IPO

Denta Water and Infra Solutions Limited IPO

Mainboard

Water Supply & Management

Listed On: Jan 29, 2025 at ₹ 325.0 (NSE)

₹ 14700 /50 Shares

Check Allotment

Price Summary

Last Closing

353.00 (20.07%)

52 Week High

377.70

52 Week Low

270.25

Last Update

21-Feb-2025 3:30 PM
Denta Water and Infra IPO Details

22 Jan, 2025

Open Date

24 Jan, 2025

Close Date

27 Jan, 2025

Allotment Date

29 Jan, 2025

Listing Date

Issue Price

₹279-294 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Integrated Registry Management Services Private Limited

List Price

325.0 (NSE)

Listing Date

2025-01-29

Market Lot

Retail : 50 Shares (₹14,700/-)
S-HNI : 700 Shares (₹2,05,800/-)
B-HNI : 3,450 Shares (₹10,14,300/-)

Lead Manager

Smc Capitals Limited

Issue Size

75,00,000 shares(aggregating up to ₹220.50 Cr)

Retail Portion

35% (Number of Retail Applications: 52,500 Approx),
(Number of S-HNI Applications : 536 Approx),
(Number of B-HNI Applications : 1,071 Approx)

Subscription

221.52 times

IPO Docs

DRHP RHP ANCHOR


The IPO of Denta Water and Infra is priced at ₹279-294 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE, NSE. Integrated Registry Management Services Private Limited is the registrar of the issue.

Denta Water and Infra IPO bid opening date is from Jan 22, 2025 and the bid closing date was Jan 24, 2025.
Denta Water and Infra IPO allotment result will be available on Jan 27, 2025. The tentative listing date for Denta Water and Infra is Jan 29, 2025.

The total issue size is 75,00,000 shares(aggregating up to ₹220.50 Cr).

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Denta Water and Infra IPO Subscription Details

As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved15,00,00011,25,000
7,50,000    3,75,000		26,25,00052,50,000
Day 1 - 22-01-25 05:00 PM1.67 x36.23
33.29 x   42.11 x		17.67 x17.07 x
Day 2 - 23-01-25 05:00 PM4.75 x128.41
124.72 x   135.79 x		43.51 x50.63 x
Day 3 - 24-01-25 05:00 PM236.94 x507.05
556.49 x   408.16 x		90.33 x221.52 x
Total No. of Applications: 41,06,695 (Approx)
Retail Subscription on the basis of Applications: Retail:68.78x BHNI:107.38x SHNI:387.19x times

Denta Water and Infra Valuations

EPS Pre IPO

₹31.11/-

EPS Post IPO

₹18.13/-

P/E Pre IPO

9.45

P/E Post IPO

16.22

RoNW

36.36%

Denta Water and Infra Company Financials All values are in ₹ Cr.

30-Sep-2431-Mar-2431-Mar-2331-Mar-22
Assets220.35219.85123.2860.64
Revenue98.51241.84175.75119.64
Profit After Tax24.259.7350.1138.34

About The Company

Denta Water and Infra Solutions Limited, established in 2016, is an emerging water and infrastructure solutions company into designing, installing, and commissioning water management infrastructure projects with expertise in groundwater recharge projects.The company has experience in water engineering and EPC services with specialisation in infrastructure projects in which there is a need to meet growing water solution demands through recharge of groundwater using recycled water.

Major projects that the company has successfully completed include Byrapura, Hiremagaluru LIS, and KC Valley. This will help manage Bengaluru's wastewater and further the Government's Jal Jeevan Mission.The company has 98 acres of land in Madikeri, Karnataka, where it grows coffee, pepper, and cardamom. It also has a beach resort in Udupi that earns money from a facility management agreement.

Services: The company offers a complete suite of water management services including:
 1.⁠ ⁠Preliminary investigations and reconnaissance
2.⁠ ⁠Feasibility studies
3.⁠ ⁠Planning and project formulation
4.⁠ ⁠Field surveys and soil testing
5.⁠ ⁠Design services
6.⁠ ⁠Tender bidding consultancy
7.⁠ ⁠Project management and construction supervision
8.⁠ ⁠Operation and maintenance guidelines
9.⁠ ⁠Engineering procurement consultancy
10.⁠ ⁠Turnkey projects

As on 30 Nov. 2024, the company has implemented 32 water management projects 11 as prime contactor, 1 joint venture and 20 as sub contactor. In addition to that, the company undertakes railway and highways construction projects.

As of November 30, 2024, the company had 89 permanent employees.

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Denta Water and Infra - Strength and Weakness

Strength

Denta Water has completed 32 water management projects for the Government of Karnataka.

Technical expertise in groundwater recharge and lift irrigation projects.

Promoter with 38+ years of experience in the civil sector.

Weakness

Over-reliance on the Government of Karnataka exposes risks from changes.

Concentration of operations in Karnataka increases exposure to regional risks.

Delays in project completion could result in liquidated damages or penalties.

Denta Water and Infra - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: N/A%

Company Promoter(s)
  1. Sowbhagyamma
  2. Sujith TR
  3. C Mruthyunjaya Swamy
  4. Hema HM

Denta Water and Infra IPO - Issue Objectives

  1. Meeting the company's working capital requirements.
  2. General corporate purposes.

Denta Water and Infra IPO - Anchor Investors

Denta Water and Infra raises Rs 66 crore from anchor investors ahead of IPO.

Foreign and domestic institutions who participated in the anchor included Abakkus Diversified Alpha Fund-2, Rajasthan Global Securities, Saint Capital Fund, Finavenue Capital Trust, Chhatisgarh Investments Ltd, Steptrade Revolution Fund, Astorne Capital VCC -- Arven and Aarth AIF,

Other Details

Company Contact Details

Denta Water and Infra

40, 3rd floor, Sri Lakshminarayana Mansion, South End Road, Basavanagudi, South Bangalore 560 004

Phone: +91-080-42106509

Email: cs@denta.co.in

Website: http://www.denta.co.in/

Registrar Contact Details

Integrated Registry Management Services Private Limited

Phone: 044 - 28140801 to 28140803

Email: vijayagopal@integratedindia.in

Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1

Denta Water and Infra IPO - FAQs

Ans. Denta Water and Infra Solutions Limited IPO is a Mainboard IPO. The issue is priced at ₹279-294 per equity share. The minimum order quantity is 50 Shares. The IPO opens on Jan 22, 2025, and closes on Jan 24, 2025. Integrated Registry Management Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Denta Water and Infra Solutions Limited IPO opens on Jan 22, 2025 and closes on Jan 24, 2025.

Ans. The size of Denta Water and Infra Solutions Limited IPO is 75,00,000 shares(aggregating up to ₹220.50 Cr).

Ans. The IPO price band is set between ₹279-294 per equity share.

Ans. To apply for Denta Water and Infra Solutions Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Denta Water and Infra Solutions Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Denta Water and Infra Solutions Limited IPO is Jan 27, 2025.

Ans. The Denta Water and Infra Solutions Limited IPO will be listed on Jan 29, 2025.

Ans. Follow the steps to check the allotment status for Denta Water and Infra Solutions Limited IPO here.