Denta Water IPO (Denta Water and Infra Solutions Limited IPO)
Denta Water IPO open for bidding on 22nd January 2024 and ends on 24th January 2024.
Denta Water and Infra Solutions Limited specializes in water management and infrastructure development, addressing India’s critical water challenges. Established in 2016 and headquartered in Bangalore, Karnataka, the company has transformed from Denta Properties and Infrastructure Pvt. Ltd. into a publicly listed firm, reflecting its growth and ambition.
The company’s core expertise includes designing and implementing sustainable water treatment solutions, focusing on wastewater management and effluent treatment plants (ETPs). It leverages cutting-edge technologies like advanced oxidation processes (AOPs) to meet the diverse needs of urban and rural sectors.
With a strong emphasis on innovation and efficiency, Denta is a partner to both government and private entities, contributing to mission-critical projects under initiatives like the Atal Mission for Rejuvenation and Urban Transformation (AMRUT).
For more details refer to Denta Water IPO RHP and Denta Water IPO Pulse Score
Denta Water IPO Details
| IPO Date | 22nd January 2024 to 24th January 2024 |
| Listing Date | [•] |
| Face Value | ₹10 per share |
| Price Band | ₹279 to ₹294 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 75,00,000 shares (aggregating up to ₹220.50 Cr) |
| Fresh Issue | 75,00,000 shares (aggregating up to ₹220.50 Cr) |
| Issue Type | Book Built Issue IPO |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | <50% |
| NII | >15% |
| bNII | 10% |
| sNII | 5% |
| Retail | >35% |
Denta Water IPO Timeline
| IPO Open | 22nd January 2025 |
| IPO Close | 24th January 2025 |
| Basis Of Allotment | 27th January 2025 |
| Initiation of Refunds | 28th January 2025 |
| Credit of Shares to Demat | 28th January 2025 |
| Listing Date | 29th January 2025 |
Fundamentals
Data as of 30th September 2024
| Market Cap | ₹784.98 Cr | P/E Ratio- Pre IPO | 9.45 |
| RoNW* | 12.84% | P/E Ratio- Post IPO | 16.22 |
| RoCE* | 18.96% | P/B Ratio | 5.01 |
| Debt to Equity | 0.01 | PAT Margin | 24.75% |
Note: P/E Ratio -Pre IPO is calculated based on Pre-issue Shareholding and FY Earnings of March 2024. P/E Ratio- Post IPO is calculated based on post-issue shareholding and annualized FY earnings for September 2024. RoCE and RoNW are for six-month period ended September 30, 2024
Denta Water IPO Objectives
The company proposes to utilize the Net Proceeds towards the funding of the following objects:
- To meet the working capital requirements of the Company; and
- General corporate purposes.
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