for further details.
The registrar for Desco Infratech IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Desco Infratech IPO through their official website or helpline.
Desco Infratech IPO was subscribed 83.75 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 30.75 Cr.
Avg IPO Size (Sector Based)
:
₹ 27.63 Cr.
Sector: Infrastructure
SME IPO so far:
37
Merchant Banker:
Smart Horizon
SME IPO by BRLM so far:
4
City:
Surat
SME IPO so far:
40
Revenue (annualised):
₹ 45.50 cr.
PE
Ratio:
17.03x
Average Sector PE Ratio: 18.18x
Desco Infratech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Desco Infratech Financial Review Page
Merchant Banker(s) of Desco Infratech IPO: Smart Horizon Capital Advisors Private Limited
Desco Infratech IPO subscription was 83.75 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Desco Infratech IPO listed at a listing price of 160.00 against the offer price of 150.00.
The current market price of Desco Infratech is 217.00.
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