
Infrastructure & Construction · NSE / BSE
Founded in 2016, Denta Water and Infra Solutions Limited is a growing company that specializes in water management and infrastructure projects. They focus on designing and installing systems for water conservation, especially groundwater recharge using recycled water. The company has worked on important projects like Byrapura, Hiremagaluru LIS, and KC Valley, helping Bengaluru with wastewater management and supporting the Government's Jal Jeevan Mission. In addition to its water projects, Denta Water owns 98 acres of land in Madikeri, Karnataka, where it grows coffee, pepper, and cardamom, and also operates a beach resort in Udupi. **Services provided:** - Feasibility studies - Project planning and design - Field surveys and soil testing - Tender bidding consultancy - Project management and construction supervision - Turnkey projects As of November 30, 2024, Denta Water has completed 32 water management projects and employs 89 people.
Price Band
₹279 – ₹294
Issue Size
₹221 Cr
Lot Size
50 shares
GMP
+24.8%
Est. Listing
₹367
at current GMP
Subscribed
222.12x
overall
Open
22 Jan 2025
Close
24 Jan 2025
Allotment
27 Jan 2025
Refund
28 Jan 2025
Demat Credit
29 Jan 2025
Listing
29 Jan 2025
Designated Registrar: Integrated Registry Management Services Private Limited
Allotment Date
27 Jan 2025
Basis finalization
Refunds Initiate
28 Jan 2025
Mandate release
Demat Credit
29 Jan 2025
Shares in demat
Listing Debut
29 Jan 2025
Trading begins
DENTA WATER AND INFRA SOLUTIONS LIMITED is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹220.5 Crores. The shares are offered at a price band of ₹279 to ₹294 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 50 shares (approx. ₹14,700 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Integrated Registry Management Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-01-29, while un-allotted funds or UPI block mandates will be released on 2025-01-28.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.