Published 12:39 IST, January 22nd 2025
Denta Water IPO: Check Price Band, Latest GMP, Minimum Investment, Lot Size
Denta Water and Infra Solutions, a burgeoning player in water and infrastructure solutions, has launched its highly anticipated Initial Public Offering (IPO).
Established in 2016, Denta Water specializes in designing, installing, and commissioning water management infrastructure projects. The company's portfolio includes critical contributions to Bengaluru's wastewater management, including landmark projects like Byrapura, Hiremagaluru LIS, and KC Valley.
These initiatives underscore Denta Water's pivotal role in supporting the government's ambitious Jal Jeevan Mission. The company has come up with its IPO .
Denta Water IPO Details
Denta Water's IPO is valued at Rs 220.50 crore and consists entirely of fresh shares amounting to 0.75 crore.
The IPO opened for subscription on January 22 and will close on January 24, 2025.
Denta Water IPO Price Band
The IPO price band is set between Rs 279 to Rs 294 per share,
Denta Water IPO Lot Size
Denta Water IPO with a minimum lot size of 50 shares requires an investment of Rs 14,700 for retail investors.
Denta Water IPO GMP today
As per the market tracker website the Grey Market Premium (GMP) of Rs 165 as of January 22, suggests an estimated listing price of Rs 459 per share, indicating a potential gain of 56.12% from the upper price band.
Denta Water IPO Allotment and listing date
According to market trackers, the allotment of shares is expected to be finalized on January 27, 2025. Denta Water's listing on both BSE and NSE is scheduled for January 29, 2025.
Denta Water IPO Running Managers
The IPO is managed by SMC Capitals Limited, with Integrated Registry Management Services Private Limited serving as the registrar.
Updated 13:21 IST, January 22nd 2025