Denta Water And Infra Solutions IPO
Denta Water And Infra Solutions Limited
Minimum investment
Denta Water And Infra Solutions IPO Details
Bidding date
22 Jan - 24 Jan 2025
Price range
—
Minimum quantity
50
Minimum investment
₹13,950
Issue size
—
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Denta Water And Infra Solutions IPO Dates & Timeline
About Denta Water And Infra Solutions IPO: Company Overview
Established in 2016, Denta Water and Infra Solutions Limited is a seasoned player in the field of water engineering, procurement, and construction (EPC) services. With a track record in infrastructure project installations, including groundwater recharging through recycled water, Denta Water has been a key contributor to addressing the rising demand for water-related solutions in the country. Their notable achievements include pivotal projects like the Byrapura and Hiremagaluru LIS Project, Karagada LIS Project, and others, primarily executed through lift irrigation systems. Company's has significant involvement in the 'Jal Jeevan Mission' of the Government of India.
Strengths & Risks of Denta Water And Infra Solutions IPO
Established expertise: Denta Water and Infra Solutions has established its credentials as a water management solutions provider, particularly, in the field of ground water recharge projects and lift irrigation projects. Since incorporation, they have completed 32 water management infrastructure projects for Government of Karnataka.
In-house expertise: Company has a competent team with expertise in projects such as ground water recharging, lift irrigation, etc with an in-house design and engineering team focussed on design capabilities for geographical complexities.
Strong Management: Company is led by qualified and experienced Promoters. Promoter, C Mruthyunjayaswamy, has over 38 years of experience in the civil sector. He has held various positions in the Government.
Strong order book : Company is a growing water and infrastructure solutions companies engaged in design, installation, commissioning of water management infrastructure projects with expertise in GWR Projects.
Legal proceeding: In the past, one of company's Promoters, C Mruthyunjaya Swamy, in the capacity as a secretary of the Public Works Department, Karnataka, has been subjected to enquiry by the Lokayukta Police, Bangalore and initiation of certain legal proceedings by the Enforcement Directorate against him.
Contract based projects: Company's relationships with its clients are mainly contract-based projects and revenue is generated from projects awarded from time to time. The timing of awards for such projects is unpredictable and outside of its control.
Government clients: Company procures government contracts either through direct contracts (independently or as consortium partner) or as sub-contracts. Our revenue contribution from government clients and the subcontracting projects has increased to 63%.
How to Apply for Denta Water And Infra Solutions IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.