Denta Water and Infra Solutions IPO Listed at 10.54% Premium on NSE at ₹325 and 12.24% Premium on BSE at ₹330

The listing gain of the Denta Water and Infra Solutions IPO is 12.24% on BSE stock opened at ₹330 and 10.54% on NSE opened at ₹325. The IPO GMP was Rs 75 last heard.
Denta Water IPO

Denta Water and Infra Solutions IPO subscribed overall 221.54 times on the last day, while a retail quota was subscribed 90.38 times and QIB was 236.94 and NII 507.07 respectively.

Details About Denta Water’s IPO

Denta Water and Infra Solutions got approval from SEBI for an IPO of ₹220.50 crores with a fresh issue of ₹220.50 crores at face value of ₹10 each. Moreover, the company has set up a ₹279 to ₹294 per share. In this IPO total of 50 shares were available in 1 lot size for the minimum Retail category and for retail maximum in 13 lot size of 650 shares. While HNI (Min) total of 700 shares in 14 lot sizes and HNI(Max) total of 3,450 shares in 69 lot sizes.   

To invest in this IPO, each investor category has specific investment amounts:

  • Retail Investors: Minimum  investment of ₹14,700
  • Retail investors: maximum investment of ₹1,91,100
  • Small HNI (S-HNI): Minimum investment of ₹2,05,800
  • Big HNI(B-Hni): Maximum Investment of ₹10,14,300

Subscription duration of Denta Water and Infra Solutions

  • IPO started on January 22, 2025, till 23rd January 24, 2025
  • While the allotment will be available on January 27, 2025, and they received a refund on January 28, 2025.

Funds Deployment of This IPO

  • To meet the company’s working capital needs and for general corporate purposes, as permitted by applicable laws.

About Denta Water and Infra Solutions Company

Denta Water Infra Solutions company is one of the leading firms in terms of the water and infrastructure sector, this was founded in 2016 and is involved in the design, installation, and commissioning of water infrastructure projects. The company also engages in the maintenance of water infrastructure projects to check for a specific period of time. They also manage construction projects in the railway and highway sectors. With the increasing demand for water solutions, Denta Water took an important step by leading efforts to address the issue, focusing on installing groundwater recharge projects using recycled water.

Denta Water and Infra Solutions IPO Financial Background

The company reported revenue of ₹241.84 crores in 2024 against ₹175.75 crores in 2023. The company reported a profit of ₹59.73 crores in 2024 against a Profit of ₹50.11 crores in 2023.

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