Denta Water and Infra Solutions Limited

Denta Water IPO is 100% Book Building issue of Rs. 220.50 crores. Denta Water IPO open date is January 22, 2025 and the IPO will close on January 24, 2025.

The allotment of Denta Water IPO date is January 27, 2025. The IPO will be list on BSE, NSE on January 29, 2025 and the price band of the IPO has been set at ₹279 to ₹294 per share. The minimum lot size for an application is 50 shares.

The company reported profit of ₹59.73 crores in 2024 against Profit of ₹50.11 crores in 2023. The company reported revenue of ₹241.84 crores in 2024 against ₹175.75 crore in 2023.

Denta Water IPO Details –

Symbol
Issue Period	January 22, 2025 to January 24, 2025
Listing Date	January 29, 2025
Price Range	₹279 to ₹294 per share
Lot Size	50 Shares and in multiples thereof
Face Value	₹10 per share
Total Issue Size	75,00,000 shares, ₹220.50 crores
Fresh Issue	75,00,000 shares, ₹220.50 crores
Offer for Sale	–
Issue Type	100% Book Building
Retail Quata	35%
NII Quata	15%
QIB Quata	50%
Employee Discount	no

 

Denta Water IPO Schedule (Provisional) –

Denta Water IPO is scheduled to open on January 22, 2025

and close on January 24, 2025. IPO listing will take place on January 29, 2025.

IPO Open Date	January 22, 2025
IPO Close Date	January 24, 2025
Basis of Allotment	January 27, 2025
Refund Process start	January 28, 2025
Share Credit to Demat	Januar 28, 2025
Listing Date	January 29, 2025
IPO Market Timings	10.00 a.m. to 5.00 p.m.

 

Denta Water IPO Market Lot Size –

The Denta Water IPO minimum lot size is 50 Shares with ₹14700 application amount. Investors can bid for a minimum of 50 Shares and in multiples thereof. The minimum and maximum shares and amounts that retail investors and HNI can invest are shown in the table below.

Application	Lot Size	Shares	Amount
Retail (Minimum)	1	50	₹14700
Retail (Maximum)	13	650	₹1,91,100
S-HNI (Minimum)	14	700	₹2,05,800
S-HNI (Maximum)	68	3400	₹9,99,600
B-HNI (Minimum)	69	3450	₹10,14,300

 

Denta Water IPO Promoters –

The promoters of the company are Sowbhagyamma, Sujith TR, C Mruthyunjaya Swamy and Hema HM.

 

Denta Water Limited Financial Details –

The company reported profit of ₹59.73 crores in 2024 against Profit of ₹50.11 crores in 2023. The company reported revenue of ₹241.84 crores in 2024 against ₹175.75 crore in 2023.

Period Ended	31-Mar-2024	31-Mar-2023	31-Mar-2022
Revenue	₹241.84	₹175.75	₹119.64
Profit After Tax	₹ 59.73	₹50.11	₹38.34
Net Worth	₹ 164.26	₹104.55	₹54.43
Expense	₹ 160.45	₹ 107.83	₹ 67.85
Total Debt	₹0.71	₹0.86	₹1.15
			Amount in Crores ₹

 

Denta Water IPO Key Performance Indicator (KPI) –

Denta Water ROCE is -%, Pre IPO EPS is -.

KPI	Values
ROE	36.36%
ROCE	76.99%
Return on Net Worth (RoNW)	36.36%
PAT Margin	25.03%
EBITDA Margin	33.17%
EPS	31.11
P/E Ratio	9.45
Price to Book Value	5.01
Debt to equity	0.01

 Denta Water IPO Analysis

Canara Bank	Share india securities
Choice Broking	Nirmal Bang
DRChoksey FinServ	Reliance Securities
Emkay Global	SBICAP Securities
Geojit	Sharekhan
Hem Securities	SMC Global
ICICIdirect	Sushil Finance
IDBI Capital	Swastika Investment
Marwadi Shares	Ventura Securities

 Denta Water Peer Group –

Company	EPS	PE Ratio
VA Tech Wabag	39.49	38.41
EMS Limited	29.38	27.47

 

                                               

Book Running Lead Managers	Smc Capitals Limited
Syndicate Members
Sponsor Bank
Categories	“FI, IC, MF, FII, OTH, CO, IND and NOH”

 

Company’s 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: https://www.denta.co.in/about-us/

 

IPO Registrar’s Details

Integrated Registry Management Services Private Limited Phone: 044 – 28140801 to 28140803 Email: vijayagopal@integratedindia.in Website: https:https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1

 

About Denta Water –

Incorporated in 2016, Denta Water and Infra Solutions Limited (commonly known as “Denta Water”) is a growing company specializing in water and infrastructure solutions.

Denta Water is one of the few companies with incredible expertise in groundwater recharge projects, the company is involved in the design, installation, and commissioning of water infrastructure 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.

Due to the growing demand for water-related solutions in the country, Denta Water took a vital step and became the major contributor to addressing the issue and installing groundwater recharging projects through recycled water. 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.

Company focuses on designing, installing, and commissioning water management infrastructure projects, with expertise in groundwater recharge systems. Alongside this, they also take on construction projects in the railway and highway sectors.

Objects of the Issue –

• To meet the working capital requirements of the Company.
• To fund general corporate purposes, subject to applicable laws.

 

Strengths –

• They have built a strong reputation as a provider of water management solutions, specializing in groundwater recharge projects (GWR projects) and lift irrigation projects.
• They have a skilled team specializing in groundwater recharging and lift irrigation, supported by an in-house design team for tasks like site identification, hydraulic calculations, drainage and water flow designs.
• They are a growing water and infrastructure solutions companies engaged in design, installation, commissioning of water management infrastructure projects with expertise in GWR Projects. As of November 30, 2024, they have 17 ongoing projects.

Risks –

• The company relies heavily on the Government of Karnataka, which contributed 83.98% of its revenue for the six months ending September 30, 2024. This reliance poses a risk if policies, funding, or payments are affected.
• The company generates a significant portion of its revenue from a few customers. Losing these customers or termination of contracts could impact its business, cash flow, and financial performance.
• The company’s revenue and profitability depend heavily on securing new contracts, which it cannot directly control. Failure to win projects consistently could significantly impact its growth, operating results, and business operations. This reliance poses a risk to sustaining profitability and overall performance.

Denta Water IPO FAQs–

• What is Denta Water IPO?

Denta Water IPO is a Mainline IPO. The company plans to raise ₹220.50 crores through an initial public offering. The issue is priced at ₹279 to ₹294 per share. The IPO is to be listed on BSE & NSE.

• When this IPO will open and close?

The Denta IPO opens on January 22, 2025 and closed on January 24, 2025.

• What is the Lot Size of this IPO?

Denta IPO lot size is 50 Shares, and the minimum amount required is Rs. 14700.

• What is the Price Band of this IPO?

Denta IPO Price Band is ₹279 to ₹294 per share

• What is the Denta OPO Allotment Date?

The Allotment for the Denta IPO will be finalized on January 27, 2025, and the allotted shares will be credited to your DEMAT account by January 28, 2025.

• What is the Denta IPO Listing Date?

Denta IPO listing date is Tuesday, January 29, 2025.

• How to Apply the Denta IPO?

You can use your bank account to apply for the Denta IPO online through ASBA. Additionally, you can apply for ASBA online through your stock brokers using UPI. By completing the offline application, you can also apply through your stock brokers.

• How to apply in the IPO?

To apply in the IPO, you need to have a brokerage account. Once the IPO opens, you can place an order through your broker, specifying the number of shares you want. Make sure to check the IPO prospectus for details on pricing and allocation.

• What documents are required to apply in the IPO?

To apply in the IPO, you typically need a valid photo ID, proof of address, and your brokerage account details. If you’re applying as an institution, additional documentation may be required.

• Can anyone apply in the IPO?

Yes, anyone with a brokerage account can apply in the IPO. However, certain IPOs may have restrictions based on the investor’s profile or the allotment process, so check with your broker for specific guidelines on how to apply in the IPO.

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