Desco Infratech IPO Allotment Status

Summary

Desco Infratech Limited, incorporated in January 2011, is an infrastructure company focused on Engineering, Planning, & Construction, particularly in City Gas Distribution, Renewable Energy, Water, and Power sectors. The Desco Infratech IPO comes with a total issue size of ₹30.75 crore, comprising entirely a fresh issue of 20.50 lakh shares. The IPO opened on March 24, 2025, and closed on March 26, 2025. The allotment date for the Desco Infratech IPO is expected to be finalized on Thursday, March 27, 2025.
 

Steps to Check Desco Infratech IPO Allotment Status on Registrar Site

• Visit Bigshare Services Pvt Ltd website
• Select "Desco Infratech IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Desco Infratech IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Choose "Desco Infratech IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Desco Infratech IPO Subscription Status

Desco Infratech IPO received strong investor interest, being subscribed 83.75 times overall. Here is a category-wise breakdown of the subscription as of 6:19:32 PM on March 26, 2025:

• Retail Category: 50.62 times
• Qualified Institutional Buyers (QIB): 28.76 times
• Non-Institutional Investors (NII): 233.26 times

As of 6:19:32 PM
 

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Corporate Office: Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat
• Machinery Purchase: Funding of capital expenditure requirements towards purchase of machineries
• Working Capital Requirements: Funding working capital needs of the company
• General Corporate Purposes: Supporting various business initiatives

Business Overview 

The company specializes in developing and constructing pipelines, roads, bridges, and other critical structures, focusing strongly on City Gas Distribution (CGD), renewable energy, water management, and power infrastructure. Desco Infratech has expanded its operations across over 55 cities in 14 states, laying over 4,000 kilometres of Medium-Density Polyethylene (MDPE) pipelines and delivering over 200,000 piped natural gas connections, with a team of 234 employees across various locations.