Denta Water IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 22 Jan 2025
Close Date
Fri, 24 Jan 2025
Price Band
₹ 279 – 294
Lot Size
50
Issue Size
₹ 220.50 Cr
Minimum Investment
₹ 14,700 (50 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Denta Water IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹220.50 Crore, comprising a fresh issue of 75.00 Lakh equity shares aggregating to ₹220.50 Crore.
The Denta Water IPO remained open for subscription from January 22, 2025, to January 24, 2025. The basis of allotment was finalized on January 27, 2025, and the company's shares were listed on the NSE and BSE on January 29, 2025.
The company had fixed the price band at ₹279 to ₹294 per share, with a lot size of 50 shares. Retail investors were required to make a minimum investment of ₹14,700 (based on the upper price band) to apply for one lot.
Integrated Registry Management Services Private Limited served as the registrar to the issue. Smc Capitals Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Denta Water and Infra Solutions Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Denta Water IPO Timeline (Tentative)
- IPO Open Date
- Wed, 22 Jan 25
- IPO Close Date
- Fri, 24 Jan 25
- Basis of Allotment
- Mon, 27 Jan 25
- Initiation of Refunds
- Tue, 28 Jan 25
- Credit of Shares to Demat
- Tue, 28 Jan 25
- Listing Date
- Wed, 29 Jan 25 — NSE & BSE
Open Date
22 January 2025
Close Date
24 January 2025
Basis Of Allotment
27 January 2025
Listing Date
29 January 2025
IPO Subscription
Check Live Subscription →The Denta Water IPO has received bids for 1,16,38,18,100 shares against 52,50,000 shares offered, resulting in an overall subscription of 221.68x. the NII category is subscribed 507.27x, Retail Investors 90.56x, and QIBs 236.94x. Within the NII category, BNII is subscribed 556.49x, while SNII is subscribed 408.84x.
QIB
236.94x
NII
507.27x
BNII
556.49x
SNII
408.84x
RII
90.56x
Total
221.68x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 26,25,000 shares, representing 35% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 15,00,000 shares (20%), while Non-Institutional Investors (NIIs) receive 11,25,000 shares (15%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 2,250,000 | 30% |
| Qualified Institutions | 1,500,000 | 20% |
| Non-Institutional | 1,125,000 | 15% |
| BNII | 750,000 | 10% |
| SNII | 375,000 | 5% |
| Retail Investors | 2,625,000 | 35% |
| Total | 7,500,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Denta Water and Infra Solutions Limited KPI Information
| Particular | KPI As On Mar 31, 2023 |
|---|---|
| ROE % | 36.36 |
| ROCE % | 76.99 |
| Debt / Equity | 0.01 |
| RoNW % | 36.36 |
| Pat Margin % | 25.03 |
Peers Comparison
No Peer Comparision Available
About Denta Water and Infra Solutions Limited
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.
Denta Water IPO Promoters
- Sowbhagyamma
- Sujith TR
- C Mruthyunjaya Swamy
- Hema HM
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Denta Water IPO Objective
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.
Denta Water and Infra Solutions Limited Address / Contact Details
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
Denta Water IPO Lot Size
The Denta Water IPO has a lot size of 50 shares. Retail investors require a minimum investment of ₹14,700 by applying for 1 lot (50 shares). The maximum application allowed for the retail category is 13 lots (650 shares), requiring an investment of ₹1,91,100.
| 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 |
Issue Reservation
- Anchor Investors — 30%
- QIB — 20%
- NII — 15%
- RII — 35%
Denta Water IPO Registrar
Integrated Registry Management Services Private Limited
Check Allotment StatusBook Running Lead Managers
- Smc Capitals Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Denta Water IPO?
Denta Water IPO is a Book-building IPO with a total issue size of ₹220.5 crore. The Denta Water IPO price band is ₹279 to 294 per share. The Denta Water IPO subscription opens on Wed, Jan 22, 2025, and closes on Fri, Jan 24, 2025. The Denta Water IPO will be listed on the BSE,NSE. Integrated Registry Management Services Private Limited is the registrar for the Denta Water IPO.
When will the Denta Water IPO open for subscription?
The Denta Water IPO opens on Wed, Jan 22, 2025 and closes on Fri, Jan 24, 2025
What is Denta Water IPO Price Band?
Denta Water IPO Price Band is ₹279 to 294 per share.
What is Denta Water IPO Lot Size?
Denta Water IPO lot size is 50 shares, Retail investors need a minimum investment of ₹14700 based on the upper price band
What is the minimum investment for Denta Water IPO?
The minimum investment for Denta Water IPO is ₹14700, based on one lot of 50 shares at the upper price band of ₹294 per share.
How to apply for Denta Water IPO?
Investors can apply for the Denta Water IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jan 24, 2025. The application amount remains blocked until the Denta Water IPO allotment is finalized.
What is Denta Water IPO Issue Size?
Denta Water IPO issue size is ₹220.5 crores.
What is the Denta Water IPO Allotment Date?
Denta Water IPO allotment date is Mon, Jan 27, 2025.
Who is the Denta Water IPO Registrar?
The registrar for Denta Water IPO is Integrated Registry Management Services Private Limited. Investors can go to Integrated Registry Management Services Private Limited website to check Denta Water IPO allotment status, refund processing, and other IPO-related information.
What is the Denta Water IPO GMP?
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 24.83% over the issue price.
Who is the Denta Water IPO Lead Manager?
The book-running lead managers (BRLMs) for the Denta Water IPO are Smc Capitals Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Denta Water IPO Red Herring Prospectus (RHP).