Denta Water IPO Solutions subscription started on January 22, 2025, and will close on January 24, 2025, as per the schedule. The price band is set at ₹279 to ₹294 per share with a face value of ₹10.
Denta Water and Infra Solutions IPO Subscription Status
Denta Water and Infra Solutions IPO Subscribed over 221.52x on its last day till 5.00 PM on 24th January 2025.
- Denta Water and Infra Solutions IPO subscription QIB investors portion is 236.94 times, while NII subscribed 507.05 times and RII investors subscribed 90.33 times.
- The company has received bids for 1,16,29,62,200 shares against 52,50,000 shares on offer on the last day of subscription.
- Denta Water and Infra Solutions IPO subscribed over 221.52x on its last day.
- Denta Water and Infra Solutions IPO subscribed over 50.9x on its second day.
- Denta Water and Infra Solutions IPO subscribed over 17.19x on its First day.
About Denta Water and Infra Solutions Company
One of the growing companies in the Water and infrastructure sector, Denta Water and Infra Solution Limited was founded in 2016. Denta Water is one of the few companies with incredible expertise in groundwater recharge projects, the company 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. Moreover, they also handle construction projects for railway and highway fields.
Due to the growing demand for water-related solutions in the country, Denta Water took a vital step and became the major contributor to addressing the issue and installing groundwater recharging projects through recycled water. Byrapura, Hiremagaluru, and Karagada Lift Irrigation System (LIS) projects are some of the projects they took and successfully completed. They took part in the Government’s Jal Jeevan Mission showing their incredible commitment to water management projects. The company had 89 permanent employees as of November 30, 2024.
Denta Water and Infra Solutions Financial Report
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.
Denta Water and Infra Solutions IPO GMP:
Denta Water IPO GMP was ₹135 as of Friday, 24th January 2025. That indicates the IPO is trading at ₹429 with ₹135 premium in the grey market against the issue price of ₹294.