Denta Water IPO GMP Today, Denta Water IPO Grey Market Premium Updates |Denta Water IPO, Latest target, Opening gain
Denta Water IPO began on – Jan 22, 2025. It will close on – Jan 24, 2025. The Total IPO Size is ₹220.50 Crore Approx. The company set its IPO price is ₹279 to ₹294 per share Per Share. There are three basic categories in Denta Water IPO Subscription:- 1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
Incorporated in 2016, Denta Water and Infra Solutions Limited is a growing water and infrastructure solutions company engaged in designing, installing, and commissioning water management infrastructure projects with expertise in groundwater recharge projects.
The company has successfully executed major projects like Byrapura, Hiremagaluru LIS, and KC Valley, contributing to Bengaluru’s wastewater management and supporting the Government’s Jal Jeevan Mission.
The company owns 98 acres of land in Madikeri, Karnataka, producing coffee, pepper, and cardamom. Additionally, it has a beach resort in Udupi, generating revenue through a facility management agreement.
Services: The company provides a comprehensive range of water management services like
- Preliminary investigations and reconnaissance
- Feasibility studies
- Planning and project formulation
- Field surveys and soil testing
- Design services
- Tender bidding consultancy
- Project management and construction supervision
- Operation and maintenance guidelines
- Engineering procurement consultancy
- Turnkey projects
The company has experience in water engineering and EPC services, the company specializes in infrastructure projects, including groundwater recharging through recycled water, addressing growing water solution demands.
As of November 30, 2024, the company has executed 32 water management projects 11 as the main contractor, 1 in a joint venture, and 20 as a sub-contractor. In addition, the company undertakes construction projects on railways and highways.
Competitive Strengths:
- Established expertise in water management projects with special focus on groundwater recharging
- In-house expertise in designing and engineering of water management infrastructure projects
- Strong Management Team
- Strong order book
- Established track record for timely execution
- Efficient Business Model
As of November 30, 2024, the company had 89 permanent employees.
Denta Water IPO Details:
| Issuer | Denta Water IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: – Jan 22, 2025 | |
| Issue Closes: – Jan 24, 2025 | ||
| Price Brand | ₹279 to ₹294 per share | |
| Issue Size | ₹220.50 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 50 Shares | |
| Retail (Max) | ₹1,91,100 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | Shares 75,00,000 | |
Denta Water IPO GMP Rates day by day
Denta Water IPO Market Lot:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,700 |
| Retail (Max) | 13 | 650 | ₹1,91,100 |
| S-HNI (Min) | 14 | 700 | ₹2,05,800 |
| S-HNI (Max) | 68 | 3,400 | ₹9,99,600 |
| B-HNI (Min) | 69 | 3,450 | ₹10,14,300 |
Denta Water IPO Date, Allotment & Listing:
| Denta Water IPO Opening Date: | January 22, 2025 |
| Denta Water IPO Closing Date: | January 24, 2025 |
| Basis of Allotment: | January 27, 2025 |
| Initiation of Refunds: | January 28, 2025 |
| Credit to Demat Account: | January 28, 2025 |
| Listing Date: | January 29, 2025 |
Denta Water Limited Financial Information (Restated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 220.35 | 219.85 | 123.28 | 60.64 | ||||||||||||||||||||||||||||||||||||
| Revenue | 98.51 | 241.84 | 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 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 169.26 | 145.06 | 99.74 | 49.63 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 0.71 | 0.86 | 1.15 | |||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of Denta Water IPO is Rs 784.98 Cr.
KPI as of Fri, Mar 31, 2023.
| KPI | Values |
|---|---|
| ROE | 36.36% |
| ROCE | 76.99% |
| Debt/Equity | 0.01 |
| RoNW | 36.36% |
| PAT Margin | 25.03 |
| Price to Book Value | 5.01 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 31.11 | 18.13 |
| P/E (x) | 9.45 | 16.22 |
Objects of the Issue (Denta Water IPO Objectives)
The Company proposes to utilize the Net Proceeds raised through the Issue for the following objects:
- To meet working capital requirements of the Company
- General corporate purposes, subject to the applicable laws
Denta Water IPO ALLOTMENT STATUS
How to Apply for Denta Water IPO?
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How to Apply Denta Water IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Denta Water”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Denta Water IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Denta Water”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Denta Water IPO?
Denta Water IPO is a main-board initial public offering of 75,00,000 Equity shares of the face value of ₹10 aggregating up to ₹220.50 Crores. The issue price of the IPO is ₹279 to ₹294 Per Equity Share. The minimum order quantity is 50 Shares per application and the offer type is Book Built Issue. The IPO opens on –Jan 22, 2025 and closes on –Jan 24, 2025. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Denta Water IPO opens on –Jan 22, 2025 and closes on –Jan 24, 2025.
How to apply for Denta Water IPO?
You can apply in Denta Water IPO online using either UPI or ASBA as payment method. Smc Capitals Limited is the book running lead manager of the Denta Water IPO, while Integrated Registry Management Services Private Limited is the registrar for the issue.
When Denta Water IPO allotment?
The finalization of Basis of Allotment for Denta Water IPO will be done on –Jan 27, 2025, and the allotted shares will be credited to your demat account by –Jan 28, 2025.
Check the Denta Water IPO allotment status.
When is Denta Water IPO listing date?
The Denta Water IPO listing date is not yet announced. The tentative date of Denta Water IPO listing is – Jan 29, 2025.
What is the lot size of Denta Water IPO?
Denta Water lot size is 50 Shares and the minimum order quantity is 1 Share.