Markets / IPO / Denta Water and Infra Solutions

Denta Water and Infra Solutions IPO

Updated 18:57

Mainboard IPO on NSE and BSE · Water Supply & Management

Status

Listed

Price band

₹279–294

Lot size

50 shares · ₹14,700

Subscribed

221.68×

How it listed

Issue price

₹294

Listing price (open)

₹325.00 +10.54%

First-day close

₹341.25 +16.07%

Price now

₹235.69 -19.83%

Listing day	29 Jan 2025
Open / high / low / close	₹325.00 / ₹341.25 / ₹325.00 / ₹341.25
Shares traded on NSE	15,59,846
Market value at the listing-day close	₹911 cr

Closing prices since listing: 26 Oct ₹232.65, 27 Oct ₹237.25, 28 Oct ₹231.60, 29 Oct ₹229.55, 30 Oct ₹221.90, 2 Nov ₹228.42, 3 Nov ₹226.16, 4 Nov ₹240.29, 5 Nov ₹241.22, 6 Nov ₹237.20.

Denta Water and Infra Solutions share price, live chart and technicals →

Key dates

Bidding opens	22 Jan 2025
Bidding closes	24 Jan 2025
Allotment	27 Jan 2025
Refunds and shares in demat	28 Jan 2025
Listing	29 Jan 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Institutions (QIB)	15,00,000	28.57%	–
HNI / NII	11,25,000	21.43%	–
HNI, above ₹10 lakh	7,50,000	14.29%	217
HNI, ₹2–10 lakh	3,75,000	7.14%	535
Retail	26,25,000	50.00%	52,500

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	50	₹14,700
Retail (maximum)	13	650	₹1,91,100
Small HNI (minimum)	14	700	₹2,05,800
Small HNI (maximum)	68	3,400	₹9,99,600
Big HNI (minimum)	69	3,450	₹10,14,300

At ₹294 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 91

Retail allotments available

52,500 × one lot

Retail portion subscribed

90.56×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	15,00,000	35,54,07,600	236.94×
HNI / NII	11,25,000	57,06,83,300	507.27×
HNI, above ₹10 lakh	7,50,000	41,73,70,050	556.49×
HNI, ₹2–10 lakh	3,75,000	15,33,13,250	408.84×
Retail	26,25,000	23,77,27,200	90.56×
Total	52,50,000	1,16,38,18,100	221.68×

NSE and BSE bids together, as of 24 Jan 2025 19:00.

Demand at each price

Top price ₹294	9,693.76 lakh shares	83.1%
Cut-off final price, whatever it is; mostly retail	1,955.49 lakh shares	16.8%
Lower prices ₹279–293	12.30 lakh shares	0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	21 Jan 2025
Lock-in ends for the first 50% (30 days)	25 Feb 2025
Lock-in ends for the remaining 50% (90 days)	26 Apr 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹785 cr	₹629 cr
P/E (last 12 months' profit)	14.7	11.8

Revenue, last 12 months	₹242 cr
Profit, last 12 months	₹54 cr
Return on equity	11.7%
Debt to equity	0.03

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Water Supply & Management

Company	Listed	Subscribed	On listing	Since IPO
Technocraft Ventures	14 Aug	38.69×	+33.96%	+140.71%
Sattva Engineering Construction SME	3 Sept	–	+26.80%	-32.27%
Apex Ecotech SME	4 Dec	–	+90.00%	+260.89%
Enviro Infra Engineers	29 Nov	89.90×	+48.65%	+15.99%

IPO details

Price band	₹279–294
Final issue price	₹294
Lot size	50 shares
Minimum investment	₹14,700 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹10 per Equity Share
Industry	Water Supply & Management
Issue size	₹220.50 crore (about 75.00 lakh shares) · Fresh issue only
ISIN	INE0R4L01018
Registrar	Integrated Registry Management Services Private Limited Helpline: 23460815, giri@integratedindia.in
Lead managers	SMC Capitals Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 27 Jan 2025. Check it on the registrar's website (Integrated Registry Management Services Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Denta Water and Infra Solutions IPO price band and lot size?

The price band is ₹279–294 per share, and one lot is 50 shares (₹14,700 at the upper price).

When is the Denta Water and Infra Solutions IPO allotment date?

Allotment was finalised on 27 Jan 2025, the next working day after bidding closed on 24 Jan 2025.

How many times was the Denta Water and Infra Solutions IPO subscribed?

In total 221.68 times, on NSE and BSE together; retail 90.56 times.

What is the Denta Water and Infra Solutions IPO listing date?

It listed on 29 Jan 2025 on NSE and BSE.

What is the chance of getting Denta Water and Infra Solutions IPO shares?

At least 1 in 91 retail applicants got the minimum lot: 52,500 retail allotments with the retail portion subscribed 90.56 times. Winners are picked by lottery.

When does the Denta Water and Infra Solutions anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 25 Feb 2025 and the 90-day lock-in on the rest ends on 26 Apr 2025; they can sell from the next trading day.

What was the Denta Water and Infra Solutions listing gain?

It opened at ₹325.00 against an issue price of ₹294, a gain of 10.54%. It is now down 19.83% from the issue price.