Denta Water and Infra IPO Allotment Status, Listing Date, GMP, Price Band Highlights: The Denta Water IPO, which was open for bidding from January 22 to January 24, was priced between Rs 279 and Rs 294 per share. On the final day of bidding, the IPO received a total subscription of 221.54 times. The retail portion was subscribed 90.38 times, the QIB portion was subscribed 236.94 times, and the NII portion received an overwhelming subscription of 507.07 times. The allotment of shares is expected to be finalised today, January 27, and the shares will debut on the BSE and NSE on January 29.
Live Updates
Denta Water and Infra IPO Allotment Status: Check Denta Water and Infra IPO Listing Date, GMP, Price Band, Reviews
Denta Water and Infra IPO Allotment Status Live: Lead manager and registrar
SMC Capitals is managing the book for the Denta Water IPOand Integrated Registry Management Services is handling the registration for the issue.
Denta Water and Infra IPO Allotment Status Live: Bajaj Broking on IPO
“On the financial performance front, for the last three fiscals, the company has (on a consolidated basis) posted a total income/net profit of Rs. 119.64 cr. / Rs. 38.34 cr. (FY22), Rs. 175.75 cr. / Rs. 50.11 cr. (FY23), and Rs. 241.84 cr. / Rs. 59.73 cr. (FY24). For H1 of FY25 ended on September 30, 2024, it earned a net profit of Rs. 24.20 cr. on a total income of Rs. 98.51 cr. The company posted steady growth in its top and bottom lines for the reported periods, indicating the trends for this segment,” added Bajaj Broking in an IPO note.
Denta Water and Infra IPO Allotment Status Live: Key highlights of the issue
The Denta Water IPO saw a subscription of 221.54 times overall. The retail category was subscribed 90.38 times, while the Qualified Institutional Buyers (QIB) portion received 236.94 times subscription. The Non-Institutional Investors (NII) category had the highest demand, with a subscription of 507.07 times.
Before the issue opened, the IPO raised Rs 66.15 crore from anchor investors on January 21.
Denta Water and Infra IPO Allotment Status Live: Fund utilisation
The company plans to use the funds raised from the issue to address its working capital needs and for general corporate purposes.
Denta Water and Infra IPO Allotment Status Live: How to check allotment status via Integrated Registry IPO
– Visit the Integrated Registry IPO allotment page.
– From the drop-down menu, choose “Denta Water.”
– Enter your PAN number, application number, or Demat account details.
– Check your allotment status by clicking the “Submit” button.
Denta Water and Infra IPO Allotment Status Live: How to check allotment status via NSE
– Visit the official NSE website.
– Sign up by entering your PAN details and completing the registration process.
– Log in with your username and password.
– Go to the IPO allotment section and check your status under the Denta Water IPO.
Denta Water and Infra IPO Allotment Status Live: How to check allotment status via BSE
– Visit the official BSE website.
– Select “Equity” and choose “Denta Water” from the company list.
– Enter your Application or PAN Number.
– Complete the captcha and click “Search” to view your status.
Denta Water and Infra IPO Allotment Status Live: Listing
The shares of Denta Water are set to debut on the BSE and NSE on January 29.
Denta Water and Infra IPO Allotment Status Live: Allotment status
The allotment of shares for the Denta Water IPO is expected to be finalised today, January 27. Investors eagerly awaiting the outcome can now check if they have received shares. If you were part of this IPO, here’s how to find out your allotment status. You can easily check it online through the BSENSE, or Integrated Registry, the official platform used for allotments.
Denta Water and Infra IPO Allotment Status Live: About the company
Denta Water and Infra Solutions, established in 2016 in Bengaluru, specializes in water management and infrastructure services. Their offerings include designing and installing groundwater recharge projects and lift irrigation systems.
Denta Water and Infra IPO Allotment Status Live: GMP update
As of the latest trend, Denta Water shares are trading at a premium of Rs 120, which suggests that the estimated listing price will be Rs 414 per share. This is 40.82% higher than the upper price of Rs 294 per share.
