Denta Water IPO Allotment Status and Updates

The Denta Water IPO allotment status is expected to be available today, Monday, January 27, 2025. You can check the allotment status on the NSE, BSE, or the official registrar’s website, Integrated Registry Management Services. This IPO received an overwhelming response from the market, with a subscription of 221x by the end of Day 3. Follow the simple steps below to check the Denta Water IPO allotment status.

How to Check Denta Water IPO Allotment Status on BSE

Here are the steps you need to follow to check the Denta Water IPO allotment status on BSE:

Step 1: Visit the BSE “Status of Issue Application” page.

Step 2: Select the issue type as “Equity.”

Step 3: Choose "Denta Water and Infra Solutions" from the issue name section.

Step 4: Enter your IPO Application number or PAN number.

Step 5: Tick the “I’m not a robot” box to verify your identity.

Step 6: Click the “Search” button to view the Denta Water IPO allotment status details.

How to Check Denta Water IPO Allotment Status on Integrated Registry Management Services

Below are the steps to check the Denta Water IPO allotment status on the Integrated Registry website:

Step 1: Visit the Integrated Registry “IPO Allotment Status” Page.

Step 2: Select the Allotment Option “IPO” from the dropdown menu.

Step 2: Select Company “Denta Water and Infra Solutions Limited” in the dropdown menu.

Step 3: Select PAN No or Application No or DP ID & Client ID in the “Select Choice” dropdown menu.

Step 4: Enter “PAN No”/“Application No/DPID Client ID.”

Step 5: Click on “Submit” to check the Denta Water and Infra Solutions IPO allotment status

How to Check Denta Water IPO Allotment Status on NSE

Below are the steps to follow to check the Denta Water and Infra Solutions IPO allotment status on NSE:

Step 1: Visit the NSE website page “Verify IPO Bids” 

Step 2: Select the IPO symbol from the dropdown menu.

Step 3: Enter the PAN No. and Application No 

Step 4: Click Submit.

Step 5: Once submitted, check the "Allotment Details" section in the bid details to view the Denta Water and Infra Solutions IPO allotment status.

Denta Water IPO Subscription

The Denta Water IPO received a strong response from investors, with the issue being oversubscribed by 221 times at the end of Day 3. The subscription was driven by all categories of investors, with Non-Institutional Investors subscribing 507.07x, Qualified Institutional Buyers subscribing 236.94x, and Retail Individual Investors subscribing 90.38x.

Denta Water IPO Allotment Details

The total issue size for the IPO is Rs 220.50 Cr with a 100% fresh issue of Rs 220.50 Cr. The IPO is priced at a price band between Rs. 279 to Rs. 294 per share and a minimum lot size of 50 shares.

Denta Water IPO Listing Date and Projections

Denta Water IPO is set to be listed on the NSE and BSE on Wednesday, January 29, 2025. The last GMP of the company shows a positive sign for investors, with a return expected to be 40.82%.

Note: The Grey Market Premium (GMP) reflects market speculation and is not an official price.

Company Overview of Denta Water IPO 

Established in 2016, Denta Water and Infra Solutions Ltd is a water and infrastructure solutions company that works in the design, installation, and commissioning of water management infrastructure projects with expertise in groundwater recharge projects. In addition, it is also engaged in railways and highway construction projects.

Denta Water is one of the few companies in India with experience and expertise in executing groundwater recharging using recycled water. 

The company mainly works on projects awarded by state and central governments as contracts through the bidding process. Till now, Denta Water has completed 32 projects for the Karnataka government related to water management infra development and has 17 ongoing projects in various stages of implementation.

The company’s order book is mainly of GWR projects in the State of Karnataka. It has built its core competence with engineering expertise and core capability in the design and implementation aspects of GWR projects.

The Company intends to expand its presence in regions such as Gujarat, Madhya Pradesh, Maharashtra, and Uttar Pradesh beyond its current focus in Karnataka.