Denta Water IPO
- IPO Date22 Jan, 2025 to 24 Jan, 2025
- Listing Date29 Jan, 2025
- Face Value₹10 per share
- Issue Price₹279 to ₹294 per share
- Lot Size50 Shares
- Minimum Investment₹14,700
- Listing AtBSE, NSE
- Total Issue Size75,00,000 Shares
(aggregating up to ₹220.50 Cr) - Fresh Issue75,00,000 Shares
(aggregating up to ₹220.50 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,92,00,000
- Shareholding post issue2,67,00,000
IPO Dates
Closing Date
24 Jan, 2025
Initiation of Refunds
28 Jan, 2025
Listing Date
29 Jan, 2025
22 Jan, 2025
Opening Date
27 Jan, 2025
Basis of Allotment
28 Jan, 2025
Credit of Shares
Denta Water Lot Size
Investors can bid for a minimum of 50 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,700 |
| B-HNI (Min) | 69 | 3450 | ₹10,14,300 |
| S-HNI (Max) | 68 | 3400 | ₹9,99,600 |
| Retail (Max) | 13 | 650 | ₹1,91,100 |
| S-HNI (Min) | 14 | 700 | ₹2,05,800 |
Denta Water Promoter Holding
Sowbhagyamma, Sujith TR, C Mruthyunjaya Swamy and Hema HM are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
Denta Water COMPANY INFORMATION
Denta Water IPO is a book built issue of Rs 220.50 crores. The issue is entirely a fresh issue of 0.75 crore shares. Denta Water IPO opens for subscription on January 22, 2025 and closes on January 24, 2025. The allotment for the Denta Water IPO is expected to be finalized on Monday, January 27, 2025. Denta Water IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, January 29, 2025. Denta Water IPO price band is set at ₹279 to ₹294 per share. The minimum lot size for an application is 50. The minimum amount of investment required by retail investors is ₹14,700. The minimum lot size investment for sNII is 14 lots (700 shares), amounting to ₹2,05,800, and for bNII, it is 69 lots (3,450 shares), amounting to ₹10,14,300. Smc Capitals Limited is the book running lead manager of the Denta Water IPO, while Integrated Registry Management Services Private Limited is the registrar for the issue.
Incorporated in 2016, Denta Water and Infra Solutions is a growing water and infrastructure solutions company engaged in designing, installing, and commissioning water management infrastructure projects with expertise in groundwater recharge projects.
The company has experience in water engineering and EPC services, the company specializes in infrastructure projects, including groundwater recharging through recycled water, addressing growing water solution demands.
The company has successfully executed major projects like Byrapura, Hiremagaluru LIS, and KC Valley, contributing to Bengaluru's wastewater management and supporting the Government's Jal Jeevan Mission.
The company owns 98 acres of land in Madikeri, Karnataka, producing coffee, pepper, and cardamom. Additionally, it has a beach resort in Udupi, generating revenue through a facility management agreement.
Services: The company provides a comprehensive range of water management services like
- Preliminary investigations and reconnaissance
- Feasibility studies
- Planning and project formulation
- Field surveys and soil testing
- Design services
- Tender bidding consultancy
- Project management and construction supervision
- Operation and maintenance guidelines
- Engineering procurement consultancy
- Turnkey projects
As of November 30, 2024, the company has executed 32 water management projects 11 as the main contractor, 1 in a joint venture, and 20 as a sub-contractor. In addition, the company undertakes construction projects on railways and highways.
As of November 30, 2024, the company had 89 permanent employees.
Competitive Strengths:
- Established expertise in water management projects with special focus on groundwater recharging
- In-house expertise in designing and engineering of water management infrastructure projects
- Strong Management Team
- Strong order book
- Established track record for timely execution
- Efficient Business Model
Denta Water and Infra Solutions IPO
IPO Overview and Key Highlights
Denta Water and Infra Solutions, a Bengaluru-based company specializing in water infrastructure and wastewater management solutions, is offering its Initial Public Offering (IPO). The IPO includes a fresh issue of up to 7,500,000 equity shares with a face value of ₹10 each. The proceeds will be used for working capital, operational expansion, and other corporate purposes. Shares will be listed on the NSE and BSE.
Key IPO Details
- Type of Issue: 100% Book Built Issue
- Total Issue Size: 7,500,000 equity shares
- Face Value: ₹10 per share
- Offer Price: To be determined
- Offer Opens: January 22, 2025
- Offer Closes: January 24, 2025
- Listing Exchange: NSE and BSE
Company Overview
Founded in 2016 and headquartered in Bengaluru, Denta Water and Infra Solutions focuses on providing innovative water infrastructure solutions, including wastewater treatment and sustainable water management systems. Promoters Sowbhagyamma, Sujith T R, C. Mruthyunjaya Swamy, and Hema H M bring expertise in infrastructure management. The company’s operations cater to industrial, municipal, and community projects, contributing to sustainable water management.
Financial Overview
Denta Water has demonstrated growth through its specialized projects and services. The IPO proceeds will be utilized for operational expansion, upgrading technology, and improving working capital.
Key Strengths of Denta Water and Infra Solutions
- Specialized Expertise: Focus on water infrastructure and wastewater management solutions.
- Sustainability Focus: Prioritizes environmentally friendly and sustainable water management systems.
- Experienced Leadership: Promoters with extensive knowledge in infrastructure management.
IPO Pros and Cons
Pros
- Growing Sector: Increasing investments in water infrastructure and wastewater management.
- Operational Expansion: IPO proceeds to enhance service capabilities and market presence.
- Established Presence: Strong reputation for delivering sustainable water solutions.
Cons
- Market Dependency: Revenue tied to infrastructure development projects and government policies.
- Competitive Landscape: Faces competition from larger infrastructure players.
- Regulatory Challenges: Compliance with environmental and infrastructure regulations.
Risk Factors
Potential investors should consider the following risks:
- Economic Sensitivity: Revenue linked to infrastructure project demand.
- Operational Challenges: Scaling operations while maintaining efficiency and quality.
- Regulatory Compliance: Adherence to environmental standards and project-specific regulations.
Conclusion
The Denta Water and Infra Solutions IPO offers an opportunity to invest in a specialized infrastructure company with a focus on sustainability. With its experienced leadership and growing market presence, the company is well-positioned to capitalize on increasing investments in water management infrastructure. However, potential investors must assess risks related to market dependency, competition, and regulatory challenges before making an investment decision.
FAQs About Denta Water Ipo
Denta Water IPO will open on 22 Jan, 2025 and close on 24 Jan, 2025. Investors must apply within this period to participate.
The Denta Water IPO price band is set between ₹279.00 and ₹294.00 per share. The minimum lot size is 50, requiring an investment of at least ₹14700.00.
The Denta Water IPO shares are expected to be listed on 29 Jan, 2025, subject to regulatory approvals and final allotment.
You can track your Denta Water IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Denta Water IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.