Denta Water IPO GMP
Denta Water and Infra Solutions IPO is garnering significant attention in the market as one of the most anticipated offerings in the water and infrastructure sector. If you’re considering investing, here’s everything you need to know about the Denta Water IPO GMP (Grey Market Premium), Kostak rates, and Subject to Sauda.
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Denta Water IPO Details at a Glance
- IPO Open Date: January 22, 2025
- IPO Close Date: January 24, 2025
- Price Band: ₹279-₹294 per share
- Issue Size: ₹220.50 crores (entirely fresh issue)
- Market Lot: 50 shares
- Face Value: ₹10 per equity share
- Listing Platform: BSE and NSE
- Retail Quota: ≤35%
- QIB Quota: ≤50%
- NII Quota: ≤15%
Denta Water IPO GMP: Recent Trends
The Grey Market Premium (GMP) of the Denta Water IPO has shown remarkable growth, indicating high investor confidence.
- January 28, 2025: GMP at ₹ 73
- January 27, 2025: GMP at ₹ 76
- January 26, 2025: GMP at ₹ 120
- January 25, 2025: GMP at ₹ 120
- January 24, 2025: GMP at ₹ 120
- January 23, 2025: GMP at ₹ 140
- January 22, 2025: GMP at ₹150
- January 20, 2025: GMP at ₹145
- January 19, 2025: GMP at ₹145
- January 18, 2025: GMP at ₹45
With a final GMP of ₹165, the estimated listing price is ₹459 (cap price + GMP). This suggests an expected percentage gain of 56.12% per share, making the IPO an attractive proposition for investors.
About Denta Water and Infra Solutions
Founded in 2016, Denta Water is a key player in groundwater recharge and water infrastructure projects. The company has expertise in designing, installing, and maintaining water systems. Additionally, Denta Water handles construction projects for railways and highways, contributing significantly to the Government’s Jal Jeevan Mission.
Some of their notable projects include:
- Byrapura Lift Irrigation System
- Hiremagaluru Lift Irrigation System
- Karagada Lift Irrigation System
As of November 30, 2024, Denta Water employed 89 permanent staff, underlining their operational capacity and commitment to quality.
Why is Denta Water IPO GMP High?
The upward trend in GMP reflects strong market interest in the IPO. Factors driving this interest include:
- A robust project portfolio in the growing water management sector.
- Contribution to critical government initiatives like the Jal Jeevan Mission.
- Positive financial performance and operational growth potential.
Investment Opportunities and Risks
While the expected 56.12% listing gain is enticing, investors should approach with caution. SME IPOs, though lucrative, carry higher risk due to limited liquidity and market volatility. Conduct thorough due diligence before making an investment decision.
Conclusion
Denta Water IPO GMP trends indicate significant investor enthusiasm, with the potential for substantial listing gains. The company’s expertise in water infrastructure and its contributions to national projects make it a compelling investment opportunity. Keep an eye on the IPO’s performance post-listing to make informed decisions.
For the latest updates on Denta Water IPO GMP and other IPOs, stay tuned!