Denta Water IPO: 10 key points to consider before ₹220.5 crore offer opening

Denta Water IPO: The initial public offer of water and infrastructure solutions company Denta Water and Infra Solutions Ltd will open for public subscription on Monday, January 20. The price band has been set at ₹279 to ₹294 per share. The company's equity shares are likely to make a stock market debut on Wednesday, January 29, 2025.

Denta Water and Infra Solutions IPO: 10 key points to know

• Denta Water and Infra Solutions IPO subscription period: The issue will open on Wednesday, January 22 and conclude on Friday, January 24.
• Anchor investors' bidding: The anchor round will occur on Tuesday, January 21.
• IPO structure: The ₹220.50 crore book-built issue is solely a fresh issue of 75 lakh shares. There is no offer for sale (OFS) component.
• Denta Water IPO price band: The price range for the offer has been set at ₹279-₹294 per share.
• Reservation: For qualified institutional buyers, the company has reserved 50% of the net issue. It has reserved 35% of the shares for retail investors and 15% of the net issue for non-institutional investors.
• Denta Water and Infra Solutions IPO lot size: Retail investors can apply for at least 50 shares, needing an investment of ₹14,700.
• Objectives: According to the red herring prospectus (RHP), the company plans to use the net proceeds raised through the issue to meet working capital requirements and general corporate purposes.
• Book-running lead manager and registrar: SMC Capitals Limited is the book-running lead manager for the IPO, while Integrated Registry Management Services Pvt Ltd is the registrar.
• Denta Water IPO allotment date: The allotment status is expected to be finalised on Monday, January 27.
• Denta Water IPO listing date: The company's shares will be listed on the BSE and the National Stock Exchange (NSE) on Wednesday, January 29, 2025.

Denta Water financials