Desco Infratech IPO Allotment

Desco Infratech IPO Allotment Finalized: Check Your Status Online

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Desco Infratech IPO, Desco Infratech Limited has concluded its Initial Public Offering, which was open for subscription from March 24 to March 26, 2025. With the allotment of shares completed, those who had participated in the IPO are keen to know whether or not they have received the allotted shares. The Desco Infratech IPO Allotment has been receiving a lot of interest in the market and as usual, the demand has been high for the same.

Desco Infratech IPO Overview

City Gas Distribution (CGD), Renewable Energy (Wind and Solar), Water Supply Systems, Power infrastructure are the diversified business units of Desco Infratech. The company has developed key projects in urban and rural India across the service of piped natural gas and electricity. The Desco Infratech IPO, that which was open for toppers from March 24 to March 26, 2025, was oversubscribed confirming that there is severe investor confidence in the company’s fortune.

Desco Infratech IPO Allotment Status

The Desco Infratech IPO basis of allotment was finalised on March 27, 2015. The Canara Bank stock can be checked through various online platforms for status of allotment of shares amongst the investors who had applied for shares in the IPO. This will help investors to easily know whether they have been allocated the shares they requested.

How to Check Desco Infratech IPO Allotment Status

The Bombay Stock Exchange (BSE) website and Bigshare Services are the two major platforms where investors can check their allotment status of Desco Infratech IPO. They facilitate tracking of investors’ IPO allotment status.

1. Checking on the BSE Website

Checking the status of Desco Infratech IPO allotment status is easy with the help of the BSE (Bombay Stock Exchange) website. To do so, follow these steps:

  • Go to the IPO allotment status page of BSE’s website.
  • Select “Equity” under the “Issue Type” option.
  • Under the column “Issue Name,” select Desco Infratech Ltd from the dropdown list.
  • You should enter your application number or Permanent Account Number (PAN).
  • Once you have filled in all the details you need to click on the button ‘Submit’.

It will then display your allotment status. The details will be reflected on the screen if you have been allotted shares. If you have not, then it will return a message reminding that no shares are allocated to your account.

2. Checking on Bigshare Services Portal

The registrar for the Desco Infratech IPO is Bigshare Services Pvt Ltd. Checking your allotment status through Bigshare Services is as follows:

  • To check the Bigshare IPO status, visit the Bigshare IPO status page.
  • Select “Desco Infratech IPO” from the dropdown menu under the “Issue Name.”
  • How can you check your status? You can do by entering one of the mentioned below details: PAN Number, Beneficiary ID or Application Number (CAF No.).
  • On filling all the necessary details, you are free to click on the “Search” button.

IPO allotment status will be posted on the portal. Allred Shareholders shall use the portal to know the number of shares allotted to him.

Desco Infratech IPO Subscription Details

The Desco Infratech IPO was subscribed 332.14 times. It shows that the Desco Infratech shares are in high demand in the market as the issue was subscribed 83.75 times. The fold of the subscription details:

  • The NII portion was subscribed 171.28 times.
  • The retail category was subscribed 50.62 times.
  • The QIB portion was subscribed 28.76 times.

Demand for this stock from all the categories of investors is very high, which is a good indicator for the future of Desco Infratech in the market.

Grey Market Premium (GMP) and Listing Expectations

At a Grey Market Premium (GMP) of ₹ 12, Desco Infratech shares had been trading before the allotment. The GMP is an indication for the listing price and is supposed to show the expectation of the IPO performance post listing. The share of Desco Infratech are likely to list at ₹162 per share, some 8% higher than the issue price of ₹150 is what a ₹12 GMP suggests.

The listing on BSE SME platform is expected to happen on April 1, 2025, by Desco Infratech. With such strong demand seen during IPO subscription period and positive GMP, investors’ interest will be heightened on how the shares will perform on the listing day.

Company’s Business Overview

Desco Infratech was founded in the year 2011 and serves as a provider of the service in the infrastructure sector. The pipeline company also offers laying of pipelines for the City Gas Distribution (CGD) networks, renewable energy projects, water supply system and the power infrastructure In India, the company has presence in over 55 cities of 14 states. To date, the company has installed more than 4,000 kilometres of MDPE pipelines and has piped in excess of 200,000 connections to residential and commercial natural gas customers.

Desco Infratech has a robust order book and it is strong in key sectors and has the potential to reap the benefits of India’s growing infrastructure needs.

What The Future Holds.

Overall, the Desco Infratech IPO has been strikingly received with increased hunger of investors for it, which shows the confidence of investors for the growth of the company. Investors are awaiting to see market debut, since the allotment has been finalized and the shares are expected to list on April 1, 2025. Investors need to reflect on and keep a close eye on the listing for any market movement.

Rupesh Kadam

Rupesh Kadam is a content writer with 2 years of experience across multiple niches. With expertise in creating engaging, SEO-optimized content, he holds a HubSpot Content Writing certification, ensuring high-quality results tailored to various industries.

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