Denta Water and Infra Solutions Limited, a Karnataka-based company specializing in water management and infrastructure solutions, is set to launch its Initial Public Offering (IPO) on January 22, 2025. This IPO aims to raise funds to support the company’s growth plans and strengthen its market presence. Here’s a simplified look at the key details:
Key Dates
The IPO will open for bidding on Wednesday, January 22, 2025, and close on Friday, January 24, 2025. For anchor investors, the bidding will start a day earlier, on Tuesday, January 21, 2025. The allotment of shares is expected to be finalized on Monday, January 27, 2025, and the company’s shares will likely debut on the stock market on Wednesday, January 29, 2025.
Offer Type and Price Band
Denta Water and Infra’s IPO consists entirely of a fresh issue of 75 lakh equity shares. Each share has a face value of ₹10. The company has set a price band of ₹279 to ₹294 per share.
Lot Size
Retail investors can apply for a minimum lot size of 50 shares, which means the smallest investment amount is ₹14,700 if calculated at the upper price band of ₹294 per share.
As of January 20, 2025, the Grey Market Premium (GMP) for Denta Water and Infra’s IPO is ₹145 per share. This indicates a strong demand, as the shares are expected to list at ₹439 per share, offering a premium of 49.31% over the upper price band. GMP reflects the enthusiasm of investors even before the official listing.
Denta Water and Infra Solutions Limited focuses on designing and executing projects related to water management and infrastructure. The company has expertise in groundwater recharging, rainwater harvesting, and recycled water utilization. These solutions address critical issues like water scarcity and efficient water usage, making the business highly relevant in today’s times.
While the IPO looks attractive, investors should consider the potential risks, including market volatility, earnings dilution, and the possibility of the company not meeting its growth expectations.
The Denta Water and Infra IPO offers an exciting opportunity for investors looking to invest in a promising sector with strong growth potential. With a focus on innovative water solutions and infrastructure, the company is well-positioned to benefit from the increasing demand for sustainable water management in India.
