The Denta Water IPO is generating a lot of buzz among investors as it gets set to launch. In this article, we’ll break down everything you need to understand about the Denta Water IPO GMP, Kostak Rates, and Subject to Sauda, along with key details about the IPO itself. Stay tuned for all the important insights you need before making your investment decision!
Founded in 2016, Denta Water and Infra Solutions Limited is a growing company specializing in water management and infrastructure, with a focus on groundwater recharge projects. The company has completed notable projects like Byrapura, Hiremagaluru LIS, and KC Valley, contributing to Bengaluru’s wastewater management and supporting the Government’s Jal Jeevan Mission. Denta Water also owns 98 acres in Karnataka for agricultural purposes and operates a beach resort in Udupi. With a proven track record, strong order book, and 89 employees, the company is well-positioned for growth in the water management sector.
What is Denta Water IPO GMP Today?
As of today, the Denta Water IPO GMP is ₹165, reflecting a solid 56.12% gain, signaling a promising start in the grey market. The IPO has experienced impressive growth, rising from ₹45 on January 18, 2025, to ₹160 on January 22, 2025, highlighting strong investor interest and optimism for the upcoming offering.
Denta Water IPO Grey Market Premium Trends
Date | IPO GMP | GMP Trend | Kostak | Subject to |
---|---|---|---|---|
22 January | ₹150 | ₹- | ₹5,000 | |
21 January | ₹145 | ₹- | ₹5,000 | |
20 January | ₹145 | ₹- | ₹5,000 | |
19 January | ₹145 | ₹- | ₹5,000 | |
18 January | ₹45 | ₹- | ₹1,500 | |
17 January | ₹- | ₹- | ₹- |
Denta Water and Infra Solutions IPO Overview
Details | Information |
---|---|
IPO Period | January 22, 2025 to January 24, 2025 |
Tentative Listing Date | January 29, 2025 |
Face Value per Share | ₹10 |
Price Range | ₹279 to ₹294 per share |
Minimum Investment Lot | 50 shares |
Total Offering Size | 75,00,000 shares (₹220.50 crores) |
Fresh Issue Size | 75,00,000 shares (₹220.50 crores) |
Issue Structure | Book Built Issue IPO |
Listing Exchanges | BSE, NSE |
Pre-IPO Equity Shares | 1,92,00,000 shares |
Post-IPO Equity Shares | 2,67,00,000 shares |
Retail Investor Quota | 35% of the offering |
Qualified Institutional Buyers (QIB) | 50% of the offering |
Non-Institutional Investors (NII) | 15% of the offering |
Minimum Retail Investment | ₹14,700 (50 shares) |
Minimum Investment for sNII | ₹2,05,800 (700 shares) |
Minimum Investment for bNII | ₹10,14,300 (3,450 shares) |
Financial Year 2024 Revenue | ₹241.84 crores |
Financial Year 2024 Profit | ₹59.73 crores |
DRHP Draft Prospectus | Click Here |
RHP Draft Prospectus | Click here |
Denta Water IPO Dates
Event Description | Scheduled Date |
---|---|
Opening Date for Bidding | Wednesday, January 22, 2025 |
Closing Date for Bidding | Friday, January 24, 2025 |
Allotment Date | Monday, January 27, 2025 |
Refund Initiation | Tuesday, January 28, 2025 |
Shares Transferred to Demat | Tuesday, January 28, 2025 |
Listing Date on Exchanges | Wednesday, January 29, 2025 |
UPI Mandate Confirmation Cut-Off | 5 PM on January 24, 2025 |
Rikhav Securities IPO GMP aka FAQs
What is the current GMP for Denta Water IPO?
The current GMP for Denta Water IPO is ₹165.
What is the current Kostak Rate for Denta Water IPO?
The current Kostak Rate for Denta Water IPO is ₹-.
What is the current Subject to Sauda for Denta Water IPO?
The current Subject to Sauda for Denta Water IPO is ₹5,000.
What are the expected returns from the Denta Water IPO?
The expected returns from the Denta Water IPO are 54%.