Denta Water IPO is raising ₹220.50 crore through The issue is entirely a fresh issue of 0.75 crore shares. Denta Water IPO estimated listing price is ₹339 (cap price + today’s GMP).The expected percentage gain/loss per share is 15.31% as on 17th of Jan 2025. IPO will open for application on 22nd Jan, 2025, and close on 24th Jan, 2025. The allotment will be finalized on 27th Jan, 2025, with the shares tentatively listed on the BSE and NSE on 29th Jan, 2025.
The price band for the IPO is ₹279 to ₹294 per share with ₹10 per share face value. Retail investors can apply for a minimum lot size of 50 shares, requiring an investment of ₹14,700. Small Non-Institutional Investors (sNII) need a minimum of 14 lots (700 shares), amounting to ₹2,05,800, while large Non-Institutional Investors (bNII) must apply for 69 lots (3,450 shares), amounting to ₹10,14,300.
| IPO Open Date | Wednesday, January 22, 2025 |
| IPO Close Date | Friday, January 24, 2025 |
| Basis of Allotment | Monday, January 27, 2025 |
| Initiation of Refunds | Tuesday, January 28, 2025 |
| Credit of Shares to Demat | Tuesday, January 28, 2025 |
| Listing Date | Wednesday, January 29, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 24, 2025 |
Company Financial Report
The company reported revenue of ₹241.84 crores in 2024 against ₹175.75 crore in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹119.64 | ₹67.85 | ₹38.34 | ₹60.64 |
| 2023 | ₹175.75 | ₹107.83 | ₹50.11 | ₹123.28 |
| 2024 | ₹241.84 | ₹160.45 | ₹59.73 | ₹219.85 |
| September 2024 | ₹98.51 | ₹65.38 | ₹24.2 | ₹220.35 |
About Denta Water and Infra Solutions Limited
Denta water was incorporated in 2016, Denta is a growing water and infrastructure solutions companies engaged in design, installation and commissioning of water management infrastructure projects with expertise in ground water recharging projects. It also undertakes the operations and maintenance of water management infrastructure projects for a specific contractual period. In addition, Denta also undertakes construction projects in the field of railways and highways. Denta is one of the few companies in India having experience and expertise in design, installation, commissioning, operations and maintenance of ground water recharging using recycled water.
Denta Water is one of the few companies with incredible expertise in groundwater recharge projects, the company is involved in the design, installation, and commissioning of water infrastructure projects. The company also engages in the maintenance of water infrastructure projects to check for a specific period of time. Moreover, they also handle construction projects for railway and highway fields. Due to the growing demand for water-related solutions in the country, Denta Water took a vital step and became the major contributor to addressing the issue and installing groundwater recharging projects through recycled water. Byrapura, Hiremagaluru, and Karagada Lift Irrigation System (LIS) projects are some of the projects they took and successfully completed. They took part in the Government’s Jal Jeevan Mission showing their incredible commitment to water management projects. The company had 89 permanent employees as of November 30, 2024.
Denta's Mission :
To continuously innovate and execute superior water revitalization projects, upholding the highest standards of engineering excellence and environmental responsibility.
Denta Water IPO Registrar
Integrated Registry Management Services Private Limited
Phone: 044 – 28140801 to 28140803
Email: vijayagopal@integratedindia.in
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1