Denta Water IPO Date, Review, Price, Allotment Details
Aditya | January 23, 2025
Denta Water and Infra Solutions IPO will open for subscription on January 22, 2025, and close on January 24, 2025. This Book Built Issue aims to raise ₹220.50 crores, consisting of a fresh issue of ₹220.50 crores and an offer for sale involving [.] equity shares, each with a face value of ₹10. The price band for the IPO is ₹279 to ₹294 per share, with the allocation divided as 35% for retail investors, 50% for QIBs, and 15% for HNIs. Denta Water IPO is set to list on both the BSE and NSE on January 29, 2025, with the allotment date scheduled for January 27, 2025. In 2024, the company reported revenue of ₹241.84 crores, up from ₹175.75 crores in 2023, and a profit of ₹59.73 crores, compared to ₹50.11 crores in 2023. Based on the solid financial performance, investors are encouraged to consider the IPO for long-term growth.
Denta Water IPO Details
Field
Value
ipo title
Denta Water IPO
status
Listed
gain percentage
10.54%
subscription
221.54x
price
294
gmp
73
est listing
367 (24.83%)
ipo size
₹ 220.50 Cr
Denta Water IPO Dates
Field
Value
lot
50
open
22-Jan
close
24-Jan
boa dt
27-Jan
listing
29-Jan
Denta Water IPO Financial Report
The company reported a revenue of ₹241.84 crores in 2024, compared to ₹175.75 crores in 2023. The profit for 2024 was ₹59.73 crores, an increase from ₹50.11 crores in 2023.
Financial Year
2022
2023
2024
Revenue
₹119.64
₹175.75
₹98.51
Expense
₹67.85
₹107.83
₹65.38
Profit After Tax
₹38.34
₹50.11
₹24.2
Total Assets
₹60.64
₹123.28
₹220.35
About Denta Water IPO
Denta Water and Infra Solutions Limited, founded in 2016, is an emerging company in the water and infrastructure sector. With expertise in groundwater recharge projects, the company focuses on the design, installation, and commissioning of water infrastructure. It also plays a role in maintaining these projects for specified periods. In addition, Denta Water handles construction projects in the railway and highway sectors. Responding to the rising demand for water-related solutions, the company has positioned itself as a major contributor to tackling water issues through groundwater recharging projects using recycled water. Notable projects include Byrapura, Hiremagaluru, and the Karagada Lift Irrigation System (LIS). Denta Water has also actively participated in the Government’s Jal Jeevan Mission, further emphasizing its commitment to water management initiatives. As of November 30, 2024, the company employed 89 permanent staff members.
Denta Water IPO is a mainboard IPO where the company is raising ₹220.50 crores. The price range for the equity shares is ₹279 to ₹294, and the IPO will be listed on both BSE & NSE.
When will Denta Water IPO open for subscription?
The Denta Water IPO will open for subscription on January 22, 2025, and will close on January 24, 2025, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and retail investors.
What is Denta Water IPO Investors Portion?
The investment allocation for Denta Water IPO is 50% for QIB, 15% for NII, and 35% for retail investors.
How to Apply for Denta Water IPO?
You can apply for Denta Water IPO online via ASBA through your bank account, or via UPI through stock brokers. Alternatively, you can apply offline by filling out a form through your stock broker.
What is Denta Water IPO Issue Size?
The issue size of Denta Water IPO is ₹220.50 crores.
What is Denta Water IPO Price Band?
The price band for Denta Water IPO shares is ₹279 to ₹294.
What is Denta Water IPO Lot Size?
The minimum bid for Denta Water IPO is 50 shares, with a total bid amount of ₹14,700.
What is the Denta Water IPO Allotment Date?
The allotment date for Denta Water IPO is January 27, 2025.
What is the Denta Water IPO Listing Date?
Denta Water IPO is expected to list on both BSE & NSE on January 29, 2025.
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