Denta Water IPO Details: The Denta Water and Infra Solutions IPO is scheduled to open on January 22, 2025, and close on January 24, 2025. This is a Book Built Issue, aiming to raise approximately ₹220.50 crores. The offering consists of a fresh issue of ₹220.50 crores and an offer for sale of equity shares with a face value of ₹10 each.
The price band for the Denta Water IPO is set between ₹279 and ₹294 per share. The allotment breakdown is as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The IPO will be listed on both BSE and NSE on January 29, 2025, with the allotment date scheduled for January 27, 2025.
For the fiscal year 2024, the company reported a revenue of ₹241.84 crores, compared to ₹175.75 crores in 2023. It also reported a profit of ₹59.73 crores in 2024, up from ₹50.11 crores in 2023. Based on the financials, investors are advised to consider applying for the IPO with a long-term perspective.
Denta Water IPO Objectives:
The Company proposes to utilize the Net Proceeds raised through the Issue for the following objects:
- To meet working capital requirements of the Company
- General corporate purposes, subject to the applicable laws
Denta Water IPO Review (Apply or Not)
- May Apply
Denta Water IPO Date & Price Band Details:
| IPO Open Date: | January 22, 2025 |
| IPO Close Date: | January 24, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹279 to ₹294 Per Share |
| Issue Size: | Approx ₹220.50 Crores |
| Fresh Issue: | Approx ₹220.50 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Denta Water IPO Lot Size:
The minimum market lot for the Denta Water IPO is 50 shares, with an application amount of ₹14,700. Retail investors can apply for up to 13 lots, totaling 650 shares, amounting to ₹1,91,100.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 50 | ₹14,700 |
| Retail Maximum | 13 | 650 | ₹1,91,100 |
| S-HNI Minimum | 14 | 700 | ₹2,05,800 |
| B-HNI Minimum | 69 | 3,450 | ₹10,14,300 |
Denta Water IPO Timeline:
The Denta Water IPO will open on January 22 and close on January 24. The IPO allotment will be finalized on January 27, and the listing is scheduled for January 29.
| IPO Open Date: | January 22, 2025 |
| IPO Close Date: | January 24, 2025 |
| Basis of Allotment: | January 27, 2025 |
| Refunds: | January 28, 2025 |
| Credit to Demat Account: | January 28, 2025 |
| IPO Listing Date: | January 29, 2025 |
Denta Water IPO GMP Today:
The latest GMP for the Denta Water IPO is ₹150. With the price band of ₹294.00, the estimated listing price for the Denta Water IPO is ₹444 (cap price + today’s GMP). This reflects an expected gain of 51.02% per share.
Promoters of Denta Water IPO
The promoters of Denta Water and Infra Solutions are Sowbhagyamma, Sujith TR, C. Mruthyunjaya Swamy, and Hema HM.
About Denta Water IPO
Denta Water and Infra Solutions Limited, founded in 2016, is an emerging player in the water and infrastructure sector. The company is recognized for its expertise in groundwater recharge projects and specializes in the design, installation, and commissioning of water infrastructure projects. Additionally, Denta Water provides maintenance services for water infrastructure to ensure their optimal performance over time.
The company also engages in construction projects within the railway and highway sectors. As the demand for water-related solutions grows in the country, Denta Water has become a key contributor to addressing water scarcity issues through innovative groundwater recharge projects using recycled water. Notable projects completed by Denta Water include Byrapura, Hiremagaluru, and the Karagada Lift Irrigation System (LIS).
Denta Water also actively participates in the Government’s Jal Jeevan Mission, demonstrating its strong commitment to advancing water management initiatives. As of November 30, 2024, the company employs 89 permanent staff members.
Denta Water IPO Company Financial Report
The company reported revenue of ₹241.84 crores in 2024 against ₹175.75 crore in 2023. The company reported profit of ₹59.73 crores in 2024 against Profit of ₹50.11 crores 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 |
Denta Water IPO Valuation – FY2024
Check Denta Water IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 36.36% |
| ROCE: | 76.99% |
| EBITDA Margin: | 33.17% |
| PAT Margin: | 25.03% |
| Debt to equity ratio: | 0.01 |
| Earning Per Share (EPS): | ₹31.11 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 36.36% |
| Net Asset Value (NAV): | ₹85.55 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| VA Tech Wabag | 39.49 | 38.41 | 13.77% | 292.43 | 2,856.4 Cr. |
| EMS Limited | 29.38 | 27.47 | 19.13% | 143.73 | 538.16 Cr. |
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
IPO Lead Managers aka Merchant Bankers
- Smc Capitals Limited
Company Address
Denta Water and Infra Solutions Limited
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/
Denta Water IPO FAQs
What is Denta Water IPO?
Denta Water IPO is a Mainboard IPO, through which the company plans to raise ₹220.50 crores. The price range for the IPO is ₹279 to ₹294 per equity share. The shares will be listed on both BSE and NSE.
When will Denta Water IPO open for subscription?
The IPO will open for subscription on January 22, 2025, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors. The subscription will close on January 24, 2025.
What is the Denta Water IPO Investors’ Portion?
The allocation for investors is as follows: 50% for QIBs, 15% for NIIs, and 35% for Retail Investors.
How to Apply for the Denta Water IPO?
You can apply for the Denta Water IPO through ASBA (Application Supported by Blocked Amount) online via your bank account. Additionally, you can apply via UPI through your stock broker or by filling out the offline form through your stock broker.
What is the Denta Water IPO Issue Size?
The issue size for the Denta Water IPO is ₹220.50 crores.
What is the Denta Water IPO Price Band?
The price band for the Denta Water IPO is ₹279 to ₹294 per share.
What is the Denta Water IPO Lot Size?
The minimum bid is for 50 shares, with an application amount of ₹14,700.
What is the Denta Water IPO Allotment Date?
The allotment date for the Denta Water IPO is January 27, 2025.
What is the Denta Water IPO Listing Date?
The listing date for the Denta Water IPO is January 29, 2025. The shares will be listed on both BSE and NSE.
