The Denta Water and Infra IPO allotment status is not available right now. Allotment status will be made available on January 27, 2025, as per the timeline provided in the red herring prospectus (RHP) of the IPO.
The grey market premium (GMP) for Denta Water and Infra Solutions has increased to approximately INR 115, indicating a potential listing gain of around 39% for investors. This suggests that shares could debut at approximately INR 409 in the market. Such strong performance reflects positive investor sentiment, following an impressive subscription rate of 221.68 times during the IPO period, with bids totaling INR 48,880 crores. This trend indicates that investors are anticipating a successful listing for Denta Water and Infra Solutions shares, which are expected to be listed on January 29, 2025. Once the allotment process is finalized and refunds are initiated, shares are likely to be credited to successful investors’ demat accounts by January 28, 2025.
Denta Water and Infra IPO has attracted significant interest from investors, achieving a remarkable subscription rate by the closing day on January 24, 2025. This strong demand highlights the market’s confidence in the company. Breaking down the subscriptions by investor category, Non-Institutional Investors (NIIs) subscribed an impressive 507.27 times, while Qualified Institutional Buyers (QIBs) showed robust demand at 236.94 times. In contrast, Retail Individual Investors (RIIs) subscribed 90.56 times.
Here are a few methods to verify the Denta Water and Infra IPO allotment status.
Table of Contents – Denta Water and Infra IPO Allotment Status
#1 Registrar Website – Most effective way to check Denta Water and Infra IPO allotment status
After an IPO has finished accepting subscriptions, the issue registrar takes over the next steps. The registrar handling this case is Integrated Registry Management Services. Investors can easily visit its website and navigate to Denta Water and Infra from a list of options provided to check their allotment status by entering any of the details given.
- PAN
- IPO Application Number (CAF Number)
- Beneficiary ID (NSDL or CDSL Demat Account Number)
Registrar websites can get busy during allotment days and may slow down significantly; however, Integrated Registry Management Services seems to have a reliable infrastructure, in place to handle that load better than most others do in such situations. Nevertheless, it is always advisable to explore multiple options.
#2 BSE Website
You can also verify the status of the Denta Water and Infra IPO allotment by visiting the IPO allotment page on the BSE website. However, investors need to have both the application number and PAN to check using this method. Just choose equity select the IPO enter your application number and PAN to view the status.
The Bombay Stock Exchange (BSE) boasts a website infrastructure that ensures investors encounter minimal issues, like slow loading times or unresponsiveness when using it.
#3 Bank Account Debit/Removal of Lien
If you haven’t found what you’re looking for yet in your search results up to now, it could be worth checking your bank account. Many banks have systems in place and send updates on account balances to customers through various means such, as text messages. So you might not even have to log in to banking.
Suppose the investor’s request has been approved successfully. In that case, their application is accepted for a single lot in the Denta Water and Infra IPO at INR 14,700 per lot will be debited from their account accordingly. If the application is not successful the amount that was put on hold for the application will reflect as an increase in the bank account balance.
Upon allocation of shares in an IPO, the balance in the bank account decreases by the corresponding sum of money allocated for the shares purchased. It is crucial to understand that the process of IPO allotment and the subsequent deduction of funds, from a bank account are occurrences; however, there are instances where these events occur almost simultaneously.
#4 Credit of Shares in Demat Account
If everything else has failed, you can check your demat account for credit of shares. However, this approach is the slowest of all the methods. In many cases, shares may be credited on the day of listing as well, effectively taking away all the fun of allotment.
Denta Water and Infra IPO Allotment FAQs
When is the Denta Water and Infra IPO allotment expected?
Denta Water and Infra IPO allotment status will be available on January 27, 2025, per the timeline provided in the IPO’s red herring prospectus (RHP).
When will the Denta Water and Infra IPO get listed?
Denta Water and Infra IPO is planned to list the shares on January 29, 2025, at BSE and NSE.
Where to check Denta Water and Infra IPO allotment status?
Denta Water and Infra IPO allotment status is expected on January 27, 2025. Click the green button Denta Water and Infra IPO Allotment status above to check the allotment. Note the button remains disabled until the allotment is available online.