Basis Of Allotment

Desco Infratech Ltd.
Issue Open Date 24-Mar-25  
Issue Closing Date 26-Mar-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 147 - 150  
Minimum Bid Quantity. 1000  
Issue Size (Shares) 1473000  
Market Lot 1  
Objective :

Our Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects: 1. Funding of capital expenditure requirements towards setting up of corporate office in Surat, Gujarat;2. Funding of capital expenditure requirements towards purchase of machineries;3. Funding Working Capital Requirements of our Company; and4. General corporate purposes.

Business Description

Our Company is engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.We engage in activities such as pipeline laying, installati...

Promoter's Holding
Total Share Capital   4461000  
Offered to Public   1473000  
Promoter's Holding (Pre-Issue)   79.29  
Promoter's Holding (Post-Issue)   58.12  
Address
A-703
Swastik Universal
Next To Valentine Theatre
Dumas Road
Umra
Surat ,
Gujarat ,
395007
Phone : 07574 999 097
Email : investors@descoinfra.co.in
Website : www.descoinfra.co.in
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
Smart Horizon Capital Advisors Pvt Ltd.
Promoters
Hina Pankaj Desai
Indiraben Pruthubhai Desai
Malhar P Desai
Pankaj Pruthu Desai
Samarth Pankaj Desai

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BSE / NSE SEBI Registration No. INZ000279232, Depository Participant SEBI Registration No. – IN DP CDSL 132-2015
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