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Infrastructure
Sub Sector: providing infrastructure and maintenance services to city gas distribution divisions
Exchange:
BSE
Emerge
Desco Infratech is engaged in providing infrastructure and maintenance services to city gas distribution divisions in India. Desco Infratech is engage in activities such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial users. Company's Operation and Maintenance services (“O&M Services”) encompass both underground and above ground gas pipeline work for carbon steel and MDPE pipelines. As part of their O&M Services, they conduct lock pressure and leak detection tests on MDPE pipelines to identify leaks and prevent significant natural gas losses and potential accidents resulting from these leaks. We maintain client dedicated emergency response vehicles designed to detect leaks and deter unauthorized access, addressing potential hazards proactively. When a situation arises, a specialized team comprising an engineer, technicians and support staff is mobilized to the location. This team takes safe and immediate action to assess the situation and implement necessary measures, ensuring a quick operational recovery and minimizing any uninterrupted gas supply. Desco Infratech has recently begun offering services in the power division, focusing on the installation, connectivity, commissioning, and erection of Low Tension (LT) and High Tension (HT) cables. These services ensure efficient power transmission and distribution across industrial, commercial, and residential applications. In the month of April, 2023, we received our first order from Amnex Infotechnologies Private Limited to provide services works for execution of works for connectivity and laying of double walt cable and HDPE pipes including cabling and termination works for Traffic Signal Lights in Surat under Smart City Scheme.
Bigshare Services Private Limited
Desco Infratech operates in Infrastructure and providing infrastructure and maintenance services to city gas distribution divisions. The Issue would be listed on SME. The registrar of the Issue is Bigshare Services Private Limited. The IPO type of Desco Infratech is Book Building Process and Object of issue is
Merchant Banker of Desco Infratech IPO is Smart Horizon Capital Advisors Private Limited
The DRHP (Draft Red Herring Prospectus) of Desco Infratech IPO was filed on 30 Sep 2024.
No, Desco Infratech IPO is not yet listed. See other upcoming SME IPOs here.
The IPO open date and IPO close date of Desco Infratech are not available now. You can apply in Desco Infratech IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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