| Denta Water and Infra IPO Review | Denta Water and Infra IPO GMP | Denta Water and Infra IPO Allotment |
The highly anticipated Denta Water and Infra IPO subscription starts on 22 January 2025 and ends on 24 January 2025. With a target of approximately INR 209.25 – 220.50 crore, this initial public offering is expected to attract significant investor attention. The share price band is set between INR 279 – 294 per share requiring a minimum investment of INR 14,700 for a single lot of 50 shares.
The distribution of shares among investor categories has been allocated as follows:
- Retail Individual Investors (RII): 35%
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII): 15%
Denta Water and Infra IPO Subscription Status
The subscription status for the Denta Water and Infra IPO is being closely monitored. Here are the latest subscription figures across different investor categories:
Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Denta Water and Infra – Business Overview
Established in 2016, Denta Water and Infra Solutions is a prominent name in the water engineering, procurement, and construction (EPC) services sector, recognized for its expertise in infrastructure project installations. The company has successfully executed notable projects such as the Byrapura and Hiremagaluru LIS Project, and the Karagada LIS Project, primarily leveraging lift irrigation systems. Its core focus lies in designing, installing, and commissioning water management infrastructure, with a strong emphasis on groundwater recharge initiatives.
As of 30 November 2024, Denta Water and Infra Solutions has completed 32 water management infrastructure projects. The company is currently working on 17 ongoing projects, with a total contract value of INR 1,100.44 crore. Of this, INR 1,066.75 crore is allocated to water management initiatives, while INR 33.68 crore is dedicated to infrastructure projects, including upgrades in railway systems and the construction of roads and bridges.
Understanding Investor Categories
The Denta Water and Infra IPO is structured to cater to three main investor categories:
- Qualified Institutional Buyers (QIB):
- Includes entities like mutual funds and foreign institutional investors.
- Allocated 50% of the total offering.
- Non-Institutional Investors (NII):
- Comprises high-net-worth individuals investing more than INR 2,00,000.
- Receives approximately 15% of the shares.
- Retail Individual Investors (RII):
- Designed for investors bidding up to INR 2,00,000.
- Allotted 35% of the total shares.
Important Dates for the Denta Water and Infra IPO
- IPO Opening Date: 22 January 2025
- IPO Closing Date: 24 January 2025
- Allotment Date: Expected on or around 27 January 2025
- Listing Date: Scheduled for 29 January 2025
Value-Added Insights for Investors
Before investing in the Denta Water and Infra IPO, evaluating the company’s market positioning and growth potential within its sector is crucial. Additionally, understanding regulatory changes and industry dynamics can provide a clearer picture of potential risks and rewards. Leveraging IPO Central’s expert opinions can enhance decision-making and help identify long-term growth opportunities.
Denta Water and Infra IPO Subscription FAQs
How can I apply for the Denta Water and Infra IPO?
Investors can apply through their bank’s ASBA facility or an online trading platform their stockbroker provides. Ensure you have an active Demat account for a seamless process.
What is the expected listing price for Denta Water and Infra shares?
While exact listing prices are uncertain, monitoring the Grey Market Premium (GMP) and market trends can indicate the potential performance on listing day.
When will the Denta Water and Infra IPO be listed?
When will the Denta Water and Infra IPO subscription start?
Denta Water and Infra IPO subscription starts on 22 January 2025 and ends on 24 January 2025.
