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Denta Water IPO is a book-built issue worth ₹220.50 crores. The issue comprises a fresh issue of 0.75 crore shares in its entirety.
The IPO opens for subscription on January 22, 2025, and closes on January 24, 2025. The allotment is expected to be finalized on Monday, January 27, 2025, with the listing date tentatively set for Wednesday, January 29, 2025, on both the BSE and NSE.
The price band for the IPO is ₹279 to ₹294 per share. The minimum lot size for an application is 50 shares, requiring a minimum investment of ₹14,700 for retail investors. For sNII (Small Non-Institutional Investors), the minimum investment is 14 lots (700 shares), amounting to ₹2,05,800, while for bNII (Big Non-Institutional Investors), the requirement is 69 lots (3,450 shares), totaling ₹10,14,300.
| IPO Date | January 22, 2025 to January 24, 2025 |
| Listing Date | Share Holding Pre-Issue |
| 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 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 |
| 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 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 220.35 | 219.85 | 123.28 | 60.64 |
| Revenue | 98.51 | 241.84 | 175.75 | 119.64 |
| Profit After Tax | 24.2 | 59.73 | 50.11 | 38.34 |
| Net Worth | 188.46 | 164.26 | 104.55 | 54.43 |
| Reserves and Surplus | 169.26 | 145.06 | 99.74 | 49.63 |
| Total Borrowing | 0.71 | 0.86 | 1.15 |
Maximizing Opportunities with Denta Water and Infra Solutions Limited IPO
Denta Water and Infra Solutions Limited is launching its Initial Public Offering (IPO) from January 22 to January 24, 2025, with a price band set at ₹279 to ₹294 per share. The company aims to raise approximately ₹220.50 crores through this IPO, which consists entirely of a fresh issue of 75 lakh shares. The shares are scheduled to be listed on the BSE and NSE on January 29, 2025.
