Denta Water and Infra Solutions Limited is gearing up for its Initial Public Offering (IPO), which is the focus of our Denta Water IPO review, opening on January 22, 2025, and closing on January 24, 2025. The company, known for its expertise in sustainable water management infrastructure, plans to raise ₹220.50 crore through issuance of 75 lakh equity shares. The price band is set at ₹279 to ₹294 per share, and shares will list on both BSE and NSE.
Denta Water specializes in providing innovative water solutions, including water supply projects, pipeline networks, vented dams, and lift irrigation schemes. They also diversified into infrastructure projects like roads, bridges, and railways, showing its versatility.
Financially, Denta Water has shown solid growth. As of March 31, 2024, the company reported revenues of ₹241.84 crore, with a Profit After Tax (PAT) of ₹59.73 crore, reflecting strong PAT margin of 25.03%. Its net worth stood at ₹164.26 crore, showing a strong balance sheet and low debt levels.
This Denta Water IPO review not only outlines the company’s ambitions but also sheds light on the competitive landscape in the water infrastructure sector.
This IPO marks an important milestone for Denta Water as it seeks funds for working capital needs and general corporate purposes. With an established track record of completing 32 water management projects and a growing order book, the company positioned well to capitalize on increasing demand for sustainable infra solutions.
Denta Water IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | January 22, 2025 |
| IPO Close Date | January 24, 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹279 to ₹294 per share |
| Issue Size | ₹220.50 crore |
| Fresh Issue | 75 lakh equity shares |
| Offer for Sale (OFS) | Not applicable |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| IPO Type | Book Built Issue MainBoard |
| Listing At | BSE & NSE |
| Minimum Lot Size | 50 shares |
| Minimum Application Amount | ₹14,700 |
| Maximum Application Amount | ₹1,91,100 |
Denta Water and Infra Solutions Limited – DRHP
About Denta Water and Infra Solutions Limited
Denta Water and Infra Solutions Limited, started in 2016, is based outta Bangalore. They specialize in water infra projects like designing and installing groundwater recharge systems. So far, they’ve completed 32 projects, which is pretty impressive for a young company. Their focus is sustainable water management, which is all the rage nowadays.
Services
Denta Water’s got a range of services like:
- Water supply solutions.
- Building vented dams and check dams.
- Pipeline networks for water distribution.
- Lift irrigation schemes for farmers.
- Infrastructure projects like roads and bridges.
Denta Water’s Financials
The company’s financials look strong, but you decide for yourself:
| Financial Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Revenue (₹ crore) | 98.51 | 241.84 | 175.75 | 119.64 |
| Profit After Tax (₹ crore) | 24.20 | 59.73 | 50.11 | 38.34 |
| Net Worth (₹ crore) | 188.46 | 164.26 | 104.55 | 54.43 |
| Total Assets (₹ crore) | 220.35 | 219.85 | 123.28 | 60.64 |
Denta Water IPO Review: Key Insights
Denta Water IPO comes with mix of positives and concerns, making it a tough call for investors. The company have shown strong financials with revenue growth and profit margins above 25%, which is good sign. Its focus on sustainable water infra and India’s push for large scale water projects gives it a good future scope. Plus, it already completed 32 projects, which proves its track record in this field.
But there is issues too. The GMP for this IPO is almost neutral, meaning no big excitement in market for listing gains. Also, competition in water infra sector is pretty high, so scaling business won’t be easy for them. While its financial health looks strong, big investments may be needed if they want to grow fast.
In short, for long-term investors, it might be worth considering because of India’s infra growth. But for those looking for quick profit, this might not be the best pick. Think carefully before deciding!
Disclaimer:
This article is for informational purposes only and should not be considered as financial or investment advice. Investors are advised to do their own research or consult with a financial advisor before making any investment decisions. Market conditions and IPO performance are subject to risks and uncertainties.
Pravin Bhosale
Since stepping into the world of trading in 2019, i have gained valuable experience navigating the markets, have knowldge in indices like Bank Nifty, Nifty IT, Sensex, Bankex, and Finifty. Also have sound knowldge about IPO industry & ipo process. our blog aims to make finance approachable, offering practical insights for readers to better understand and act on market trends.
FAQs on Denta Water IPO
- What are the Denta Water IPO dates?
- The IPO opens on January 22, 2025, and closes on January 24, 2025.
- What is the price band for Denta Water IPO?
- The price band is set at ₹279 to ₹294 per share.
- What is the Grey Market Premium (GMP) for Denta Water IPO today?
- As of now, the GMP is neutral, indicating low enthusiasm for listing gains.
- Where will Denta Water shares be listed?
- The shares will be listed on both BSE and NSE.
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