
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
Overall Subscription
222.12x
Total Demand
QIB Multiplier
236.94x
Institutions & Funds
NII / HNI
507.27x
High Net-Worth
Retail (RII)
90.56x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,500,000 | 355,407,600 | 236.94x |
| NIB | 1,125,000 | 570,683,300 | 507.27x |
| HNIs(10L +) | 750,000 | 417,370,050 | 556.49x |
| HNIs (2-10L) | 375,000 | 153,313,250 | 408.84x |
| RETAIL | 2,625,000 | 237,727,200 | 90.56x |
| Total | 6,375,000 | 1,734,501,400 | 222.12x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 52,500 | 4,754,544 | 90.56x |
| HNIs(10L +) | 1,071 | 596,243 | 556.72x |
| HNIs (2-10L) | 536 | 219,019 | 408.62x |
| Total Applications | 54,107 | 5,569,806 | 102.94x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for DENTA WATER AND INFRA SOLUTIONS LIMITED IPO is ₹73 per equity share. Based on the upper price band of ₹279 to ₹294 per equity share, the estimated listing price is ₹367 (+24.8% expected listing gain).
With a lot size of 50 shares and current GMP of ₹73, the expected profit per application lot is approx ₹3,650 (+24.8% gain). Minimum application cost is approx ₹14,700.
The DENTA WATER AND INFRA SOLUTIONS LIMITED IPO aggregate issue size is ₹220.5 Crores with an equity price band set at ₹279 to ₹294 per equity share. The retail lot size is 50 shares requiring a minimum capital outlay of approx. ₹14,700.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 222.12x (Retail: 90.56x, QIB: 236.94x, NII: 507.27x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Integrated Registry Management Services Private Limited) and the BSE status verification website on or around 2025-01-27. Investors can verify status using PAN card or application number.
DENTA WATER AND INFRA SOLUTIONS LIMITED shares are scheduled to list on NSE and BSE on 2025-01-29.