Support and Resistance Levels
Past performance
About Desco Infratech Ltd **Desco Infratech Limited** is a Gujarat-based infrastructure and maintenance service provider primarily catering to the City Gas Distribution (CGD) sector in India. Established in 2011 and restructured as a public limited company in 2024, it specializes in pipeline laying, installation, testing, and commissioning services for Piped Natural Gas (PNG) systems, servicing both domestic and commercial users. The company also provides comprehensive Operation and Maintenance (O&M) services, which include underground and above-ground gas pipeline maintenance, leak detection, pressure testing, and emergency response operations, ensuring uninterrupted and safe gas supply for its clients.
In recent years, Desco Infratech has diversified its service portfolio to include power distribution, water distribution, and renewable energy projects. Its power division focuses on the installation and commissioning of Low Tension (LT) and High Tension (HT) cables. The water distribution segment involves designing and constructing infrastructure like water distribution networks, open wells, sump wells, overhead tanks, and well systems. Additionally, the company has ventured into renewable energy, handling projects that include constructing reinforced concrete (RCC) piles and erecting structures for solar energy installations.
Desco Infratech secures its projects through competitive bidding processes managed by government institutions, public sector undertakings, and private organizations, ensuring a transparent and equitable acquisition of contracts. These strategic expansions position the company as a growing multi-sector infrastructure player in critical segments of India’s economy.
To support its growth, Desco Infratech is proposing an Initial Public Offering (IPO) of 20,50,000 equity shares through a fresh issue. This IPO aims to enhance its financial capacity and capitalize on emerging opportunities in key infrastructure sectors, offering potential investors an opportunity to partake in its growth trajectory.