Desco Infratech Limited
- Minimum Investment₹1,47,000
- Price Range₹147 - ₹150
- Issue Size₹30.75 Cr
- Lot Size1000 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
Funding of capital expenditure requirements towards setting up a corporate office in Surat, Gujarat
Funding of capital expenditure requirements towards the purchase of machinery
Funding working capital requirements of the company
General corporate purposes
Strengths & Weaknesses of Desco Infratech Limited
Experienced player
Established in 2011, the company has extensive experience in city gas distribution, specializing in pipeline laying, installation, testing, and commissioning. With a strong grasp of industry regulations, it ensures safe, efficient project execution while maintaining compliance and minimizing risks
Relationship with suppliers
The company has direct relationships with suppliers, reducing procurement costs, improving quality control, and eliminating middlemen. Its experienced management team ensures transparent terms and fosters reliable partnerships
Safety & compliance standards
The company ensures strict compliance with industry standards, regulations, and safety protocols. It promotes a strong safety culture through training, clear communication, and protective gear, minimizing risks and maintaining accountability in operations
Dependent on gas distribution network
The company primarily generates revenue from city gas distribution projects and operations & maintenance services. Any disruption in these services could significantly impact its business, financial performance, and operations
Litigation risks
The company executes on-site projects involving contractual labor, either directly or through clients. Changing labor regulations may lead to potential labor litigations
Client-favoured contracts
The company's work orders are typically standard and client-favoured, allowing premature termination under circumstances beyond its control, limiting negotiation flexibility, and potentially imposing onerous terms
Financials
Earnings Per Share
No Data
Balance Sheet
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Cash Flow
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About Desco Infratech Limited
- PromoterIndiraben Pruthubhai Desai
- PromoterPankaj Pruthu Desai
- PromoterHina Pankaj Desai
- PromoterMalhar P Desai
- PromoterSamarth Pankaj Desai