Desco Infratech Ltd IPO |
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.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 24-Mar-25 |
26-Mar-25 |
(Rs)147.00-150.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1000 Further Multiples of :1000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
| Smart Horizon Capital Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
30.14 |
|
| Post Issue Equity Share Capital |
7.68 |
|
| Issue Price |
(Rs)147.00 |
|
|