Denta Water IPO GMP, Open Date, Price Band, Allotment Status

Denta Water IPO open date is January 22 to January 24, 2025. This new IPO is a book-built issue of Rs 220.50 crore. This issue is an entirely fresh issue of 0.75 crore equity shares amounting to Rs 220.50 crore. 

Denta Water IPO price band is Rs 279 to Rs 294 per share. As of now, Denta Water IPO GMP is 28 per share. Live IPO Grey Market Premium details will be visible online.

Denta Water IPO lot size is 50 shares. The IPO allotment status will be finalised on January 27, 2025. The IPO listing date is January 29, 2025. The shares will be listed on NSE and BSE platform. The minimum investment for the retail investors for 1 lot is expected to be Rs 14,700. The registrar for the Denta Water IPO is Integrated Registry Management Private Limited.

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Denta Water IPO GMP

The Denta Water IPO GMP is 28 shares. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Denta Water IPO GMP might rise in the coming days.

Denta Water IPO Price Band

Denta Water IPO price band is Rs 279 to Rs 294 per share. The minimum amount of investment for the retail category is around Rs 14,700 and for small NII minimum investment is to be around Rs 2,05,800. The minimum investment for the Big NII is to be around Rs 10,14,300. 

Denta Water IPO Open Date, Close Date

Denta Water IPO open date is Wednesday, 22 January 2025 and closing date is Friday, 24 January 2025. Initiation of refund date is 28 January 2025 and credit of shares will be on 28 January 2025.

Denta Water IPO Allotment Status

Denta Water IPO allotment status will be finalised on January 29, 2025. The listing will be on the BSE and NSE platforms, the date is January 23, 2025. The registrar of this IPO is Integrated Registry Management Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

Denta Water IPO Listing Date

Denta Water IPO's listing date is finalised on January 29, 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Denta Water IPO: Listing Date, Lot Size, Price Band

Denta Water IPO Limited: About the Company

Denta Water Limited, incorporated in 2016, is a growing water and infrastructure solutions company. It is engaged in designing, installing, and commissioning water management infrastructure projects, with expertise in groundwater recharge projects. 

Denta Water Limited has experience in water engineering and EPC services. The company specializes in infrastructure projects, including groundwater recharging through recycled water, addressing the growing demand for water solutions. 

Denta Water successfully executed major projects like Byrapura, Hiremagaluru LIS, and KC Valley, contributing to Bengaluru's wastewater management and supporting the Government's Jal Jeevan Mission. The company owns 98 acres of land in Madikeri, Karnataka, where it produces coffee, pepper, and cardamom. Additionally, it has a beach resort in Udupi, generating revenue through a facility management agreement.

Denta Water IPO Objectives

The funds raised from Denta Water IPO will be used for the funding the day-to-day capital needs and funding the capital expenditure. The remaining money will be used for fulfilling the general corporate purposes.

Denta Water IPO: Key Dates, Allotment, Listing Date

Denta Water IPO Subscription Status, IPO Reservation

Denta Water IPO subscription status will be available after the IPO opens on 22 january 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Denta Water IPO Lot Size Details

Denta Water IPO lot size is 50 shares. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,700 and the maximum is 13 lots, amounting to be around Rs 1,91,100. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,05,800.

Denta Water IPO Promoter Holdings

Denta Water IPO promoters are Sowbhagyamma, Sujith TR, C Mruthyunjaya Swamy and Hema HM. The promoters' shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline.

Denta Water Limited Company Financials

Denta Water Limited posted revenue of Rs 241.84 crore and net profit of Rs 59.73 crore for the period ending on 31 Mar 2024. The company’s revenue increased by 37.60% and PAT increased by 19.19% between the FY ending on 31 March 2024 and 31 March 2023. 

Denta Water IPO Registrar

Denta Water IPO registrar Integrated Registry Management Private Limited . On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Denta Water IPO Lead Managers

Denta Water IPO lead managers are SMC Capitals Limited.

How to apply to Denta Water IPO

Interested investors can apply to the Denta Water IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

Denta Water IPO Review

Denta Water IPO may get a positive response from the general public. The company is involved in the water management infrastructure business So, investors interested in the Infrastructure sector can apply to this IPO. 

This upcoming IPO is expected to get a neutral response on the last bidding date. Moreover, if the IPO gets a positive response then Denta Water IPO GMP will also rise. 

Denta Water IPO FAQ

1. What are the details of the Denta Water IPO?

Denta Water IPO is a book-built issue of Rs 220.50 crore. This issue is an entirely fresh issue of 0.75 crore equity shares amounting to Rs 220.50 crore. 

2. When will the Denta Water IPO open and close?

Denta Water IPO open date is Wednesday, 22 January 2025 and closing date is Friday, 24 January 2025. Initiation of refund date is 28 January 2025 and credit of shares will be on 28 January 2025.

3. What is Denta Water IPO GMP?

The Denta Water IPO GMP is 28 shares. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Denta Water IPO GMP might rise in the coming days.

4. What are the details of Denta Water IPO Subscription Status?

Denta Water IPO subscription status will be available after the IPO opens on 22 january 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status?

Denta Water IPO allotment status will be finalised on January 29, 2025. The listing will be on the BSE and NSE platforms, the date is January 23, 2025. The registrar of this IPO is Integrated Registry Management Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

6. Who is the registrar and lead managers for Denta Water IPO?

Denta Water IPO registrar is Integrated Registry Management Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are  SMC Capitals Limited.

Also Read:

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?