Exciting Denta Water IPO GMP: Strong Demand And Trends

Denta Water IPO GMP is ₹165 as of January 21, 2025. It shows shares are trading higher than the IPO price band of ₹294. Listing price may be around ₹459, giving 56% profit. GMP is rising but it’s not official, so invest carefully.

The Denta Water IPO is all set to open for subscription from January 22 to January 24, 2025, and its already grabbing lot of attention in market. The company has fixed price band at ₹279-294 per share and plans to raise around ₹220.50 crore through fresh issue of 7.5 million equity shares. The IPO structure is made to attract all investors category, with 50% reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 35% for retail investors. With impressive financials and leadership in water infrastructure sector, Denta Water IPO is one to watch closly.

Denta Water IPO GMP Today

Denta Water IPO GMP is ₹165 as on January 21, 2025. It shows very strong response that shares are trading much higher than IPO price band upper limit of ₹294. It means listing price can be around ₹459, which is about 56% more than IPO price.

In last few days, Denta Water IPO GMP increased fast. It was ₹45 on January 18 and reached ₹145 by January 19. This shows lot of interest from people in grey market. But remember, GMP is not official and can change anytime. It does not mean share will perform same on listing day.

GMP looks good, but do check company’s details and take advice before investing.

Date	GMP (₹ per share)	Trend
January 21, 2025	₹165	Increased
January 18, 2025	₹47	Increased
January 17, 2025	₹44	Increased
January 16, 2025	₹40	Stable

Subscription Expectations

With the current buzz in the market and rising GMP, it’s expected that this IPO will be heavily subscribed. Retail investors are showing interest because of the strong GMP, and the Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs) are likely to jump in too. If you’re thinking of applying, better do it early as oversubscription looks like a sure thing.

Financial Highlights

Denta Water’s financials look pretty solid. The company has been growing its revenue and profits steadily over the years.

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

The company has very low debt and high profitability ratios. ROCE is 76.99% and ROE is 36.36%, which are great numbers.

Denta Water IPO Good or Bad?

The Denta Water IPO GMP has been creating buzz in the market, making investors curious if it’s a good or bad choice. The IPO looks promising with a GMP of ₹165 per share, showing strong demand in the grey market. The company’s financials are solid, with revenue jumping from ₹119.64 crore in FY22 to ₹241.84 crore in FY24 and profits also growing steadily. With a big order book of ₹9,842.26 crore, Denta Water has clear revenue visibility for the coming years. High return ratios like 76.99% ROCE and 36.36% ROE make the company even more attractive.

But there’s also risks. The business depend heavily on government projects, which can face delays or funding issues. Plus, infrastructure projects can have cost overrun or execution problems. While the Denta Water IPO GMP shows positive market sentiment, it’s not a guarantee for long-term gains. For short-term listing gains, it looks good, but long-term investors need to think about the risks and their investment goals. It’s a good option for those with high-risk appetite, but always do your own research before applying.

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.