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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Desco Infratech Ltd
Registered Office: A-703 Swastik Universal Next 2, Valentine Theatre Dumas Rd Umr, Surat - 395007, Gujarat
Phone: 1
Email: 1
Website: 1
Initial public offer of 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. 150/- per equity share including a share premium of Rs. 140/- per equity share (the "Issue Price") aggregating to Rs. 30.75 crores ("The Issue"), of which 1,07,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 150/- per equity share including a share premium of Rs. 140/- per equity share aggregating to Rs. 1.61 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 19,43,000 equity shares of face value of Rs. 10/- each at a price of Rs. 150/- per equity share including a share premium of Rs. 140/- per equity share aggregating to Rs. 29.14 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. The face value of equity shares is Rs. 10/- each. The issue price is 15.0 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
24-Mar-2025 26-Mar-2025 150.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 26.90
Project Financed through Current Offer 30.75
Post Issue Equity Share Capital 7.68
Issue Price 150.00
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
BSE - SME
Registrar to the Issue
Attention Investor
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