Denta Water and Infra Solutions IPO is set to open on January 22, 2025, and will close on January 24, 2025. This Book Built Issue aims to raise approximately ₹220.50 crores through a fresh issue of ₹220.50 crores and an offer for sale of up to [.] equity shares, with each share having a face value of ₹10.
The Denta Water IPO price band has been set between ₹279 and ₹294 per share. The IPO offers 35% retail quota, 50% for QIBs (Qualified Institutional Buyers), and 15% for HNIs (High Net-worth Individuals). Once the issue is completed, Denta Water IPO is expected to be listed on BSE and NSE on January 29, 2025. The allotment date for the IPO is scheduled for January 27, 2025.
For the financial year 2024, Denta Water reported a revenue of ₹241.84 crores, showing a significant growth from ₹175.75 crores in 2023. The company also posted a profit of ₹59.73 crores in 2024, up from ₹50.11 crores in 2023.
Denta Water and Infra Solutions IPO Date & Price Band Details
| Category | Details |
|---|---|
| IPO Open Date: | January 22, 2025 |
| IPO Close Date: | January 24, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹279 to ₹294 Per Share |
| Issue Size: | Approx ₹220.50 Crores |
| Fresh Issue: | Approx ₹220.50 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
About Denta Water and Infra Solutions Company Overview
Denta Water and Infra Solutions is a prominent player in the water engineering, procurement, and construction (EPC) industry. The company specializes in groundwater recharging using recycled water, making it a key player in addressing India’s water management challenges.
Key Strengths
- Focus on Groundwater Recharge: Denta Water’s specialization in groundwater recharging aligns with the growing need for sustainable water management solutions in India.
- Proven Track Record: The company has successfully completed 32 water management projects, demonstrating its expertise and reliability.
- Strong Project Pipeline: With 17 ongoing projects valued at INR 1,100.44 crore, Denta Water has a robust order book, ensuring future growth.
- Government Initiatives: The company’s projects often align with government initiatives like the Jal Jeevan Mission, providing a stable and expanding market.
Potential Risks
- Competition: The water infrastructure sector is competitive, with established players and new entrants vying for projects.
- Regulatory Changes: Changes in government policies or regulations related to water management could impact the company’s operations.
- Project Delays: Unforeseen challenges or delays in project execution can impact revenue and profitability.
- Financial Performance: The company’s financial performance is subject to market fluctuations and economic conditions.
Denta Water and Infra Solutions IPO Market Lot
The Denta Water IPO offers a minimum market lot of 50 shares, with an application amount of ₹14,700. Retail investors can apply for up to 13 lots, totaling 650 shares, which amounts to ₹1,91,100. This investment opportunity allows retail investors to participate in a promising IPO with the option to increase their allotment within the specified limits.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 50 | ₹14,700 |
| Retail Maximum | 13 | 650 | ₹1,91,100 |
| S-HNI Minimum | 14 | 700 | ₹2,05,800 |
| B-HNI Minimum | 69 | 3,450 | ₹10,14,300 |
Denta Water and Infra Solutions IPO Allotment & Listing Dates
The Denta Water IPO is set to open on January 22, 2025, and will close on January 24, 2025. The allotment for this IPO will be finalized on January 27, 2025, and the listing will take place on the National Stock Exchange (NSE) on January 29, 2025.
| Type | Date |
|---|---|
| IPO Open Date: | January 22, 2025 |
| IPO Close Date: | January 24, 2025 |
| Basis of Allotment: | January 27, 2025 |
| Refunds: | January 28, 2025 |
| Credit to Demat Account: | January 28, 2025 |
| IPO Listing Date: | January 29, 2025 |
Promoters of Denta Water and Infra Solutions IPO
The promoters of Denta Water IPO include Sowbhagyamma, Sujith TR, C Mruthyunjaya Swamy, and Hema HM.
Denta Water and Infra Solutions IPO Company Financial Report
In 2024, the company achieved a revenue of ₹241.84 crores, marking a significant increase from ₹175.75 crores in 2023. The company’s profit for 2024 stood at ₹59.73 crores, up from ₹50.11 crores in the previous year. This positive growth in both revenue and profit highlights the company’s strong financial performance, demonstrating consistent upward momentum.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2022 | ₹119.64 | ₹67.85 | ₹38.34 | ₹60.64 |
| 2023 | ₹175.75 | ₹107.83 | ₹50.11 | ₹123.28 |
| 2024 | ₹241.84 | ₹160.45 | ₹59.73 | ₹219.85 |
| September 2024 | ₹98.51 | ₹65.38 | ₹24.2 | ₹220.35 |
Denta Water and Infra Solutions IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE: | 36.36% |
| ROCE: | 76.99% |
| EBITDA Margin: | 33.17% |
| PAT Margin: | 25.03% |
| Debt to equity ratio: | 0.01 |
| Earning Per Share (EPS): | ₹31.11 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 36.36% |
| Net Asset Value (NAV): | ₹85.55 |
Denta Water and Infra Solutions Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| VA Tech Wabag | 39.49 | 38.41 | 13.77% | 292.43 | 2,856.4 Cr. |
| EMS Limited | 29.38 | 27.47 | 19.13% | 143.73 | 538.16 Cr. |
Objects of the Issue
- Working Capital Requirements: The funds raised through the IPO will be utilized to meet the working capital needs of the company, ensuring smooth business operations and growth.
- General Corporate Purposes: The remaining proceeds will be allocated for general corporate purposes, in compliance with applicable laws and regulations.
Denta Water and Infra Solutions IPO Review
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Denta Water and Infra Solutions IPO Registrar
Integrated Registry Management Services Private Limited
Phone: 044 – 28140801 to 28140803
Email: vijayagopal@integratedindia.in
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
Denta Water and Infra Solutions IPO Lead Managers aka Merchant Bankers
- Smc Capitals Limited
Company Address
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/
Denta Water and Infra Solutions IPO FAQs
The price band for the Denta Water and Infra Solutions IPO is ₹279 to ₹294 per share.
The IPO opens for subscription on January 22, 2025, and closes on January 24, 2025.
The minimum lot size for an application is 50 shares.
The minimum investment required for retail investors is ₹14,700 (50 shares x ₹294).
The allotment for the Denta Water IPO is expected to be finalized on Monday, January 27, 2025.
he shares are proposed to be listed on BSE, NSE with a tentative listing date fixed as Wednesday, January 29, 2025.
The issue size of the IPO is approximately ₹220.50 crores.
The company aims to utilize the net proceeds from the fresh issue towards funding working capital requirements and general corporate purposes.
Denta Water and Infra Solutions is a prominent player in the water engineering, procurement, and construction (EPC) industry, specializing in groundwater recharging using recycled water.
You can apply for the Denta Water IPO through your preferred stockbroker or online platforms.
Disclaimer: This information is for general knowledge and informational purposes only and does not constitute financial, investment, or other professional advice.
Note: This information is based on the IPO schedule and details available as of January 9, 2025. Please refer to the official IPO documents for the most up-to-date information.
