Denta Water and Infra Solutions Limited IPO
Denta Water and Infra Solutions Limited was a mainboard IPO in the Water Supply & Management sector, offered at ₹279–₹294 per share to raise ₹220 crore. The issue was subscribed 221.68× overall (QIBs 236.94×, NIIs 507.27×, retail 90.56×). It listed on 29 Jan 2025 at ₹325 and closed its first day at ₹341, a listing gain of +16.1% versus the ₹294 issue price. It now trades around ₹222 (-24.5% versus the issue price).
Frequently asked questions
- How many times was the Denta Water and Infra Solutions Limited IPO subscribed?
- The Denta Water and Infra Solutions Limited IPO was subscribed 221.68× overall — 236.94× in the QIB category, 507.27× among non-institutional investors, 90.56× in retail.
- What were the Denta Water and Infra Solutions Limited IPO listing gains?
- Denta Water and Infra Solutions Limited listed on 29 Jan 2025 at ₹325, closing its first day at ₹341 — a listing gain of +16.1% versus the ₹294 issue price.
- What were the retail allotment odds for the Denta Water and Infra Solutions Limited IPO?
- Retail was subscribed 90.56×, so a single-lot application had roughly a 1.1% chance of allotment (about 1 in 91), and allotment was finalised on 27 Jan 2025.
- What was the price band and lot size of the Denta Water and Infra Solutions Limited IPO?
- The price band was ₹279–₹294 per share, with a minimum lot of 50 shares (₹14,700 at the upper band).
- Who were the registrar and lead manager for the Denta Water and Infra Solutions Limited IPO?
- Integrated Registry Management Services Private Limited was the registrar, and SMC Capitals was the book-running lead manager.