Denta Water IPO
Open MainLineCurrent GMP
₹73 (+24.83%)
Price Band
₹ 279 – 294
Lot Size
50
Issue Size
₹220.5 Cr
Minimum Investment
₹14700 (50 Shares)
Listing Date
29 January 2025
Subscription
221.68x
About the Company
Denta Water and Infra Solutions Limited (commonly known as Denta Water) is a water engineering and infrastructure solutions company established in 2016. The company specializes in water management projects, focusing on design, installation, and commissioning, with particular expertise in groundwater recharging using recycled water. Denta Water has made significant contributions to water infrastructure, notably in Karnataka, where they have successfully completed 32 projects and are currently managing 17 ongoing projects, with a total contract value of ₹11,004.36 million.
Denta Water's work is critical in addressing India's water challenges, especially in areas like groundwater depletion and water scarcity. The company’s projects include large-scale groundwater recharge using treated wastewater, such as the KC Valley project in Karnataka, which significantly aids in groundwater replenishment in drought-prone regions. This project uses secondary treated wastewater to replenish 137 tanks, contributing to the state’s efforts to improve groundwater quality and availability.
The company also plays an active role in India’s "Jal Jeevan Mission" and other state-level water management initiatives, helping provide clean drinking water and enhance irrigation infrastructure. Denta Water’s services cover the full project lifecycle, from feasibility studies to post-commissioning maintenance.
With a skilled workforce and collaborations with industry experts, Denta Water is poised to continue its significant role in water conservation and infrastructure development, particularly in regions suffering from water scarcity.
Promoters
- Sowbhagyamma
- Sujith TR
- C Mruthyunjaya Swamy
- Hema HM
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Objects of the Issue
Denta Water and Infra Solutions Limited proposes to utilize the Net Proceeds raised through the Issue for the following objects:
1. To meet working capital requirements of our Company; and
2. General corporate purposes, subject to the applicable laws
In addition, our Company expects to achieve the benefits of listing the Equity Shares on Stock Exchanges.
Address / Contact Info
Denta Water and Infra Solutions Limited
40, 3rd Floor, Sri Lakshminarayana
Mansion, South End Road, Basavanagudi
Bangalore, South Bangalore- 560 004
Karnataka, India
Phone: +91-080-42106509
Email: cs@denta.co.in
Website: http://www.denta.co.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 22 January 2025
IPO Close Date
Friday, 24 January 2025
Basis of Allotment
Monday, 27 January 2025
Initiation of Refunds
Tuesday, 28 January 2025
Credit of Shares to Demat
Tuesday, 28 January 2025
Listing Date
Wednesday, 29 January 2025 — NSE & BSE
Important Dates
Open Date
22 January 2025
Close Date
24 January 2025
Basis Of Allotment
27 January 2025
Listing Date
29 January 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 220.34 | 219.85 | 123.28 | 60.64 |
| Revenue | 98.51 | 241.85 | 175.75 | 119.64 |
| Profit After Tax | 24.2 | 59.73 | 50.11 | 38.34 |
| Net Worth | 188.46 | 164.26 | 104.55 | 54.43 |
| Reserve & Surplus | 169.26 | 145.06 | 99.74 | 49.63 |
| Total Borrowings | 0.71 | 0.86 | 1.15 | 0 |
EPS Pre
31.11%
EPS Post
18.13%
P/E Pre
9.45
P/E (Post Issue)
16.22x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI As On Mar 31, 2023 |
|---|---|
| ROE % | 36.36 |
| ROCE % | 76.99 |
| Debt / Equity | 0.01 |
| RoNW % | 36.36 |
| PbW | 0 |
| Pat Margin % | 25.03 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 2250000 | 30 | 0 |
| Qualified Institutions | 1500000 | 20 | 0 |
| Non-Institutional | 1125000 | 15 | 0 |
| BNII | 750000 | 10 | 0 |
| SNII | 375000 | 5 | 0 |
| Retail Investors | 2625000 | 35 | 0 |
| Total | 7500000 | 100 | 0 |
Subscription Status ( Fri, 24 Jan 25 01:23 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1500000 | 355407600 | 236.94x |
| Non-Institutional | 1125000 | 570683300 | 507.27x |
| BNII | 750000 | 417370050 | 556.49x |
| SNII | 375000 | 153313250 | 408.84x |
| Retail Investors | 2625000 | 237727200 | 90.56x |
| Total | 5250000 | 1163818100 | 221.68x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 50 | 14,700.00 |
| Retail (Max) | 13 | 650 | 191,100.00 |
| S-HNI (Min) | 14 | 700 | 205,800.00 |
| S-HNI (Max) | 68 | 3,400 | 999,600.00 |
| B-HNI (Min) | 69 | 3,450 | 1,014,300.00 |
Registrar
Integrated Registry Management Services Private Limited
044 - 28140801
einward@integratedindia.in
https://www.integratedindia.in
Book Running Lead Managers
- Smc Capitals Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Denta Water IPO is a Book-building IPO worth ₹220.5 crores. The price band is ₹279 to 294 per share. The IPO opens on Wed, Jan 22, 2025 and closes on Fri, Jan 24, 2025. It will be listed on BSE and NSE. Integrated Registry Management Services Private Limited is the registrar.
The Denta Water IPO opens on Wed, Jan 22, 2025 and closes on Fri, Jan 24, 2025
Denta Water IPO Price Band is ₹279 to 294.
Denta Water IPO lot size is 50, and the minimum amount required for application is ₹14700.
The minimum investment for Denta Water IPO is approximately ₹14700 based on the upper price band.
To apply for the Denta Water IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Jan 24, 2025. After submission, funds are blocked until the basis of allotment of Denta Water IPO is finalised.
Denta Water IPO issue size is ₹220.5 crores.
Denta Water IPO allotment date is Sat, Jun 27, 2026.
The registrar for Denta Water IPO is Integrated Registry Management Services Private Limited. Investors can go to Integrated Registry Management Services Private Limited website for IPO allotment status, refund processing, and other queries related to Denta Water IPO through their official website or helpline.
The Denta Water IPO GMP (Grey Market Premium) is ₹73 as of Wed, Jan 29, 2025. Based on the upper price band of ₹294 per share, the estimated Denta Water IPO listing price is ₹367, indicating a potential listing gain of approximately 31% over the issue price.