31 Mar 2022
Assets11.73
Total Income19.92
Profit After Tax0.83
NET Worth3.85
Reserves and Surplus3.60
Total Borrowing3.09
At a glance
Updated 2026-09-12The shares listed at ₹160.00, a 6.67% move from the issue price. Desco Infratech is a SME IPO with an issue size of ₹30.75 crore, proposed for listing on BSE SME. The offer opens on 24th Mar 2025 and closes on 26th Mar 2025. The issue structure includes a fresh issue of ₹29.15 crore. The current listing schedule points to 1st Apr 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹30.75 Cr
Fresh issue₹29.15 Cr
Face value₹10
Price band₹147.00–₹150.00
Allotment27th Mar 2025
Listing1st Apr 2025
Listing performance
Full performance ↗Issue price₹150.00
Listing price₹160.00
Current price—
Listing gain6.67%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹150.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th Mar 2025
Closes26th Mar 2025
Allotment27th Mar 2025
Refund28th Mar 2025
Demat28th Mar 2025
Listing1st Apr 2025
Subscription demand
Full bidding ↗Total83.75×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1000 | ₹150,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat. | ₹1.04 Cr |
| Funding of capital expenditure requirements towards purchase of machineries. | ₹1.68 Cr |
| Funding working capital requirements of the Company | ₹18.00 Cr |
| General Corporate Purposes | ₹6.17 Cr |
| Issue expenses | ₹3.85 Cr |
| Total | ₹30.75 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue22.75₹ Cr · -22.9% vs prior year
PAT3.38₹ Cr · -2.3% vs prior year
Assets36.12₹ Cr · +51.8% vs prior year
Net Worth22.67₹ Cr · +89.1% vs prior year
Borrowing6.82₹ Cr · +68.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets20.65
Total Income29.28
Profit After Tax1.23
NET Worth5.04
Reserves and Surplus4.79
Total Borrowing5.81
31 Mar 2024
Assets23.80
Total Income29.49
Profit After Tax3.46
NET Worth11.99
Reserves and Surplus11.72
Total Borrowing4.06
30 Sep 2024
Assets36.12
Total Income22.75
Profit After Tax3.38
NET Worth22.67
Reserves and Surplus17.04
Total Borrowing6.82
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 40.61% |
| ROCE | 75.97% |
| Debt / Equity | 0.34% |
| RoNW | 28.83% |
| PAT Margin | 11.76% |
| Price to Book Value | 6.22 |
Valuation & shareholding
Pre-IPO EPS6.15
Post-IPO EPS8.81
Pre-IPO P/E24.4
Post-IPO P/E17.03
Promoter holding pre79.29%
Promoter holding post58.12%
Market cap₹115.14 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Desco Infratech IPO | — | 17.03 x | — | — |
| Seemax Resources IPO | — | 27.73 x | — | — |
| Srinibas Pradhan IPO | — | 9.37 x | — | — |
| Valplast Technologies IPO | — | 17.34 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat. | ₹1.04 Cr |
| Funding of capital expenditure requirements towards purchase of machineries. | ₹1.68 Cr |
| Funding working capital requirements of the Company | ₹18.00 Cr |
| General Corporate Purposes | ₹6.17 Cr |
| Issue expenses | ₹3.85 Cr |
| Total | ₹30.75 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Smart Horizon Capital Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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