Denta Water and Infra Solutions Limited IPO (Denta Water IPO) Detail

Denta Water IPO is a book built issue of Rs 220.50 crores. The issue is entirely a fresh issue of 0.75 crore shares.

Denta Water IPO bidding started from January 22, 2025 and ended on January 24, 2025. The allotment for Denta Water IPO was finalized on Monday, January 27, 2025. The shares got listed on BSE, NSE on January 29, 2025.

Denta Water IPO price band is set at ₹294 per share. The minimum lot size for an application is 50. The minimum amount of investment required by retail investors is ₹13,950. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹14,700. The minimum lot size investment for sNII is 14 lots (700 shares), amounting to ₹2,05,800, and for bNII, it is 69 lots (3,450 shares), amounting to ₹10,14,300.

Smc Capitals Limited is the book-running lead manager of the Denta Water IPO, while Integrated Registry Management Services Private Limited is the registrar for the issue.

Refer to Denta Water IPO RHP for detailed information.

Denta Water And Infra Solutions Limited Stock Quote & Charts

• Open: ₹293.85
• High – Low: ₹296.85 – ₹284.00
• Previous Close: ₹288.05
• Total Traded Value: 1,59,507.00
• 52 Weeks High: ₹377.70 (Feb 21, 2025)
• 52 Weeks Low: ₹270.25 (Feb 14, 2025)
• Updated On: Mar 28, 2025 4:00 PM

Denta Water IPO Details

Denta Water IPO Reservation

Denta Water IPO offers 75,00,000 shares. 15,00,000 (20%) to QIB, 11,25,000 (15%) to NII, 26,25,000 (35%) to RII and 22,50,000 (30%) to Anchor investors.

Denta Water IPO Anchor Investors Details

Denta Water IPO raises Rs 66.15 crore from anchor investors. Denta Water IPO Anchor bid date is January 21, 2025. Denta Water IPO Anchor Investors list

Denta Water IPO Timeline (Tentative Schedule)

Denta Water IPO opens on January 22, 2025, and closes on January 24, 2025.

Denta Water IPO Lot Size

Investors can bid for a minimum of 50 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Denta Water IPO Promoter Holding

Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue

About Denta Water and Infra Solutions Limited

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

Company Financials

Denta Water and Infra Solutions Limited Financial Information (Restated Consolidated)

Key Performance Indicator (KPI)

The market capitalization of Denta Water IPO is Rs 784.98 Cr.

KPI as of Fri, Mar 31, 2023.

• The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
• The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.

Objects of the Issue (Denta Water IPO Objectives)

The Company proposes to utilize the Net Proceeds raised through the Issue for the following objects:

1. To meet working capital requirements of the Company
2. General corporate purposes, subject to the applicable laws

Denta Water IPO Review May apply

[Dilip Davda]  The company is an EPC service provider for ground water recharging segment and has created a niche place. It marked steady growth in its top and bottom lines for the reported periods. As of November 30, 2024, it had an order book worth Rs. 752+ cr. with over 95% revenue from ground water related contracts. This segment has many local players and all are equally doing well. Well-informed investors may park funds for medium to long term. Read detail review…

Denta Water IPO Subscription Status (Bidding Detail)

The Denta Water IPO is subscribed 221.54 times on January 24, 2025 6:19:08 PM (Day 3). The public issue subscribed 90.38 times in the retail category, 236.94 times in the QIB category, and 507.07 times in the NII category. Check Day by Day Subscription Details (Live Status)

Total Application : 41,10,651

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