Allotment

Denta Water is launching an IPO through a book-building issue of ₹220.50 crore, comprising entirely a fresh issue of 0.75 crore shares. The proceeds from the issue will be utilized to support the company’s growth initiatives and strengthen its business operations.
Issue Details
The price band for the IPO is fixed at ₹294 per share. The lot size for an application is 50 shares, and investors can bid in multiples of 50 shares. Retail investors can participate with a minimum investment of ₹14,700, while the minimum investment for sNII is 700 shares (14 lots) amounting to ₹2,05,800, and for bNII, it is 3,450 shares (69 lots) totaling ₹10,14,300.
Timeline
The IPO opened on January 22, 2025, and closed on January 24, 2025. The allotment was finalized on January 27, 2025, and the shares were subsequently listed on BSE and NSE on January 29, 2025.
Key Participants
SMC Capitals Ltd. is the Book Running Lead Manager, while Integrated Registry Management Services Pvt. Ltd. serves as the Registrar of the Issue, supporting the IPO process and investor services.
₹2940%
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Updates On
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IPO Market price
| IPO Date | 29 Jan |
| IPO Listing Date | 29 Jan |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹294.00 |
| IPO Issue Size | 75,00,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 1,92,00,000 shares |
| IPO Open Date | 22 Jan |
| IPO Close Date | 24 Jan |
| IPO Allotment (Tentative) | 27 Jan |
| Refunds | 28 Jan |
| Credit to Demat Account | 28 Jan |
| IPO Listing Date | 29 Jan |
| Category | Offer |
|---|---|
| QIB Shares Offered | 37,50,000 Shares |
| NII (HNI) Shares Offered | 11,25,000 Shares |
| Retail Shares Offered | 26,25,000 Shares |
Investors can apply for a minimum of 50 shares, and bids must be made in multiples of 50 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,700 |
| Retail (Max) | 14 | 650 | ₹1,91,100 |
| S-HNI (Min) | 15 | 700 | ₹2,05,800 |
| S-HNI (Max) | 68 | 3,400 | ₹9,99,600 |
| B-HNI (Min) | 69 | 3,450 | ₹10,14,300 |
Incorporated in 2016, Denta Water and Infra Solutions Limited is a growing water and infrastructure solutions company engaged in the designing, installation, and commissioning of water management infrastructure projects, with a strong focus on groundwater recharge solutions. The company offers engineering and EPC services to address increasing water scarcity and infrastructure needs.
Operations and Project Experience
Denta Water has successfully executed several large-scale projects, including Byrapura, Hiremagaluru LIS, and KC Valley, contributing significantly to Bengaluru’s wastewater management initiatives and supporting the Government of India’s Jal Jeevan Mission. As of November 30, 2024, the company had executed 32 water management projects, comprising 11 projects as the main contractor, 1 joint venture project, and 20 projects as a sub-contractor. In addition to water projects, the company also undertakes railway and highway construction projects.
Services and Assets
The company provides a comprehensive suite of water management services, including feasibility studies, project planning, field surveys, design services, tender consultancy, project management, construction supervision, operation and maintenance guidelines, engineering procurement consultancy, and turnkey project execution. Beyond its core operations, Denta Water owns 98 acres of agricultural land in Madikeri, Karnataka, producing coffee, pepper, and cardamom, and operates a beach resort in Udupi under a facility management agreement, generating additional revenue streams.
Workforce and Competitive Strengths
As of November 30, 2024, the company employed 89 permanent professionals. Its competitive strengths include established expertise in groundwater recharge projects, strong in-house design and engineering capabilities, an experienced management team, a robust order book, a proven track record of timely project execution, and an efficient business model supporting scalable growth.
| Assets | 220.35 | 219.85 | 123.28 |
| Total Income | 98.51 | 241.84 | 175.75 |
| Profit After Tax | 24.2 | 59.73 | 50.11 |
| EBITDA | - | - | - |
| NET Worth | 188.46 | 164.26 | 104.55 |
| Reserves and Surplus | 169.26 | 145.06 | 99.74 |
| Total Borrowing | 0.71 | 0.86 | 1.15 |
| ROE | 36.36% |
| ROCE | 76.99% |
| Debt/Equity | 0.01 |
| RoNW | 36.36% |
| PAT Margin | 25.03% |
| EBITDA Margin | - |
| Price to Book Value | 5.01 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 150 |
| 3 | To meet out the General Corporate Purposes; | 45.34 |
| 4 | Offer for Sale (OFS) | - |
Denta Water & Infra Solutions Ltd. Address
40, 3rd floor,
Sri Lakshminarayana Mansion, South End Road,
Basavanagudi, South Bangalore 560 004
Bangalore Urban, Karnataka
+91-080-42106509
cs@denta.co.in
http://www.denta.co.in/
IPO Registrar
Integrated Registry Management Services Pvt.Ltd.
044 – 28140801 to 28140803
vijayagopal@integratedindia.in
https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1