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.
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. 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 Subscription?
The IPO subscription is a process by which investors bid for shares of the company during its first public offer. Investors from the different categories like retail, institutional and non-institutional apply for shares within the IPO price-band. The level of subscription is measured in terms of how many times shares offered are applied.
A higher subscription time in a specific category reflects strong investors' interest and high demand. Whereas, low subscription reflects lack of demand and under subscription. The subscription data is updated daily which drives the investors sentiment while applying for any IPO.