Denta Water And Infra Solutions Limited
Denta is a rapidly growing company in water and infrastructure solutions which specializes in designing, installing, and commissioning water management projects, with a strong focus on groundwater recharging. Additionally, it undertakes railway and highway construction projects. Among the few in India with expertise in groundwater recharging using recycled water, the company offers end-to-end solutions, including operations and maintenance, ensuring sustainable and efficient water management.
Price Band₹279 - ₹294 |
Dates22 Jan - 24 Jan |
GMP₹31 (10.54%) |
Subscriptions221.68 times |
Issue Size₹220.50 Crs |
Denta Water IPO Objects
1. To meet the working capital requirements
2. General corporate purposes
Denta Water IPO Details
Price Band₹279 - ₹294 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹220.50 Cr (0.75 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹220.50 Cr (0.75 Cr Shares) |
Face Value₹10 per equity share |
Denta Water IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
50
14,700
Maximum
13
650
1,91,100
|
|||
| Small HNI |
Minimum
14
700
2,05,800
Maximum
68
3,400
9,99,600
|
|||
| Big HNI |
Minimum
69
3,450
10,14,300
|
|||
Denta Water IPO Subscription
Updated as on 24-Jan-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 236.94 | 15,00,000 | 35,54,07,600 |
| NII | 507.27 | 11,25,000 | 57,06,83,300 |
| bNII (bids above ₹10L) | 556.49 | 7,50,000 | 41,73,70,050 |
| sNII (bids between ₹2L to ₹10L) | 408.84 | 3,75,000 | 15,33,13,250 |
| Retail | 90.56 | 26,25,000 | 23,77,27,200 |
| Total | 221.68 | 52,50,000 | 1,16,38,18,100 |
Subscription data excludes the Anchor Investor portion.
Denta Water IPO GMP
The estimated Grey Market Premium of Denta Water IPO is ₹31 per share (10.54%)
- GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
- The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Denta Water IPO Financials
| Particulars | 220.35 219.85 123.28 60.64 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 97.78 | 238.60 | 174.32 | 119.57 |
| Profit after Tax | 24.20 | 59.73 | 50.11 | 38.34 |
| Net Worth | 188.46 | 164.26 | 104.55 | 54.43 |
| Total Borrowing | 0.71 | 0.86 | 1.15 | 0.00 |
| Total Assets | 220.35 | 219.85 | 123.28 | 60.64 |
| NAV per share (in ₹) | 98.16 | 85.55 | 54.45 | 28.35 |
| EPS - Basic (in ₹) | 12.60 | 31.11 | 26.10 | 19.97 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Ratio |
|---|---|
| ROCE (%) | 76.99 |
| ROE (%) | 36.36 |
| RoNW (%) | 36.36 |
| EBITDA (%) | 33.17 |
| PAT (%) | 25.03 |
| Price to earning (PE) | 9.45 |
| Mkt Cap (in Crs.) | 784.98 |
| Price to Book (PB) | 3.44 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Denta Water IPO Peer Comparision
| Particulars | Denta Water | Va Tech Wabag | EMS Limited |
|---|---|---|---|
| Revenue from operations (in Crs) | 238.60 | 2,856.40 | 793.31 |
| Profit after Tax (in Crs) | 59.73 | 250.40 | 152.66 |
| EPS (Basic) | 31.11 | 39.49 | 29.38 |
| NAV per share | 85.55 | 292.43 | 143.73 |
| Price to Earning | 9.45 | 38.41 | 27.47 |
| EBITDA Margin (%) | 33.29 | 12.82 | 25.70 |
| PAT Margin (%) | 25.03 | 8.77 | 19.24 |
| Debt Equity Ratio | 0.01 | 0.15 | 0.09 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 10, 2025 for Peers
Denta Water IPO Peer Comparision
| Particulars | Denta Water |
|---|---|
| Revenue from operations (in Crs) | 238.60 |
| Profit after Tax (in Crs) | 59.73 |
| EPS (Basic) | 31.11 |
| NAV per share | 85.55 |
| Price to Earning | 9.45 |
| EBITDA Margin (%) | 33.29 |
| PAT Margin (%) | 25.03 |
| Debt Equity Ratio | 0.01 |
| Va Tech Wabag | EMS Limited |
|---|---|
| 2,856.40 | 793.31 |
| 250.40 | 152.66 |
| 39.49 | 29.38 |
| 292.43 | 143.73 |
| 38.41 | 27.47 |
| 12.82 | 25.70 |
| 8.77 | 19.24 |
| 0.15 | 0.09 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 10, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Sowbhagyamma | 35.00% |
| Hema H M | 35.00% |
| C Mruthyunjaya Swamy | 25.00% |
| Sujith T R | 1.02% |
Management Details
| Name | Designation |
|---|---|
| Manish Shetty | Managing Director |
| Sujith T R | Chief Financial Officer |
Company Details
DENTA WATER AND INFRA SOLUTIONS LIMITED
40, 3rd Floor, Sri Lakshminarayana Mansion, South End Road, Basavanagudi Bangalore, South Bangalore- 560 004 Karnataka, India
Email :cs@denta.co.in
Phone :+91 080 2991 6509
Website : www.denta.co.in
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Frequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Denta Water IPO is a Mainboard IPO having an issue size of Rs. ₹220.50 Crs. Denta Water IPO is priced at ₹279 - ₹294 per share. The issue opens on 22 Jan 25 and closes on 24 Jan 25.
Denta Water IPO opens on 22 Jan 25 and closes on 24 Jan 25.
The estimated Grey Market Premium of Denta Water IPO is ₹31 per share (10.54%).
The minimum lot size of Denta Water IPO is 50 shares & the minimum application amount is Rs. 14700.
The allotment date of Denta Water IPO is 27 Jan 25.
The listing date of Denta Water IPO is 29 Jan 25.
Denta Water IPO is subscribed 221.68 times.
Denta Water IPO is priced at ₹279 - ₹294 per share.
Click the allotment link on Denta Water IPO page of IPO360.
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