IPO IPO-Synopsis
Desco Infratech Ltd

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Registered Office: A-703 Swastik Universal Next 2,Valentine Theatre Dumas Rd Umr , Surat - 395007 , Gujarat , India.
Phone : +91 7574 999 097   Fax:
Email :  investors@descoinfra.co.in  
Website :  www.descoinfra.co.in
Initial public offer of 20,50,000 equity shares of face value of Rs10/- each (the "Equity Shares") of Desco Infratech Limited ("The Company" or "Desco" or "The Issuer") for cash at a price of Rs150/- per equity share including a share premium of Rs140/- per equity share (the "Issue Price") aggregating to Rs30.75 crores ("The Issue"), of which 1,07,000 equity shares of face value of Rs10/- each for cash at a price of Rs150/- per equity share including a share premium of Rs140/- per equity share aggregating to Rs1.61 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 19,43,000 equity shares of face value of Rs10/- each at a price of Rs150/- per equity share including a share premium of Rs140/- per equity share aggregating to Rs29.14 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.71% and 25.31% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs10/- each. The issue price is 15.0 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Mar-25 26-Mar-25 Rs150.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 26.90
Smart Horizon Capital Advisors Pvt Ltd
Project Financed through Current Offer 30.75  
Post Issue Equity Share Capital 7.68  
Issue Price Rs150.00  
Projects
Funding of capital expenditure requirements towards setting up of corporate office inFunding working capital requirements of the company
Funding of capital expenditure requirements towards purchase of machineriesGeneral corporate purposes
Promoted By
Indiraben Pruthubhai Desai
Pankaj Pruthu Desai
Hina Pankaj Desai
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd