The much-awaited Denta Water and Infra IPO allotment status is expected to be announced today, January 27, 2025. The company, a key player in the water and infrastructure sector, successfully completed its initial public offering (IPO), which saw an overwhelming response from investors.
Key Details of Denta Water and Infra IPO
- Subscription Period: January 22 to January 24, 2025
- Price Band: ₹279 to ₹294 per share
- Funds Raised: ₹220.50 crore through a fresh issue of 75 lakh equity shares
- Total Subscription: Oversubscribed by 221.68 times
- Retail Investors: Subscribed 90.56 times
- Non-Institutional Investors (NII): Subscribed 507.27 times
- Qualified Institutional Buyers (QIBs): Subscribed 236.94 times
- Allotment Date: January 27, 2025
- Listing Date: Expected on January 29, 2025
Steps to Verify Denta Water and Infra IPO Allotment Status
Investors can check the allotment status online using the websites of BSE, NSE, or the IPO registrar, Integrated Registry Management Services. Follow these simple steps:
On the BSE Website:
- Go to the BSE IPO status page to check the allotment details.
- Select ‘Equity’ as the issue type.
- Select ‘Denta Water and Infra Solutions Limited’ from the dropdown menu.
- Enter your application number or PAN details.
- Verify using the captcha and click ‘Search’.
Your allotment details will be displayed.
On the Registrar’s Website:
- Visit the registrar’s website: Integrated Registry.
- Select ‘IPO’ in the allotment option dropdown.
- Choose ‘Denta Water and Infra Solutions Limited’ from the list.
- Enter your application number, DPID, or PAN based on your choice.
- Click ‘Submit’ to view your allotment status.
The grey market premium (GMP) for Denta Water and Infra IPO is currently ₹121 per share. This indicates strong investor interest in the IPO, with shares expected to list at a premium. Based on the GMP, the estimated listing price could be around ₹415 per share, representing a 41% gain over the upper price band of ₹294.
Denta Water and Infra IPO has generated significant interest among investors, as shown by its massive oversubscription and strong GMP. Investors who have been allotted shares will see them credited to their demat accounts, while refunds for unsuccessful bids will be processed shortly. The company’s shares are set to list on both the NSE and BSE on January 29, 2025. Before investing in any IPO, it is essential to thoroughly research the company, its financials, and market prospects to make informed decisions.
Stay updated to check your allotment status and prepare for the listing day!
