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Business News/ Markets / Ipo/  Denta Water Share Price Highlights: Stock ends at 341.25 apiece on NSE, 16.07% premium to IPO price
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Denta Water Share Price Highlights: Stock ends at ₹341.25 apiece on NSE, 16.07% premium to IPO price

Denta Water Share Price Highlights: Denta Water share price made a lukewarm debut on the bourses today. On NSE, Denta Water share price opened at 325 per share, 10.5% higher than the issue price of 294.

Denta Water Share Price Highlights: Denta Water and Infra share price lists on the bourses today.Premium
Denta Water Share Price Highlights: Denta Water and Infra share price lists on the bourses today.

Denta Water Share Price Highlights: Denta Water share price ended listing day at 341.25 on NSE, a 16.07% premium to the IPO price of 294, and at 346.45 on BSE, a 17.84% premium.

Denta Water share price made a lukewarm debut on the bourses today. On NSE, Denta Water share price opened at 325 per share, 10.5% higher than the issue price of 294. On BSE, Denta Water share price today opened at 330 apiece, up 12.24% than the issue price.

The equity shares of Denta Water and Infra Solutions Ltd was scheduled to be listed on the Indian stock market today following a robust interest in its initial public offering (IPO). The Denta Water and Infra IPO was available for subscription from January 22 to 24. The allotment for the IPO has been completed, and Denta Water shares will be available on both the BSE and NSE today.

Denta Water and Infra Solutions IPO received an overwhelming 221.52 times subscription on the final day of the bidding process. The portion allocated for non-institutional investors achieved an extraordinary 507.05 times subscription, while the segment for Qualified Institutional Buyers (QIBs) saw a subscription rate of 236.94 times. Retail Individual Investors (RIIs) accounted for a subscription of 90.33 times in their category.

On Tuesday, Denta Water and Infra Solutions announced that it has secured just over 66 crore from anchor investors. The price range for the issue is set between 279 and 294 per share. The IPO consists entirely of a fresh issuance of 75 lakh equity shares, amounting to 220.5 crore at the higher end of the price range. Established in 2016, Denta Water and Infra Solutions Ltd has become a significant player in the area of water engineering, procurement, and construction (EPC) services.

Stay tuned for more updates

29 Jan 2025, 04:03:22 PM IST

Denta Water Share Price Highlights: Stock ends at ₹341.25 apiece on NSE, 16.07% premium to IPO price

Denta Water share price ended listing day at 341.25 on NSE, a 16.07% premium to the IPO price of 294, and at 346.45 on BSE, a 17.84% premium.

29 Jan 2025, 03:54:12 PM IST

Denta Water Share Price Live Updates: Promoter and promoter group

The Promoters of the company are Sowbhagyamma, Sujith T R, C Mruthyunjaya Swamy and Hema H M

29 Jan 2025, 03:29:44 PM IST

Denta Water Share Price Live Updates: Industry Outlook

In India, the total installed capacity to treat wastewater (domestic sewage) from urban areas is 44%, or 31,841 MLD, compared to an estimated daily sewage output of 72,368 MLD. The actual treatment rate is only 28%, or 20,236 MLD. Even in class I (populations over 100,000) and class II (populations 50,000-100,000) towns, which account for 72% of the urban population, only 30% of the wastewater gets treated, i.e., 11,787 MLD vs the 38,254 MLD created, according to reports.

29 Jan 2025, 02:52:07 PM IST

Denta Water Share Price Live Updates: Key strategies of the firm 

  • Leverage core competencies in execution of water management projects.
  • Expansion into other geographies for reuse of discharge water.

29 Jan 2025, 02:25:13 PM IST

Denta Water Share Price Live Updates: Market Opportunity

The Indian Water and Wastewater Treatment market is expected to grow at a CAGR of 6.20% in terms of value to reach USD 23,849.806 Million in 2033 from USD 13,101.158 Million in 2023, according to Marketysers Global Report.

29 Jan 2025, 01:58:54 PM IST

Denta Water Share Price Live Updates: Stock Check 

Denta Water share price locked in 5% upper circuit on the bourses post a lukewarm listing. At 13:57 IST, Denta Water share price was trading at 346.45 apiece on the BSE, and on the stock was trading at 341.25 per share on the NSE.

29 Jan 2025, 01:20:33 PM IST

Denta Water Share Price Live Updates: All you need to know about anchor details 

Denta Water and Infra Solutions Ltd announced that it has successfully raised over 66 crore from anchor investors in anticipation of its initial public offering (IPO). The funding included participation from both foreign and domestic institutions such as Abakkus Diversified Alpha Fund-2, Rajasthan Global Securities, Saint Capital Fund, Finavenue Capital Trust, Chhattisgarh Investments Ltd, Steptrade Revolution Fund, as well as Astorne Capital VCC – Arven and Aarth AIF, according to a circular released on the BSE's website.

The circular indicated that the company allocated 22.5 lakh equity shares at a price of 294 each, resulting in a total transaction value of 66.15 crore.

29 Jan 2025, 01:03:44 PM IST

Denta Water Share Price Live Updates: All you need to know about the firm's projects 

The firm plays a crucial role in meeting the increasing water requirements in India through initiatives such as the Byrapura and Hiremagaluru Lift Irrigation System Projects, the Karagada Lift Irrigation System Project, and others that have been implemented using lift irrigation technology. Additionally, the company participated in the KC Valley project, which enhanced Bengaluru's status as the world's second-largest city in terms of treated wastewater capacity, thereby advancing the city's water management and sustainability initiatives. The company has actively engaged in water management projects, having completed 32 projects and maintaining 11 projects in the order book under the Government of India’s “Jal Jeevan Mission."

29 Jan 2025, 12:40:16 PM IST

Denta Water Share Price Live Updates: Check out investment rationale of BP Equities

  • Strong order book in water management projects driving future growth
  • Efficient asset-light business model driving operational excellence

29 Jan 2025, 12:18:57 PM IST

Denta Water Share Price Live Updates: All you need to know about the firm 

Denta Water and Infra Solutions Limited, founded in 2016, is an expanding company focused on water and infrastructure solutions, specializing in the design, installation, and commissioning of water management infrastructure projects with a particular emphasis on groundwater recharge initiatives. The organization possesses extensive knowledge in water engineering and EPC services, concentrating on infrastructure projects, such as groundwater recharging utilizing recycled water, to meet the increasing demands for water solutions.

29 Jan 2025, 11:57:02 AM IST

Denta Water Share Price Live Updates: Investment rationale of Arihant Capital

  • Established expertise in water management projects
  • In-house expertise in designing and engineering of water management infrastructure projects
  • Strong Order Book

29 Jan 2025, 11:46:42 AM IST

Denta Water Share Price Live Updates: All you need to know about the financials 

The consolidated revenue grew with a CAGR of over 41% from 119.57 cr to 238.6 cr between FY 2022- 24 led by GWR projects in water management and FY 2024, the company’s top line significantly rose by 36.87%. The operating profit grew by 18.19% to 79.14 cr in the last fiscal year compared with the same period a year ago. The operating margin tumbled by 524 bps in the same period which was 33.17% / 38.41% in FY24/FY23.

29 Jan 2025, 11:20:20 AM IST

Denta Water Share Price Live Updates: Check out some key risks 

  •  Company’s promoter faces legal scrutiny
  • Allegations of corrupt practices against Mruthyunjaya Swamy 
  • Company's revenue heavily reliant on government contracts
  • Joint agreements expose company to risks

29 Jan 2025, 11:11:59 AM IST

Denta Water Share Price Live Updates: All you need to know about the firm's order book

As of November 2024, the company has a strong order book of projects including direct contracts and sub-contracts worth 1,100.43 cr, out of which, 1,066.75 cr is about water management projects. The company has completed 347.98 cr worth of projects out of the total order book and it generally takes an average of 24-36 monthsto complete the GWR projects.

29 Jan 2025, 10:57:08 AM IST

Denta Water Share Price Live Updates: Check out competitive strength of the firm as per experts

  • Established expertise in water management projects
  • In-house expertise of designing and engineering of projects
  • Denta Water & Infra Solutions secures strong order book
  • Efficient business model

29 Jan 2025, 10:46:53 AM IST

Denta Water Share Price Live Updates: Check out Akriti Mehrotra's comments 

According to Akriti Mehrotra, Research Analyst, Stoxbox, Denta Water and Infra Solutions Ltd made a decent debut with shares listing at a premium of approximately 11% above the issue price of 294. Overall, Denta Water’s strategic focus on water management projects, expanding market opportunities, and robust order book position it for continued growth in the water management and infrastructure sectors. Investors who have been allocated shares are advised to hold their positions with a medium- to long-term outlook.

29 Jan 2025, 10:33:02 AM IST

Denta Water Share Price Live Updates: Stock Check 

Denta Water share price locked in 5% upper circuit on the bourses  post a lukewarm listing. At 10:30 IST, Denta Water share price was trading at 346.45 apiece on the BSE, and on the stock was trading at 341.25 per share on the NSE. 

29 Jan 2025, 10:16:08 AM IST

Denta Water Share Price Live Updates: Check out Shivani Nyati's post listing comments 

Shivani Nyati, Head of Wealth at Swastika Investmart Ltd stated that the company made a quiet stock market debut, listing for Rs. 330 per share, a significant 12% premium over its issue price of Rs. 294. Participants in the initial public offering (IPO) may hold on their shares for a long time.

29 Jan 2025, 10:00:02 AM IST

Denta Water Share Price Live Updates: Stock makes a lukewarm debut, opens with 10.5% premium at ₹325 on NSE

Denta Water share price made a lukewarm debut on the bourses today. On NSE, Denta Water share price opened at 325 per share, 10.5% higher than the issue price of 294. On BSE, Denta Water share price today opened at 330 apiece, up 12.24% than the issue price.

29 Jan 2025, 09:52:18 AM IST

Denta Water Share Price Live Updates: IPO reservations 

Denta Water and Infra IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.

29 Jan 2025, 09:39:23 AM IST

Denta Water Share Price Live Updates: All you need to know about the peers 

As per the red herring prospectus (RHP), the company's listed peers are VA Tech Wabag (with a P/E of 38.41), and EMS (with a P/E of 27.47).

29 Jan 2025, 09:23:53 AM IST

Denta Water Share Price Live Updates: Check out Akriti Mehrotra, Research Analyst, StoxBox views 

Denta Water and Infra Solutions Ltd. is set for a strong market debut, anticipated to list with a premium of 35%. Overall, Denta Water’s strategic focus on water management projects, expanding market opportunities, and robust order book position it for continued growth in the water management and infrastructure sectors. Investors who have been allocated shares are advised to hold their positions with a medium- to long-term outlook.

29 Jan 2025, 09:10:05 AM IST

Denta Water Share Price Live Updates: Check out issue details 

The IPO includes a completely new issue of 7.5 million shares. At the highest price point, the total size of the issue will be approximately 220.50 crore.

Denta Water, an experienced entity in water engineering, procurement, and construction (EPC) services, plans to use the proceeds from its fresh issue for working capital needs totaling 150 crore. Out of this amount, 50 crore will be allocated for the current financial year, while the remaining 100 crore will be allocated for the following financial year.

29 Jan 2025, 08:54:31 AM IST

Denta Water Share Price Live Updates: Check out Shivani Nyati, Head of Wealth at Swastika Investmart Ltd views 

The Denta Water and Infra Solutions Limited IPO is generating significant investor interest, with a strong subscription of 221 times and a good grey market premium (GMP) of 30%. Given the financial performance and the potential risks, this IPO may consider for lisitng gains as well as the long-term investment horizon.

29 Jan 2025, 08:41:19 AM IST

Denta Water Share Price Live Updates: Here's what GMP hints ahead of listing

Denta Water IPO GMP today or Denta Water IPO grey market premium is +73. This indicates Denta Water share price was trading at a premium of 73 in the grey market, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Denta Water share price was indicated at 367 apiece, which is 24.83% higher than the IPO price of 294.

Grey market activity over the past 13 sessions indicates that the current GMP ( 73) is trending lower. According to experts on investorgain.com, the lowest GMP is 45, and the maximum is 165.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.

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