₹ 150000
₹147- ₹150
1000
₹
-0
26 Mar 2025
Download28 Mar 2025
1 Apr 2025
Application Details
Desco Infratech IPO is a book built issue of Rs 30.75 crores. The issue is entirely a fresh issue of 20.50 lakh shares.
Desco Infratech IPO bidding opened for subscription on March 24, 2025 and will close on March 26, 2025. The allotment for the Desco Infratech IPO is expected to be finalized on Thursday, March 27, 2025. Desco Infratech IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, April 1, 2025.
Desco Infratech IPO price band is set at ₹147 to ₹150 per share. The minimum lot size for an application is 1000. The minimum amount of investment required by retail investors is ₹1,47,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,50,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹3,00,000.
About Desco Infratech Limited (SME IPO)
Incorporated in January 2011, Desco Infratech Limited is an infrastructure company specializing in engineering, planning, and construction across the City Gas Distribution, Renewable Energy, Water, and Power sectors. The company plays a vital role in critical infrastructure projects, including pipelines, roads, bridges, power transmission, water supply systems, and renewable energy solutions.
With a strong focus on City Gas Distribution (CGD), it has expanded its operations across 55 cities in 14 states, laying over 4,000 kilometres of Medium-Density Polyethylene (MDPE) pipelines and delivering more than 200,000 piped natural gas connections to residential, industrial, and commercial establishments. Additionally, Desco Infratech provides comprehensive infrastructure services, including the design and construction of water distribution networks, open wells, sump wells, and overhead tanks.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.