Denta Water IPO Allotment Today:- The much-awaited Denta Water IPO allotment is expected to be finalised today, Monday, January 27, 2025. With immense investor enthusiasm, the IPO was oversubscribed by a remarkable 221.68 times. Here’s a detailed guide for investors on allotment status, GMP trends, and listing price expectations.
Denta Water IPO Allotment Today
The allotment of shares for the Denta Water and Infra Solutions IPO is expected to be finalized today, Monday, January 27, 2025. This IPO, which closed for subscription on January 24, 2025, received an overwhelming response, with an oversubscription of 221.68 times, reflecting significant investor interest.
Once the allotment process is completed, investors can check their status online via the official websites of BSE, NSE, or the registrar, Integrated Registry Management Services. For ease of access, direct links to check the allotment status have also been made available. With listing day approaching, all eyes are on how this IPO, priced between Rs 279 and Rs 294 per share, will perform in the market.
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Denta Water IPO Allotment Overview
| Details | Information |
| IPO Name | Denta Water and Infra Solutions IPO |
| IPO Price Band | Rs 279 – Rs 294 per share |
| Lot Size | 50 shares |
| Total Issue Size | Rs 220.50 crore |
| Subscription Period | January 22 – January 24, 2025 |
| Overall Subscription | 221.68 times |
| Investor Category Subscription | – NIIs: 507.27 times – QIBs: 236.94 times – RIIs: 90.56 times |
| Grey Market Premium (GMP) | Rs 120 (40.82% over the upper price band) |
| Expected Listing Price | Approximately Rs 414 per share |
| Allotment Date | January 27, 2025 |
| Refunds Initiation Date | January 28, 2025 |
| Credit of Shares to Demat | January 28, 2025 |
| Listing Date | January 29, 2025 |
| Exchanges | BSE and NSE |
| Registrar | Integrated Registry Management Services |
| Category | Finance |
Denta Water IPO Allotment Status: How to Check?
The basis of allotment for the Denta Water IPO shares will be determined today. Investors can check their allotment status through the following methods:
- BSE Website: Visit the official website of BSE and navigate to the “Equity” section. Enter your application number, PAN, and select the Denta Water IPO to check the allotment status.
- NSE Website: Go to the NSE official website and follow the same procedure to verify your allotment.
- Registrar Website (Integrated Registry Management Services): Investors can also use the registrar’s dedicated portal to check their allotment status.
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Denta Water IPO Subscription Details
The Rs 220.50 crore public offering, priced within a band of Rs 279-294 per share, closed for subscription on January 24, 2025, and was met with overwhelming enthusiasm. Here’s a detailed look at the subscription statistics:
- Overall Subscription: 221.68 times
- Non-Institutional Investors (NIIs): 507.27 times
- Qualified Institutional Buyers (QIBs): 236.94 times
- Retail Individual Investors (RIIs): 90.56 times
This massive oversubscription highlights the strong demand for Denta Water IPO shares across investor categories.
Denta Water IPO Grey Market Premium (GMP) Today
As of today, the grey market premium (GMP) for Denta Water shares is trading at Rs 414 per share. This indicates a premium of Rs 120 or 40.82% over the upper price band of Rs 294.
The GMP reflects strong market sentiment and investor confidence, but it is essential to note that grey market trends are unregulated and may not always predict the actual listing price.
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Denta Water IPO Listing Price Prediction
The shares of Denta Water are set to list on the BSE and NSE on Wednesday, January 29, 2025. Based on current grey market trends, analysts predict the listing price to be approximately Rs 414 per share, representing a 41% return over the upper price band of Rs 294.
However, market conditions and demand on the listing day may influence the actual price.
Company Overview: Denta Water and Infra Solutions
Incorporated in 2016, Denta Water and Infra Solutions specializes in water and infrastructure management. The company offers services such as groundwater recharge, water management infrastructure, and construction projects for railways and highways.
- Established Presence: Completed 32 projects by November 30, 2024.
- Land Ownership: Holds agricultural land in Karnataka.
- Diverse Portfolio: Projects in Bengaluru and other major locations.
This established track record has positioned Denta Water as a reliable player in the water management and infrastructure sector, further fueling investor interest.
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Final Thoughts
The Denta Water IPO has generated immense excitement among investors, with record-breaking subscription figures and a strong grey market premium. If you’re an investor awaiting the allotment status or planning for the listing day, ensure to stay updated with official announcements.
For more updates on IPOs and financial trends, stay tuned to TrendingUpdates4U.com!
FAQ’s
When will the Denta Water IPO allotment be finalized?
The basis of allotment for the Denta Water IPO shares is expected to be finalized today, Monday, January 27, 2025.
What is the GMP of Denta Water IPO today?
As of today, the grey market premium for Denta Water IPO is Rs 120, reflecting a 40.82% premium over the upper price band.
How can I check the Denta Water IPO allotment status?
You can check the allotment status on the official websites of BSE, NSE, or the registrar (Integrated Registry Management Services).
What is the Denta Water IPO price band and lot size?
The IPO was offered at a price band of Rs 279 to Rs 294 per share, with a lot size of 50 shares.
When will Denta Water shares be listed on the stock exchanges?
Denta Water shares are scheduled to be listed on the BSE and NSE on Wednesday, January 29, 2025.
What is the expected listing price for Denta Water shares?
Based on the current GMP, the shares are expected to list at around Rs 414 per share, providing an approximate 41% return over the issue price. However, the actual listing price may vary.
What does Denta Water and Infra Solutions do?
Denta Water and Infra Solutions specializes in water management infrastructure projects, including groundwater recharge initiatives. The company also undertakes construction projects for railways and highways.
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