Denta Water IPO opened for subscription on January 22, 2025, and closed on January 24, 2025.
It was a book-built issue of ₹220.50 crore. The issue was a fresh issue of 0.75 crore shares. The Denta Water IPO price band was set at ₹279 to ₹294 per share.
On Day 3 of subscription, January 24, as of 6:19 PM, Denta Water IPO was subscribed 221.54 times. QIBs subscribed 236.94x, NIIs subscribed 507.07x, and retail investors subscribed 90.38x.
The share allotment was finalised on January 27 2025, and the shares were listed on BSE and NSE on January 29, 2025.
On the listing day, on the NSE, Denta Water share price (NSE: DENTA) opened at ₹325.00, up from its issue price of ₹294.00. At 10:24 AM, the share price was trading at ₹341.25, up by 5.00% from its opening price of ₹325.00. As of the same time, the stock touched its day’s high at ₹341.25. The company’s market cap was ₹911.14 crore.
On the BSE, at 10:28 AM, Denta Water & Infra Solutions Share Price was trading at ₹346.45, up by 4.98% from its opening price of ₹330.00 and 17.84% up from its issue price of ₹294.00.
Denta Water and Infra Solutions Limited, widely recognised as Denta Water, has established itself as a prominent player in water engineering, procurement, and construction (EPC) services. With a track record in infrastructure project installations, including groundwater recharge using recycled water, Denta Water has significantly contributed to meeting the growing demand for water-related solutions across the country.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 29, 2025, 10:37 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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