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Denta Water and Infra Solutions Limited IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.294.00
Issue Size:
Rs.220.50 Cr
Lot Size:
50 shares
Open Date:
January 22
Denta Water and Infra Solutions Limited IPO Overview
Bidding Dates
January 22 - January 24
Min Investment
₹14,700
Price Range
₹294.00
Issue Size
₹220.50 Cr
IPO DRHP Doc
Company Overview
Denta Water and Infra Solutions Limited, established in 2016, specializes in water management infrastructure projects, including groundwater recharge. The company has executed significant projects in Bengaluru and owns land in Madikeri, Karnataka, producing various crops. It also operates a beach resort in Udupi. As of November 30, 2024, Denta Water has completed 32 water management projects and employs 89 permanent staff.
IPO Timeline
Opens
Jan 22
Closes
Jan 24
Allotment
Jan 27
Refunds
Jan 28
Shares Credit
Jan 28
Listing
Jan 29
Opens
Jan 22
Closes
Jan 24
Allotment
Jan 27
Refunds
Jan 28
Shares Credit
Jan 28
Listing
Jan 29
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 236.94x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 507.07x | Oversubscribed |
| RII (Retail Individual Investors) | 90.38x | Oversubscribed |
| Total Subscription | 221.54x | Oversubscribed |
Last updated: Jan 24, 2025, 06:21 PM
Current GMP:
Rs.73
Est. Listing:
Rs.367
Est. Gain:
+24.8%
Star Rating:
★★★★★(4/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹219.85 Cr | ₹219.85 Cr | ₹123.28 Cr | ₹60.64 Cr |
| Net Worth | ₹164.26 Cr | ₹164.26 Cr | ₹104.55 Cr | ₹54.43 Cr |
| Profit After Tax | ₹59.73 Cr | ₹59.73 Cr | ₹50.11 Cr | ₹38.34 Cr |
| Reserves and Surplus | ₹145.06 Cr | ₹145.06 Cr | ₹99.74 Cr | ₹49.63 Cr |
| Revenue | ₹241.84 Cr | ₹241.84 Cr | ₹175.75 Cr | ₹119.64 Cr |
| Total Borrowing | ₹0.86 Cr | ₹0.86 Cr | ₹1.15 Cr | - |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Expertise in groundwater recharging and water management projects.
- Completed 32 projects for the Government of Karnataka.
- In-house team for design, engineering, and project management.
- Established client relationships, including with the Karnataka Government.
- Undertakes projects through joint ventures and sub-contracts.
- Utilizes an asset-light business model.
IPO Details
Denta Water IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 75,00,000 shares (aggregating up to ₹220.50 Cr) |
| IPO Date | January 22, 2025 to January 24, 2025 |
| Issue Price | ₹294 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | January 29, 2025 |
| Lot Size | 50 Shares |
| Share Holding Post Issue | 2,67,00,000 shares |
| Share Holding Pre Issue | 1,92,00,000 shares |
| Total Issue Size | 75,00,000 shares (aggregating up to ₹220.50 Cr) |
Denta Water IPO Reservation
Share Reservation Distribution
Retail
2,625,000 shares (35%)
Anchor Investors
2,250,000 shares (30%)
QIB
1,500,000 shares (20%)
bNII (>₹10L)
750,000 shares (10%)
sNII (<₹10L)
375,000 shares (5%)
Denta Water IPO Promoter Holding
| Share Holding Post Issue | 71.91% |
| Share Holding Pre Issue | 100.00% |
Denta Water IPO Listing Details
| ₹294 per share |
| 544345 |
| DENTA |
| INE0R4L01018 |
| January 29, 2025 |
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹294.00 | ₹294.00 |
| High | ₹346.45 | ₹341.25 |
| Last Trade | ₹346.45 | ₹341.25 |
| Low | ₹325.05 | ₹325.00 |
| Open | ₹330.00 | ₹325.00 |
Key Dates
Open Date:January 22
Close Date:January 24
Listing Date:January 29
