DENTA WATER AND INFRA SOLUTIONS LIMITED
Book Built Issue IPO · NSE, BSE
- Price band
- ₹279 - ₹294
- Lot size
- 50 shares
- Issue amount
- ₹220.5 cr
- Total subscription
- 222.12×
- Opens
- 22 Jan 2025
- Closes
- 24 Jan 2025
- Allotment
- 27 Jan 2025
- Listing
- 29 Jan 2025
Offer at a glance
Issue overview
- Issue size
- 75,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹13,950
- Fresh issue
- ₹220.5 cr
- Offer for sale
- ₹0 cr
- Registrar
- Integrated Registry Management Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹11,050
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,92,00,000
- Shares after issue
- 2,67,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 50 | ₹14,700 |
| sHNI | 14 | 700 | ₹2,05,800 |
| bHNI | 69 | 3,450 | ₹10,14,300 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 52,500 | 47,54,544 |
| HNIs(10L +) | 1,071 | 5,96,243 |
| HNIs (2-10L) | 536 | 2,19,019 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 44.1 | 10,448.98 |
| RETAIL | 77.17 | 6,989.18 |
| HNIs 2+ | 11.03 | 4,507.41 |
| HNIs 10+ | 22.05 | 12,270.68 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 12.6 | 31.11 | 26.1 |
| ROE | 12.84 | 36.36 | 47.93 |
| ROCE | 18.96 | 76.99 | 95.98 |
| RONW | 12.84 | 36.36 | 47.93 |
| PRE IPO(PE) | 0 | 9.45 | 0 |
| POST IPO(PE) | 16.22 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2016, Denta Water and Infra Solutions Limited is a growing company that specializes in water management and infrastructure projects. They focus on designing and installing systems for water conservation, especially groundwater recharge using recycled water. The company has worked on important projects like Byrapura, Hiremagaluru LIS, and KC Valley, helping Bengaluru with wastewater management and supporting the Government's Jal Jeevan Mission. In addition to its water projects, Denta Water owns 98 acres of land in Madikeri, Karnataka, where it grows coffee, pepper, and cardamom, and also operates a beach resort in Udupi. **Services provided:** - Feasibility studies - Project planning and design - Field surveys and soil testing - Tender bidding consultancy - Project management and construction supervision - Turnkey projects As of November 30, 2024, Denta Water has completed 32 water management projects and employs 89 people.
Strengths
- Established Expertise in Water Management Projects: Special focus on groundwater recharging, showcasing strong domain knowledge and experience.
- In-house Expertise in Designing and Engineering: Ability to plan and execute water management infrastructure projects efficiently.
- Strong Management Team: Experienced leaders providing strategic direction and effective decision-making.
- Strong Order Book: Robust project pipeline ensuring steady revenue and business continuity.
- Established Track Record for Timely Execution: Proven ability to complete projects on schedule, enhancing client trust and reputation.
- Efficient Business Model: Streamlined operations and resource management that support profitability and sustainable growth.
Risk factors
- High Dependence on Government Projects: With 69.68% of orders from government clients, the company faces risks from delays, approvals, and regulatory hurdles, particularly in Karnataka.
- Uncertain Revenue: Reliance on competitive project bidding makes revenue unpredictable and project timelines uncontrollable.
- Supplier Dependence: Lack of long-term agreements with material suppliers exposes the company to price fluctuations and supply shortages, impacting operations and profitability.
Promoters
Sowbhagyamma
Sujith TR
C Mruthyunjaya Swamy
Hema HM
Registrar & documents
Lead manager
Smc Capital Limited
Registrar & contacts
Integrated Registry Management Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
40, 3rd floor, Sri Lakshminarayana Mansion, South End Road, Basavanagudi, South Bangalore 560 004
+91-080-42106509
http://www.denta.co.in/Understanding DENTA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.