Denta Water IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 22 to Jan 24 2025
Price Band
₹279 - 294
Current GMP
₹325(10.54%)
Subscription
221.52 times
IPO Details
| IPO Date | January 22, 2025 to January 24, 2025 |
| Listing Date | Wednesday, January 29, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹279 to ₹294 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 75,00,000 shares (aggregating up to ₹220.50 Cr) |
| Fresh Issue | 75,00,000 shares (aggregating up to ₹ 220.50 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,92,00,000 shares |
| Share Holding Post Issue | 2,67,00,000 shares |
IPO Date
January 22, 2025 to January 24, 2025
Listing Date
Wednesday, January 29, 2025
Face Value
₹10 per share
Price Band
₹279 to ₹294 per share
Lot Size
50 Shares
Total Issue Size
75,00,000 shares (aggregating up to ₹220.50 Cr)
Fresh Issue
75,00,000 shares (aggregating up to ₹ 220.50 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share Holding Pre Issue
1,92,00,000 shares
Share Holding Post Issue
2,67,00,000 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 236.94 |
| Non-Institutional Buyers | 507.05 |
| bNII (bids above ₹10L) | 556.49 |
| sNII (bids below ₹10L) | 408.16 |
| Retail Investors | 90.33 |
| Total ** | 221.52 |
Anchor Investors
1
Qualified Institutions
236.94
Non-Institutional Buyers
507.05
bNII (bids above ₹10L)
556.49
sNII (bids below ₹10L)
408.16
Retail Investors
90.33
Total **
221.52
Day Wise Sub
| Day | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 Jan 22, 2025 | 1.67 | 36.4 | 33.29 | 42.61 | 18.02 | 17.29 |
| Day 2 Jan 23, 2025 | 4.75 | 128.68 | 124.72 | 136.59 | 43.94 | 50.9 |
| Day 3 Jan 24, 2025 | 236.94 | 507.05 | 556.49 | 408.16 | 90.33 | 221.52 |
DayDay 1
Jan 22, 2025
QIB1.67
NII36.4
NII (> ₹10L)33.29
NII (< ₹10L)42.61
Retail18.02
Total17.29
DayDay 2
Jan 23, 2025
QIB4.75
NII128.68
NII (> ₹10L)124.72
NII (< ₹10L)136.59
Retail43.94
Total50.9
DayDay 3
Jan 24, 2025
QIB236.94
NII507.05
NII (> ₹10L)556.49
NII (< ₹10L)408.16
Retail90.33
Total221.52
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 29-01-2025 | 294.00 | 73(24.83%) | 367 |
| 28-01-2025 | 294.00 | 73(24.83%) | 367 |
| 27-01-2025 | 294.00 | 76(25.85%) | 370 |
| 26-01-2025 | 294.00 | 120(40.82%) | 414 |
| 25-01-2025 | 294.00 | 120(40.82%) | 414 |
| 24-01-2025 | 294.00 | 120(40.82%) | 414 |
| 23-01-2025 | 294.00 | 137(46.60%) | 431 |
| 22-01-2025 | 294.00 | 150(51.02%) | 444 |
| 21-01-2025 | 294.00 | 165(56.12%) | 459 |
| 20-01-2025 | 294.00 | 150(51.02%) | 444 |
| 19-01-2025 | 294.00 | 145(49.32%) | 439 |
| 18-01-2025 | 294.00 | 145(49.32%) | 439 |
| 17-01-2025 | 294.00 | 45(15.31%) | 339 |
Date29-01-2025
Price294.00
GMP73(24.83%)
Estimate List Price367
Date28-01-2025
Price294.00
GMP73(24.83%)
Estimate List Price367
Date27-01-2025
Price294.00
GMP76(25.85%)
Estimate List Price370
Date26-01-2025
Price294.00
GMP120(40.82%)
Estimate List Price414
Date25-01-2025
Price294.00
GMP120(40.82%)
Estimate List Price414
Date24-01-2025
Price294.00
GMP120(40.82%)
Estimate List Price414
Date23-01-2025
Price294.00
GMP137(46.60%)
Estimate List Price431
Date22-01-2025
Price294.00
GMP150(51.02%)
Estimate List Price444
Date21-01-2025
Price294.00
GMP165(56.12%)
Estimate List Price459
Date20-01-2025
Price294.00
GMP150(51.02%)
Estimate List Price444
Date19-01-2025
Price294.00
GMP145(49.32%)
Estimate List Price439
Date18-01-2025
Price294.00
GMP145(49.32%)
Estimate List Price439
Date17-01-2025
Price294.00
GMP45(15.31%)
Estimate List Price339
IPO Important Dates
| IPO Open Date | Wednesday, January 22, 2025 |
| IPO Close Date | Friday, January 24, 2025 |
| Basis of Allotment | Monday, January 27, 2025 |
| Initiation of Refunds | Tuesday, January 28, 2025 |
| Credit of Shares to Demat | Tuesday, January 28, 2025 |
| Listing Date | Wednesday, January 29, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 24, 2025 |
IPO Open Date
Wednesday, January 22, 2025
IPO Close Date
Friday, January 24, 2025
Basis of Allotment
Monday, January 27, 2025
Initiation of Refunds
Tuesday, January 28, 2025
Credit of Shares to Demat
Tuesday, January 28, 2025
Listing Date
Wednesday, January 29, 2025
Cut-off time for UPI mandate confirmation
5 PM on January 24, 2025
IPO Lot Size
| 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 |
ApplicationRetail (Min)
Lots1
Shares50
Amount₹14,700
ApplicationRetail (Max)
Lots13
Shares650
Amount₹1,91,100
ApplicationS-HNI (Min)
Lots14
Shares700
Amount₹2,05,800
ApplicationS-HNI (Max)
Lots68
Shares3,400
Amount₹9,99,600
ApplicationB-HNI (Min)
Lots69
Shares3,450
Amount₹10,14,300
Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 220.35 | 219.85 | 123.28 |
| Revenue | 98.51 | 241.84 | 175.75 |
| Profit After Tax | 24.2 | 59.73 | 50.11 |
| Net Worth | 188.46 | 164.26 | 104.55 |
| Reserves and Surplus | 169.26 | 145.06 | 99.74 |
| Total Borrowing | 0.71 | 0.86 | 1.15 |
Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 2024220.35
31 Mar 2024219.85
31 Mar 2023123.28
Period EndedRevenue
30 Sep 202498.51
31 Mar 2024241.84
31 Mar 2023175.75
Period EndedProfit After Tax
30 Sep 202424.2
31 Mar 202459.73
31 Mar 202350.11
Period EndedNet Worth
30 Sep 2024188.46
31 Mar 2024164.26
31 Mar 2023104.55
Period EndedReserves and Surplus
30 Sep 2024169.26
31 Mar 2024145.06
31 Mar 202399.74
Period EndedTotal Borrowing
30 Sep 20240.71
31 Mar 20240.86
31 Mar 20231.15
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 22,50,000 (30%) | NA |
| QIB Shares Offered | 15,00,000 (20%) | NA |
| NII (HNI) Shares Offered | 11,25,000 (15%) | |
| bNII > ₹10L | 7,50,000 (10%) | 1,071 |
| sNII < ₹10L | 3,75,000 (5%) | 535 |
| Retail Shares Offered | 26,25,000 (35%) | 52,500 |
| Total Shares Offered | 75,00,000 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered22,50,000 (30%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered15,00,000 (20%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered11,25,000 (15%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered7,50,000 (10%)
Maximum Allottees1,071
Investor CategorysNII < ₹10L
Shares Offered3,75,000 (5%)
Maximum Allottees535
Investor CategoryRetail Shares Offered
Shares Offered26,25,000 (35%)
Maximum Allottees52,500
Investor CategoryTotal Shares Offered
Shares Offered75,00,000 (100%)
Maximum Allottees
Information about company
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 experience in water engineering and EPC services, the company specializes in infrastructure projects, including groundwater recharging through recycled water, addressing growing water solution demands.
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
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.
As of November 30, 2024, the company had 89 permanent employees.
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
Objectives of IPO
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
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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