STOCK MARKET

Denta Water IPO Allotment Finally Out After Long Delay! A Step-By-Step Guide To Check Allotment Status Online, Know Latest GMP

Denta Water IPO Allotment Finalised: Unlisted shares of Denta Water and Infra Solutions Ltd are currently trading at Rs 370 apiece in the grey market, which is a 25.85 per cent premium over the upper IPO price of Rs 294.

Also Read :Budget 2025: Govt to bring Rs 2.67 lakh credit-linked subsidy back under Pradhan Mantri Awas Yojana for all?

Denta Water IPO Allotment Status: After a long wait, the Denta Water and Infra Solutions IPO allotment has been declared finally. Investors have started receiving bank debit messages. Though the registrar Integrated Registry Management Services Pvt Ltd’s portal is facing technical glitch, investors can check the allotment status on the websites of the BSE and NSE.

Also Read :New FD Schemes Launched in 2025: SBI, PNB, Bank of Baroda, IDBI Bank interest rates compared!

As the allotment has been finalised, the IPO listing is now set to take place on both BSE and NSE on Wednesday, January 29.

Denta Water IPO: How To Check Allotment Status Online?

The Denta Water IPO allotment will take place on Monday, January 27. The IPO allotment status can be checked online by following these steps:

1) Go to the official BSE website via the URL — https://www.bseindia.com/investors/appli_check.aspx.

2) Under ‘Issue Type’, select ‘Equity’.

3) Under ‘Issue Name’, select ‘Denta Water and Infra Solutions Ltd’ in the dropbox.

Also Read :8th Pay Commission: THIS formula will help in deciding salaries for central govt employees! Know how it shaped 7th pay panel recommendations

4) Enter your application number, or the Permanent Account Number (PAN).

5) Then, click on the ‘I am not a robot’ to verify yourself and hit the ‘Search’ option.

Your share application status will appear on your screen.

You can also visit directly on the registrar Integrated Registry Management Services Pvt Ltd’s portal — https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1 and check the Denta Water IPO allotment status. However, this portal has faced technical issue due to traffic overload.

Denta Water IPO GMP Today

According to market observers, unlisted shares of Denta Water and Infra Solutions Ltd are currently trading at Rs 370 apiece in the grey market, which is a 25.85 per cent premium over the upper IPO price of Rs 294. It indicates a strong listing gain for investors on January 29.

The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.

Also Read :Budget 2025 Expectations: Budget to be relatively quiet, with a focus on continuity rather than dramatic change, says Emkay Global

Denta Water IPO: More Details

The initial public offering of Denta Water and Infra Solutions Ltd, which was open between January 22 and January 24, received a whopping 221.54 times subscription garnering bids for 1,16,31,09,250 shares against 52,50,000 shares on offer. The retail category received a 90.38 times subscription in total, the NII portion got 507.07 times subscription. Its QIB category has been subscribed to by 236.94 times.

The price band of the Rs 220.50-crore IPO was fixed at Rs 179 to 294 apiece.

The IPO had received a 17.29 times subscription on Day 1 and a 50.9 subscription on Day 2.

The Denta Water and Infra Solutions IPO is entirely a fresh issue of 75 lakh equity shares worth Rs 220.5 crore at the upper end of the price band.

Also Read :Why Is Chinese AI DeepSeek Raising Worry For Investors, Sending Shock Waves Across Tech Stocks?

The company on Tuesday said it has raised a little over Rs 66 crore from anchor investors. The issue, with a price band of Rs 279-294 per share, will conclude for public subscription on January 24.

Proceeds to the extent of Rs 150 crore will be utilised for meeting working capital requirements and a portion will be used for general corporate purpose.

Also Read :Budget 2025-26: Income Tax Cuts and Increased Gold Tariffs Anticipated, Says Report

Founded in 2016, Denta Water and Infra Solutions Ltd has emerged as one of the key players in the field of water engineering, procurement, and construction (EPC) services.

It has completed 32 water management projects out of which 11 projects were undertaken as the main contractor, 1 project under a consortium/joint venture arrangement and 20 projects undertaken under a sub-contract arrangement with the main contractor.

Source :
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top