The Denta Water and Infra Solutions Limited IPO is book-made for Rs ₹22,499.00 crores, revised to only 0.75 crore shares, with a price band created in the range of ₹279 to ₹294 per share on the closing date. The shares will close on February 27, 2025, and listing on BSE and NSE is tentatively scheduled for January 29, 2025. There is a minimum investment of ₹14,700 and a minimal retail lot size of 50 stocks. 69 lots (3450 shares) of as much as₹10,14,300 are the minimal investment length for HNIs and 14 masses (700 stocks) up to₹2,05,800 for QIBs.
The data is shown as follows in a table format:
| Details | Information |
| Price Band | ₹279 to ₹294 per share |
| Lot Size | Minimum of 50 shares per lot |
| Subscription Period | January 22, 2025, to January 24, 2025 |
| Listing Date | January 30, 2025 |
| IPO Opening Date | January 22, 2025 |
| IPO Closing Date | January 24, 2025 |
| Allotment Finalization Date | January 27, 2025 |
| Refund Initiation Date | January 28, 2025 |
| Shares Credited to Demat Accounts | January 29, 2025 |
Company Overview:
Denta Water and Infra Solutions Limited IPO Overview
Founded in 2016, Denta Water and Infra Solutions Limited specializes in Water Engineering, Procurement, and Construction (EPC). The organization as a whole has implemented large-scale initiatives in the states of Karnataka and Bangalore. This includes aquatic life missions. Various upgrades and irrigation infrastructure for knowledge groundwater recharge Development of railway and motorway infrastructure
Financial Performance:
Over the years, the company has shown continued revenue growth; however, its profitability and return on net assets have decreased significantly. This indicates potential challenges in liquidity and inventory management.
Objectives of the IPO:
The fundamental aim of the IPO is to fund the operating capital needs of the corporation, with ₹one hundred fifty crore earmarked for this reason. In addition, the proceeds will help the overall company goals, boost profits, and reduce financing charges.
Subscription status and market sentiment:
On opening day, the IPO was subscribed 8.94 times, reflecting strong investor interest. The gray market premium (GMP) increased to ₹165, indicating a premium of 56% over the issue price. This indicates positive market sentiment towards the offering.
Risks and Challenges:
Potential investors should be aware of certain risks. This includes the company’s reliance on government contracts. This creates regulatory and political uncertainty.
These dates provide clarity for investors regarding the progress and timeline of the Denta Water IPO process.
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Strengths of Denta Water and Infra Solutions Limited:
1. Strong project portfolio: Denta Water has successfully implemented high-value projects such as the Water Life Mission and the Multilift Irrigation System, demonstrating its expertise in water infrastructure.
2. Miscellaneous services: The company operates in many sectors. Including refilling groundwater, railway infrastructure, highway construction, water services, and EPC make it impossible to depend on just one source of income.
3. Government Support Projects: The majority of the company’s income comes from government programs. This guarantees stable demand and growth opportunities.
4. Specialization: Denta Water specializes in water management. This is an important area of development in India. It positions itself as a key player in addressing water scarcity and infrastructure needs.
5. Experienced Leadership Team: The company benefits from an experienced team of professionals with expertise in EPC and infrastructure.
FAQs on Denta Water IPO
What is the lot size for retail investors?
The minimum lot size is 50 shares with a minimum investment of ₹14,700.
What is the total IPO size?
The IPO is being held for Rs 22,499.00 crore with a revised offer of 0.75 million shares.
What is the minimum investment required for QIB?
Qualified Institutional Buyers (QIB) are required to invest in at least 14 lots (700 shares) worth ₹2,05,800.
What is the minimum investment required for an HNI?
High-net-worth individuals (HNI) should invest in at least 69 lots (3,450 shares).
What is the status of IPO members on the first day?
There were 8.94 IPO subscriptions on the first day of application. This indicates strong investor demand.
What is Gray Market Premium (GMP)?
The IPO price of ₹165 for Denta Water represents a 56% premium over the offering price.