Desco Infratech IPO Opens Today: Key Details for Investors

Desco Infratech Limited's initial public offering (IPO) opened for subscription today, March 24, 2025, at 10:00 AM IST. The SME IPO aims to raise ₹30.75 crore through a fresh issue of 20.50 lakh equity shares. The price band is set at ₹147-150 per share, with a lot size of 1,000 shares. The issue will close on March 26, 2025. The company plans to list on the BSE SME platform on April 1, 2025. Allotment is expected to be finalized on March 27, 2025, with refunds and share credits to follow on March 28, 2025. The IPO proceeds will be used for setting up a corporate office in Surat, purchasing machinery, and meeting working capital requirements.

 

Source: Combined from BSE, NSE, and Company Website