Denta Water IPO Overview
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.
Refer to Denta Water IPO RHP for detailed information.
Denta Water IPO Important dates
Denta Water IPO opens on January 22, 2025, and closes on January 24, 2025.
| IPO Open Date | Wednesday, January 22, 2025 |
| IPO Close Date | Friday, January 24, 2025 |
| Basis of Allotment | Monday, January 27, 2025 |
| Initiation of Refunds | Tuesday, January 28, 2025 |
| Credit of Shares to Demat | Tuesday, January 28, 2025 |
| Listing Date | Wednesday, January 29, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 24, 2025 |
Denta Water IPO Financial Performance
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 220.35 | 219.85 | 123.28 | 60.64 | ||||||||||||||||||||||||||||||||||||
| Revenue | 98.51 | 241.84 | 175.75 | 119.64 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 24.2 | 59.73 | 50.11 | 38.34 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 188.46 | 164.26 | 104.55 | 54.43 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 169.26 | 145.06 | 99.74 | 49.63 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 0.71 | 0.86 | 1.15 | |||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Denta Water IPO Key Performance Indicator
The market capitalization of Denta Water IPO is Rs 784.98 Cr.
KPI as of Fri, Mar 31, 2023.
| KPI | Values |
|---|---|
| ROE | 36.36% |
| ROCE | 76.99% |
| Debt/Equity | 0.01 |
| RoNW | 36.36% |
| PAT Margin | 25.03 |
| Price to Book Value | 5.01 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 31.11 | 18.13 |
| P/E (x) | 9.45 | 16.22 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Denta Water IPO Objectives
The Company proposes to utilize the Net Proceeds raised through the Issue for the following objects:
- To meet working capital requirements of the Company
- General corporate purposes, subject to the applicable laws
Denta Water IPO 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 |
| Retail (Max) | 13 | 650 | ₹1,91,100 |
| S-HNI (Min) | 14 | 700 | ₹2,05,800 |
| S-HNI (Max) | 68 | 3,400 | ₹9,99,600 |
| B-HNI (Min) | 69 | 3,450 | ₹10,14,300 |
Denta Water IPO Details
| IPO Date | January 22, 2025 to January 24, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹279 to ₹294 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 75,00,000 shares (aggregating up to ₹220.50 Cr) |
| Fresh Issue | 75,00,000 shares (aggregating up to ₹ 220.50 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,92,00,000 shares |
| Share Holding Post Issue | 2,67,00,000 shares |
Denta Water IPO Company Overview and Services
Incorporated in 2016, Denta Water and Infra Solutions Limited 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 IPO SWOT Analysis
Strengths:
- Experienced team: The company boasts a team with extensive experience in the water and infrastructure sector, providing a strong foundation for project execution and management.
- Strong order book: A substantial order book provides revenue visibility and indicates healthy demand for the company’s services.
- Focus on sustainable solutions: Denta Water’s emphasis on sustainable water management solutions aligns with global trends and government initiatives, creating long-term growth opportunities.
- Track record of successful project execution: The company has a history of successfully completing water management infrastructure projects, building trust with clients and stakeholders.
Weaknesses:
- Reliance on government projects: A significant portion of the company’s revenue comes from government contracts, which can be subject to budgetary constraints and delays.
- Competition: The water infrastructure sector is competitive, with established players and new entrants vying for market share.
- Geographical concentration: The company’s operations are primarily concentrated in certain regions, limiting potential for diversification and exposure to regional risks.
- Exposure to regulatory changes: Changes in government policies or regulations related to water management could impact the company’s operations and profitability.
Opportunities:
- Growing demand for water infrastructure: The increasing need for water conservation and efficient water management presents significant growth opportunities for Denta Water.
- Government initiatives: Government programs like the Jal Jeevan Mission and focus on sustainable development create a favorable environment for the company’s growth.
- Diversification: Expanding into new geographies and service offerings can reduce reliance on existing markets and enhance revenue streams.
- Technology adoption: Incorporating advanced technologies like IoT and AI in water management solutions can improve efficiency and create new revenue opportunities.
Threats:
- Economic slowdown: A slowdown in economic activity could impact government spending and private investment in water infrastructure projects.
- Natural disasters: Extreme weather events and natural disasters can disrupt operations and damage infrastructure, impacting project timelines and profitability.
- Financial risks: Rising interest rates and inflation could increase borrowing costs and impact project margins.
- Reputational risks: Negative publicity or controversies related to project execution or environmental concerns could damage the company’s reputation.
Overall:
Denta Water’s IPO presents both opportunities and risks. The company’s strengths lie in its experienced team, strong order book, and focus on sustainable solutions. However, the reliance on government projects and competition in the sector pose challenges. The company’s ability to navigate these challenges and capitalize on growth opportunities will be crucial for its long-term success.
Denta Water IPO GMP Details
Denta Water IPO last GMP is ₹145, last updated Jan 20th 2025 05:04 AM. With the price band of 294.00, Denta Water IPO’s estimated listing price is ₹439 (cap price + today’s GMP).The expected percentage gain/loss per share is 49.32%.
We update GMP on a daily basis and based on last 4 sessions grey market activities, today IPO GMP points upward and expects a strong listing. The lowest GMP is ₹45, while the highest GMP is ₹145. Stay with us to know the daily price trend of Denta Water IPO GMP with expected listing price.
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 20-01-2025 | 294.00 | ₹145  |
5500/77000 | ₹439 (49.32%) | 20-Jan-2025 5:04 |
| 19-01-2025 | 294.00 | ₹145 |
5500/77000 | ₹439 (49.32%) | 19-Jan-2025 22:28 |
| 18-01-2025 | 294.00 | ₹145  |
5500/77000 | ₹439 (49.32%) | 18-Jan-2025 22:26 |
| 17-01-2025 | 294.00 | ₹45 |
1700/23800 | ₹339 (15.31%) | 17-Jan-2025 22:30 |
What is IPO GMP?
The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.
Denta Water IPO Subscription Status
Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
Denta Water IPO Allotment status
Denta Water IPO allotment is expected on Monday, January 27, 2025.
Denta Water IPO allotment status is not available at this time. Denta Water IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Denta Water and Infra Solutions Limited IPO allotment status.
Denta Water IPO Contact Details
Denta Water and Infra Solutions Limited
40, 3rd floor,
Sri Lakshminarayana Mansion, South End Road,
Basavanagudi, South Bangalore 560 004
Phone: +91-080-42106509
Email: cs@denta.co.in
Website: http://www.denta.co.in/
Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.
Want to Raise money for your company through SME IPO? Read More
