Denta Water and Infra Solutions IPO’s bidding will start on 22nd Jan and remain open till 24th Jan 2025. If you want to invest in Denta Water and Infra Solutions IPO then you can log in with your broker place the bid and wait till the allotment date. The allotment date is on 27th Jan 2025. If you don’t get the allotment then you will get your full refund in your bank on 28 Jan. And if you got the allotment then the share will be credited to your demat account on the same day as the refund.
The face value of Denta Water and Infra Solutions IPO is ₹10 per share. This stock will be listed on both NSE and BSE stock exchanges. The total issue size is of ₹221 Cr. In which the half issue is fresh (₹220.5 Cr) and half is offered for sale (₹220.5 Cr). In this blog I am going to give you the overview of Denta Water and Infra Solutions IPO, live GMP, latest trends, and IPO’s details.
Denta Water and Infra Solutions IPO GMP Live
| Date | GMP | Trends | Kostak | Subject to Sauda |
|---|---|---|---|---|
| 23 Jan 2025 | ₹150 | 📉 | – | 5700/79800 |
| 22 Jan 2025 | ₹165 | – | – | 6300/88200 |
| 21 Jan 2025 | ₹165 | – | – | 6300/88200 |
| 20 Jan 2025 | ₹165 | 📈 | – | 6300/88200 |
| 19 Jan 2025 | ₹145 | – | – | 5500/77000 |
| 18 Jan 2025 | ₹145 | 📈 | – | 5500/77000 |
| 17 Jan 2025 | ₹45 | 📈 | – | 1700/23800 |
About Denta Water and Infra Solutions
Bangalore-based Denta Water was incorporated in 2016. Denta Water was in the business of designing and developing water management solutions. It provides consulting, engineering solutions, construction advice, and construction services for water management plants. Denta Water and Infra Solutions has taken on several projects in the construction of highways and railways.
Water management is their main source of revenue which contributes around 93%, followed by Roads and railways at 4% and others at 3%. Denta Water and Infra Solutions has taken the majority of the project with the central government and it also undertakes projects from the government of Karnataka.
The objective of Denta Water and Infra Solutions IPO
- The main objective is to use funds for the advancement of the technology used for constructing the water treatment plants.
- Another objective is to utilize IPO money for business development and general corporate.
Denta Water and Infra Solutions IPO Details
| Stock Symbol | DENTA |
| Industry | Water Mangement |
| Issue Size | ₹221cr |
| Lot Size | 50 |
| Price Range | ₹279 – ₹294 |
| Bid Start Date | 22 Jan 2025 |
| Bid End Date | 24 Jan 2025 |
| Allotment Date | 27 Jan 2025 |
| Refund and Share Credit Date | 28 Jan 2025 |
| Listing Date | 29 Jan 2025 |
| Mandate End Date | 08 Feb 2025 |
| Lock-in end Date | 26 Apr 2025 |
| Prospectus | Download |
| Address | 40, 3rd Floor, Sri Lakshminarayana Mansion, South End Road, Basavanagudi Bangalore, South Bangalore – 560004 Karnataka, India |
| Email Id | cs@denta.co.in |
| Phone No | +91 080 2991 6509 |
Denta Water and Infra Solutions Valuation
All the valuations are in crores(Cr) INR for the Capital Numbers Infotech IPO valuation. If you want to see more detail on the IPO then follow my blog here.
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2022 March | 60.64 | 119.64 | 38.34 |
| 2023 March | 123.28 | 175.75 | 50.11 |
| 2024 March | 219.85 | 141.84 | 59.73 |
| 2024 Sep | 220.35 | 98.51 | 24.2 |