Denta Water and Infra IPO: Date, Price, GMP, & Details

Denta Water and Infra Solutions Ltd.’s upcoming IPO (initial public offering) is generating considerable buzz among potential investors. The company is set to begin accepting bids for its mainboard IPO starting January 22, 2025.

Let’s look at the Denta Water and Infra Solutions Limited IPO date, pricing, GMP, and details. 

Also read: What is IPO in Stock Market: Your Guide to Participating in Initial Public Offerings in India

Denta Water IPO Details

IPO Date	January 22, 2025, to January 24, 2025
Listing Date	Wednesday, January 29, 2025
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	7,500,000 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

For more information, refer to the Denta Water IPO RHP. 

Denta Water and Infra Solutions Limited IPO GMP

Early signs from the unofficial Denta Water IPO GMP are pointing to strong investor interest. As of 9:53 AM on January 20, the grey market premium for Denta Water shares was trading at ₹145 above the IPO price. Based on this premium, speculation suggests the shares could potentially list around ₹439. 

However, it’s important to note that Denta Water IPO GMP is unofficial, as grey market prices are purely speculative indicators that don’t necessarily reflect how the stock will actually perform when listed.

Financials of Denta Water and Infra Solutions Limited (Restated Consolidated)

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets (₹ Cr.)	220.35	219.85	123.28	60.64
Revenue (₹ Cr.)	98.51	241.84	175.75	119.64
Profit After Tax (₹ Cr.)	24.2	59.73	50.11	38.34
Net Worth (₹ Cr.)	188.46	164.26	104.55	54.43
Reserves and Surplus (₹ Cr.)	169.26	145.06	99.74	49.63
Total Borrowing (₹ Cr.)	0.71	0.86	1.15

Denta Water and Infra IPO Objectives

Denta Water and Infra Solutions Ltd. plans to use the funds raised through their IPO for two primary purposes: addressing their working capital needs and supporting general corporate activities in accordance with applicable regulations. This straightforward allocation of the net proceeds aims to strengthen the company’s operational capabilities while maintaining flexibility for broader corporate objectives.

About Denta Water and Infra Solutions Limited

Founded in 2016, Denta Water and Infra Solutions Limited has emerged as a specialised player in the water infrastructure sector, focusing particularly on groundwater recharge and water management projects. The company’s core expertise lies in designing and implementing comprehensive water infrastructure solutions, with a significant emphasis on recycling water for groundwater replenishment.

The company has made its mark through several significant projects, including notable work in Byrapura, Hiremagaluru LIS, and KC Valley, playing a crucial role in Bengaluru’s wastewater management initiatives and supporting India’s Jal Jeevan Mission. Beyond its core operations, Denta Water maintains a diverse portfolio, including 98 acres of agricultural land in Madikeri, Karnataka, where they cultivate coffee, pepper, and cardamom. They also operate a beach resort in Udupi that generates revenue through facility management.

Their service portfolio encompasses the entire water management lifecycle, from initial investigations and feasibility studies to design services, project execution, and maintenance guidance. The company has developed particular expertise in engineering procurement consultancy and turnkey project delivery. As of November 2024, their project portfolio includes 32 completed water management initiatives—11 as primary contractor, one through a joint venture, and 20 as a sub-contractor. They’ve also expanded into railway and highway construction projects.

With 89 permanent employees as of November 2024, Denta Water’s competitive advantages stem from their specialised knowledge in groundwater recharge projects, strong in-house engineering capabilities, and proven track record of timely project completion. Their management team’s expertise, robust order book, and efficient business model have helped establish them as a notable player in the water infrastructure sector.

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