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desco infratech ltd

Desco Infratech Ltd

Issue
Opens On	Closes On
24-Mar-25	26-Mar-25

Money Payable On
Application	Allotment
147.00	0.00

Minimum Application for shares in Nos : 1000 Further Multiples of : 1000

Lead Managers to the Issue
Project Cost (₹.Cr)	0.00	Smart Horizon Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr)	30.14
Post Issue Equity Share Capital (₹.Cr)	7.68
Issue Price (₹)	147.00

Projects

Funding of capital expenditure requirements towards setting up of corporate office in

Funding of capital expenditure requirements towards purchase of machineries

Funding working capital requirements of the company

General corporate purposes

Promoted By

Indiraben Pruthubhai Desai

Pankaj Pruthu Desai

Hina Pankaj Desai

Listing At

BSE - SME

Registrar to the Issue

No Data Available

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 upto 20,50,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Desco Infratech Limited ("The Company" or "Desco" or The "Issuer") for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the "Issue Price") aggregating to Rs. [*] crores ("The Issue"), of which upto 1,07,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] 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 upto 19,43,000 equity shares of face value of Rs. 10/- each at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] 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. Price Band: Rs. 147 to Rs. 150 per equity share of face value of Rs. 10 each. The floor price is 14.7 times of the face value and the cap price is 15 times of the face value. Bids can be made for the minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.