Denta Water and Infra IPO opens for auction on January 22 2025 and closes on 25th. This is a book built issue of 220.50 crores wherein the company offers 0.75 crore shares for the public. Shares will be priced between Rs 279 to Rs 294. Investors will be required to purchase minimum of 50 shares or Rs 14700. Retail investors or NII applicants will also be required to purchase 14 lots which translates to 70 shares and bNII bidders will put in bids for 69 lots.  

According to the assessment, Denta Water's shares for the Denta Water IPO will open for free trade on the National Stock Exchange and Bombay Stock Exchange on January 29. Extremely optimistic about their prospective profits, share holders of Dent Water Infra IPO will receive a reimbursement on January 28 while the proceeds will reflect in their accounts the same day. Further, allotment of these shares will be finalized on January 27.

Denta Water and Infra IPO GMP

Denta Water IPO is expected to cross and peaks signifies that the shares will listed strongly at the indices. Investorgain confirmed that the Denta Water IPO GMP was here at Rs 165 on January 25 morning. With the price band of Rs 294, the shares are expected to be bought at Rs 459 which is surely above 56 precent.

The book running lead manager for the IPO of Denta Water is Smc Capitals Limited and the Integrated Registry Management Services Private Limited is the registrar for the issue.

Denta Water and Infra is already into the civil engineering business that pertain to water revitalisation and groundwater recharging. Denta company undertakes implimentation of projects that relates to water revitalisation and ground recharging.