Denta Water and Infra Solutions Limited is set to launch its Initial Public Offering (IPO) on January 22, 2025.
The company, established in 2016 and headquartered in Bangalore, specializes in water engineering, procurement, and construction (EPC) services. Their expertise encompasses the design, installation, and commissioning of water management infrastructure projects, with a particular focus on groundwater recharging using recycled water.
Denta Water has successfully completed 32 water management projects for the Government of Karnataka and is currently engaged in 17 ongoing projects, reflecting a strong order book valued at ₹1,100.44 crores.
Industry Overview
The water management sector in India is experiencing significant growth due to increasing water demand and the pressing need for sustainable solutions.
Projections indicate that India’s water demand will rise from 710 billion cubic meters (BCM) in 2010 to 1,180 BCM by 2050, with domestic and industrial consumption expected to increase by 2.5 times.
This scenario underscores the critical role of efficient water treatment and infrastructure solutions, presenting substantial growth opportunities for companies like Denta Water and Infra Solutions Limited.
IPO Complete Details
| Open Date | Wednesday, January 22, 2025 |
| Close Date | Friday, January 24, 2025 |
| Total Issue Size | 75,00,000 shares(up to ₹220.50 Cr) |
| Number of Shares | 1,92,00,000 shares |
| Price Band | ₹279 to ₹294 per share |
| Lot Size | 50 shares |
| Minimum Bid Price | ₹14,124 |
| Maximum Bid Price | ₹1,91,100 |
| Basis of Allotment | Monday, January 27, 2025 |
| Initiation of Refunds | Tuesday, January 28, 2025 |
| Credit of Shares to Demat Accounts | Tuesday, January 28, 2025 |
| Listing Date | Wednesday, January 29, 2025 |
| Listing Exchanges | BSE and NSE |
What Does This Mean For You?
The Denta Water IPO brings many opportunities along with it. Here are a few pointers:
- The Denta Water IPO offers a chance to invest in a company operating within a rapidly growing water management sector.
- Rising water demand and the focus on sustainable water solutions highlight the industry’s potential.
- Denta Water’s strong order book and successful project execution demonstrate its operational expertise.
- Investors should consider factors like the company’s financials, industry dynamics, and potential risks before deciding.
Conclusion
Denta Water and Infra Solutions Limited’s upcoming IPO marks a significant milestone in its journey within the water infrastructure industry.
The company seeks to expand its operations and capitalize on the growing demand for water management solutions in India. Hence, this IPO provides a platform for investors to engage with a sector integral to the nation’s sustainable development.
If you’re considering investing in this IPO, make sure to evaluate all important information like fundamentals or corporate actions carefully to make an informed decision.
Want to apply for this IPO? Click here.
