20-Jan-2025
2 mins read
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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 GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 14% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP is below 14% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in Denta Water IPO GMP is expected to quote the initial ticks at the 14% or above premium.
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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 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.
4. 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.
5. 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.
What is an IPO GMP?
IPO GMP, full form is Initial Public Offering Grey Market Premium. It refers to the premium price at which shares of the upcoming IPO are getting traded. IPO GMP gives an idea to the investors of the official IPO listing price.
The grey market is an unregulated platform where traders buy IPO shares based on demand and supply and aim for listing gains. The IPO GMP indicates market sentiments and expectations of the upcoming IPO.
A high IPO GMP indicates strong interest of investors and expectation of positive listing in the stock exchange. Whereas, low IPO GMP indicates lack of interest of the investors. However, IPO GMP is very speculative and doesn’t guarantee actual listing outcomes
