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Denta Water & Infra Solutions Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹294
Per Share
GMP
NIL
Grey Market
Est. Listing
₹294
Expected Price
Min. Application
₹29,400
2 lots × 50 shares
IPO Issue Details
Issue Price / Price Band₹294 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size50 Shares per Lot
Total Issue Size75,00,000 shares (aggregating up to ₹220.50 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 22 Jan 2025
Subscription CloseFri, 24 Jan 2025
Anchor AllotmentTue, 21 Jan 2025
Basis of AllotmentMon, 27 Jan 2025
Initiation of RefundsTue, 28 Jan 2025
Credit of Shares to DematTue, 28 Jan 2025
Listing DateWed, 29 Jan 2025
UPI Mandate Deadline2025-01-24
Application & Investment Details
Retail — Min (1 Lots)14,700 — 50 shares
Retail — Max (13 Lots)₹191,100 (13 Lots)
HNI — Min (14 Lots)2,05,800 — 700 shares
EPS (Pre-IPO)₹31.11
EPS (Post-IPO)₹18.13
P/E Ratio (Pre-IPO)9.45x
P/E Ratio (Post-IPO)16.22x
Pre-IPO Promoter Holding1,92,00,000 shares
Post-IPO Promoter Holding2,67,00,000 shares
About Denta Water & Infra Solutions Ltd.

Incorporated in 2016, Denta Water and Infra Solutions Limited is a growing water and infrastructure solutions company engaged in designing, installing, and commissioning water management infrastructure projects with expertise in groundwater recharge projects.The company has experience in water engineering and EPC services, the company specializes in infrastructure projects, including groundwater recharging through recycled water, addressing growing water solution demands.The company has successfully executed major projects like Byrapura, Hiremagaluru LIS, and KC Valley, contributing to Bengaluru's wastewater management and supporting the Government's Jal Jeevan Mission.The company owns 98 acres of land in Madikeri, Karnataka, producing coffee, pepper, and cardamom. Additionally, it has a beach resort in Udupi, generating revenue through a facility management agreement.Services: The company provides a comprehensive range of water management services likePreliminary investigations and reconnaissanceFeasibility studiesPlanning and project formulationField surveys and soil testingDesign servicesTender bidding consultancyProject management and construction supervisionOperation and maintenance guidelinesEngineering procurement consultancyTurnkey projects As of November 30, 2024, the company has executed 32 water management projects 11 as the main contractor, 1 in a joint venture, and 20 as a sub-contractor. In addition, the company undertakes construction projects on railways and highways.As of November 30, 2024, the company had 89 permanent employees.Competitive Strengths:Established expertise in water management projects with special focus on groundwater rechargingIn-house expertise in designing and engineering of water management infrastructure projectsStrong Management TeamStrong order bookEstablished track record for timely executionEfficient Business Model

Objects of the Issue

Denta Water & Infra Solutions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
To meet working capital requirements of the Company
2
General corporate purposes, subject to the applicable laws
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,92,00,000 shares
Post-IPO Promoter Holding 2,67,00,000 shares
Lock-in Period (30%)February 26, 2025
Lock-in Period (50%)April 27, 2025
Check AllotmentCheck Status →
Denta Water & Infra Solutions Ltd. — Live Price LIVE
₹294.00
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Issue ₹294.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹294
GMPNIL
Est. Listing₹294
Lot Size50 shares
Min Amount₹29,400
Listing Date29 Jan 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹294
Listing Date29 Jan 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 7,500,000 100.00% ₹220.50 Cr
* Based on ₹294.00 (upper price band)
Lot Size & Investment Details
Lot Size
50
Shares
Issue Price
₹294.00
Per Share
Min Investment
₹14,700
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 50 ₹14,700
Retail (Max) 13 650 ₹191,100
sNII (Min) 14 700 ₹205,800
bNII (Min) 69 3,450 ₹1,014,300
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 98.51 241.84 175.75
EBITDA N/A N/A N/A
Profit After Tax (PAT) 24.20 59.73 50.11
Net Worth 188.46 164.26 104.55
Total Assets 220.35 219.85 123.28
Reserves & Surplus 169.26 145.06 99.74
Total Borrowings 0.71 0.86 1.15
Key Ratios & Valuation
Issue Price ₹294
Face Value ₹10 Per Share
P/BV 5.01
RoE 36.36%
RoCE 76.99%
RoNW 36.36%
PAT Margin (%) 25.03%
EBITDA Margin (%) N/A
Debt / Equity 0.01
Company Details
Company
Denta Water & Infra Solutions Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
40, 3rd floor, Sri Lakshminarayana Mansion, South End Road, Basavanagudi, South Bangalore 560 004 Bangalore Urban, Karnataka
Book Running Lead Managers
SMC Capitals Ltd.
Book Running Lead Manager (BRLM)