The Desco Infratech IPO Subscription is open from 24 to 26 March 2025. As of 25 March 2025, the SME IPO is 7.69x subscribed overall, with 9.33x in Retail, 12.67x in NII, and 0.98x in QIBs.
The company aims to raise ₹30.75 Crores through a price band of between ₹147 to ₹150 per share, allocating 35% to Retail, 50% to QIBs, and 15% to NIIs, with a minimum lot size of 1,000 shares (₹1,50,000).
As the deadline nears, all eyes are on whether Desco Infratech IPO can leverage its upcoming (IPO listing at) listing to rally momentum.
Desco Infratech SME IPO Subscription Status
| Investor Category | Times Subbed | Shares Offered | Shares Bid for | Total Amount (₹ Cr.) | Total Application |
|---|---|---|---|---|---|
| Anchor Investors | 1 | 5,77,000 | 5,77,000 | ₹8.655 | – |
| Market Maker | 1 | 1,07,000 | 1,07,000 | ₹1.61 | – |
| Qualified Institutions | 0.98 | 3,86,000 | 3,80,000 | ₹5.70 | 0 |
| Non-Institutional Buyers | 12.67 | 2,94,000 | 10,14,000 | ₹55.89 | 0 |
| Retail Investors | 9.33 | 6,86,000 | 19,30,000 | ₹95.96 | 0 |
| Total | 7.69 | 13,66,000 | 1,05,03,000 | ₹157.55 | 7,128 |
Desco Infratech SME IPO Subscription Status (Day-wise)
| Day | Date | QIB | NII | RII | Total |
|---|---|---|---|---|---|
| 1 | 24 March 2025 | 0.98x | 3.45x | 2.81x | 2.46x |
| 2 | 25 March 2025 | 0.98x | 12.67x | 9.33x | 7.69x |
Desco Infratech SME IPO Bidding Number of Shares by Category
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor Investor | 5,77,000 | ₹8.66 | 28.15% |
| Market Maker | 1,07,000 | ₹1.61 | 5.22% |
| QIB | 3,86,000 | ₹5.79 | 18.83% |
| NII | 2,94,000 | ₹4.41 | 14.34% |
| Retail | 6,86,000 | ₹10.29 | 33.46% |
| Total | 20,50,000 | ₹30.75 | 100% |
Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Desco Infratech IPO Dates
| IPO Open Date: | 24 March 2025 |
| IPO Close Date: | 26 March 2025 |
| Basic of Allotment: | 27 March 2025 |
| Refund: | 28 March 2025 |
| Credit of Shares to Demat Account: | 28 March 2025 |
| IPO Listing Date: | 1 April 2025 |
Desco Infratech IPO Details
| IPO Open Date: | 24 March 2025 |
| IPO Close Date: | 26 March 2025 |
| Listing Date: | 1 April 2025 |
| Face Value: | ₹10 Per Equity Share |
| Listing Date: | ₹147 to ₹150 Per Share |
| Lot Size: | 1,000 Shares |
| Issue Type: | Book-Built Issue |
| IPO Listing At: | BSE SME |
| Total Issue Size: | 20,50,000 Shares (Approx ₹30.75 Cr.) |
| Fresh Issue: | 20,50,000 Shares (Approx ₹30.75 Cr.) |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII (HNI) Quota: | Not more than 15% |
| Promoter Holding Pre IPO: | 79.29% |
| Promoter Holding Post IPO: | 58.12% |
About Desco Infratech Limited
Established in January 2011, Desco Infratech Limited is a leading infrastructure firm specializing in engineering, planning, and construction across critical sectors: City Gas Distribution (CGD), Renewable Energy, Water, and Power.
Core Services:
- Design, construction, and maintenance of pipelines, roads, bridges, and water distribution networks.
- Installation, testing, and commissioning of Piped Natural Gas (PNG) systems for residential, commercial, and industrial users.
- Operation & Maintenance (O&M): Comprehensive underground/above-ground gas pipeline services, including leak detection and pressure testing to ensure safety.
- Renewable energy solutions, including solar installations and structural projects.
- Power infrastructure development, focusing on LT/HT cable installation and connectivity.
Key Achievements:
- Operations span 55+ cities across 14 states, with 4,000+ km of MDPE pipelines laid and 200,000+ PNG connections delivered.
- Expanded into water infrastructure with projects like HDPE pipeline installations in Jhabua, Madhya Pradesh, and the construction of wells and overhead tanks.
- Entered the power sector in 2023, securing its first project for traffic signal cabling in Surat.
- Executed renewable energy initiatives at the Gujarat Hybrid Renewable Energy Park, involving solar module setups and structural installations.
Workforce & Approach:
- Employs 234 professionals (as of December 2024) across multiple locations.
- Prioritizes safety and efficiency through rigorous testing, emergency response teams, and transparent competitive bidding processes.
- Collaborates with government institutions, PSUs, and private enterprises to deliver reliable, scalable infrastructure solutions.
Desco Infratech Limited remains committed to advancing India’s energy, water, and urban development needs through innovation and operational excellence.
Desco Infratech IPO Subscription FAQs
What is the current Desco Infratech IPO subscription status?
As of 25 March 2025, the Desco Infratech IPO Subscription is 7.69x overall, with Retail investors at 9.33x, NIIs at 12.67x, and QIBs at 0.98x.
When is the subscription window for the Desco Infratech IPO?
The Desco Infratech IPO subscription period began on 24 March 2025 and will close on 26 March 2025.
What is the price band and minimum investment required?
The Desco Infratech IPO price band is set between ₹147 to ₹150 per share. Investors must purchase a minimum lot of 1,000 shares, amounting to an application of ₹1,50,000.
How is the IPO allotment distributed among investors?
The Desco Infratech SME IPO is structured with a 35% allocation for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (NII).