Denta Water And Infra Solutions Limited

Denta Water And Infra Solutions Limited

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹279 - ₹294

Total Issue

₹220.50 Cr

Bid Dates

22 Jan - 24 Jan

Subscription

221.68x

Est. GMP

₹31 (10.54%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Denta is a rapidly growing company in water and infrastructure solutions which specializes in designing, installing, and commissioning water management projects, with a strong focus on groundwater recharging. Additionally, it undertakes railway and highway construction projects. Among the few in India with expertise in groundwater recharging using recycled water, the company offers end-to-end solutions, including operations and maintenance, ensuring sustainable and efficient water management.

Lot Info

Lot Information for Denta Water IPO
Category Lots Shares Amount
Retail (Min) 1 50 ₹14,700
Retail (Max) 13 650 ₹1,91,100
S-HNI (Min) 14 700 ₹2,05,800
S-HNI (Max) 68 3,400 ₹9,99,600
B-HNI (Min) 69 3,450 ₹10,14,300

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹220.50 Cr
Fresh Issue
₹220.50 Cr (0.75 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

1. To meet the working capital requirements
2. General corporate purposes

Grey Market Premium

GMP ₹31
Est. Price ₹325
Est. Gain 10.54%

Denta Water IPO Peer Comparison

(Rs. in crores)

Denta Water IPO Peer Comparison Table
Particulars Denta Water Va Tech Wabag EMS Limited
Revenue from operations (in Crs) 238.60 2,856.40 793.31
Profit after Tax (in Crs) 59.73 250.40 152.66
EPS (Basic) 31.11 39.49 29.38
NAV per share 85.55 292.43 143.73
Price to Earning 9.45 38.41 27.47
EBITDA Margin (%) 33.29 12.82 25.70
PAT Margin (%) 25.03 8.77 19.24
Debt Equity Ratio 0.01 0.15 0.09
  • All information pertains to FY 2023-24.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 10, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Denta Water IPO
Particulars 220.35 219.85 123.28 60.64 Mar-24 Mar-23 Mar-22
Revenue from Operations 97.78 238.60 174.32 119.57
Profit after Tax 24.20 59.73 50.11 38.34
Net Worth 188.46 164.26 104.55 54.43
Total Borrowing 0.71 0.86 1.15 0.00
Total Assets 220.35 219.85 123.28 60.64
NAV per share (in ₹) 98.16 85.55 54.45 28.35
EPS - Basic (in ₹) 12.60 31.11 26.10 19.97

KPIs

ROCE (%)

76.99

ROE (%)

36.36

RoNW (%)

36.36

EBITDA (%)

33.17

PAT (%)

25.03

Price to earning (PE)

9.45

Mkt Cap (in Crs.)

784.98

Price to Book (PB)

3.44

  • All the data pertains to FY 2023-24.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

1.02%

Public

98.98%

Sowbhagyamma 35.00%
Hema H M 35.00%
C Mruthyunjaya Swamy 25.00%

Management

Manish Shetty Managing Director
Sujith T R Chief Financial Officer

Registrar & Lead Managers

Registrar

Integrated Registry

Integrated Registry

Lead Managers (1)

SMC Capitals SMC Capitals

Subscription Status

Updated as on 24-Jan-2025 19:00:00

Mainboard Subscription Status for Denta Water IPO
Category Sub (x) Offered Bids
QIB 236.94 15,00,000 35,54,07,600
NII 507.27 11,25,000 57,06,83,300
bHNI 556.49 7,50,000 41,73,70,050
sHNI 408.84 3,75,000 15,33,13,250
Retail 90.56 26,25,000 23,77,27,200
Total 221.68 52,50,000 1,16,38,18,100

Subscription data excludes the Anchor Investor portion.

Frequently Asked Questions

What is Denta Water IPO?
Denta Water IPO is a Mainboard IPO having an issue size of ₹220.50 Crs. Denta Water IPO is priced at ₹279 - ₹294 per share. The issue opens on 22 Jan 25 and closes on 24 Jan 25.
When will Denta Water IPO open?
Denta Water IPO opens on 22 Jan 25 and closes on 24 Jan 25.
What is the GMP of Denta Water IPO?
The estimated Grey Market Premium of Denta Water IPO is ₹31 per share (10.54%).
What is the lot size of Denta Water IPO?
The minimum lot size of Denta Water IPO is 50 shares & the minimum application amount is Rs. 14700.
When is the allotment of Denta Water IPO?
The allotment date of Denta Water IPO is 27 Jan 25.
What is the listing date of Denta Water IPO?
The listing date of Denta Water IPO is 29 Jan 25.
What is the subscription of Denta Water IPO?
Denta Water IPO is subscribed 221.68 times.
What is the price band of Denta Water IPO?
Denta Water IPO is priced at ₹279 - ₹294 per share.
How to check allotment status of Denta Water IPO?
Click the allotment link on Denta Water IPO page of IPO360.
How to apply Denta Water IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Denta Water IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Denta Water IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Denta Water IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date