Denta Water IPO: Allotment Status

Denta Water IPO is subscribed by investor 221.54X, The IPO GMP on 26 Jan 2025 is 110.00 per share, price cap of this share is 294.0 estimate listing price will be price cap+gmp(414.0) expected listing gain is 40.82%.

Share has been allotted to investors user can check Allotment status from registrar website https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1 with enter your application number or PAN card number or DP ID. Share will be credit in demat account on Tuesday, January 28, 2025 and Initiation of Refunds on same day, Share will be list on Wednesday, January 29, 2025.

Denta Water IPO is raising ₹220.50 crore through  The issue is entirely a fresh issue of 0.75 crore shares. 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.

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