Denta Water IPO: The highly anticipated Denta Water and Infra Solutions IPO is set to open on January 22, 2025, and will close on January 24, 2025. This Book Built Issue aims to raise approximately ₹220.50 crores through a combination of fresh issue and offer for sale of equity shares with a face value of ₹10 each.
With a price band of ₹279 to ₹294 per share, the Denta Water IPO offers a retail quota of 35%, QIB quota of 50%, and HNI quota of 15%. The listing on BSE and NSE is scheduled for January 29, 2025, with the allotment date set for January 27, 2025.
In terms of financial performance, the company reported a revenue of ₹241.84 crores in 2024, a significant increase from ₹175.75 crores in 2023. Similarly, the profit for 2024 stood at ₹59.73 crores, up from ₹50.11 crores in 2023. Based on these impressive figures, IPO investors are advised to consider a long-term investment strategy.
Denta Water and Infra Solutions IPO Details
| IPO Open Date: | January 22, 2025 |
| IPO Close Date: | January 24, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹279 to ₹294 Per Share |
| Issue Size: | Approx ₹220.50 Crores |
| Fresh Issue: | Approx ₹220.50 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Denta Water IPO Market Lot
The Denta Water IPO minimum market lot is 50 shares with ₹14,700 application amount. The retail investors can apply up-to 13 lots with 650 shares of ₹1,91,100 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 50 | ₹14,700 |
| Retail Maximum | 13 | 650 | ₹1,91,100 |
| S-HNI Minimum | 14 | 700 | ₹2,05,800 |
| B-HNI Minimum | 69 | 3,450 | ₹10,14,300 |
Denta Water IPO Dates
The Denta Water IPO date is January 22 and the close date is January 24. The Denta Water IPO allotment will be finalized on January 27 and the IPO listing on January 29.
| IPO Open Date: | January 22, 2025 |
| IPO Close Date: | January 24, 2025 |
| Basis of Allotment: | January 27, 2025 |
| Refunds: | January 28, 2025 |
| Credit to Demat Account: | January 28, 2025 |
| IPO Listing Date: | January 29, 2025 |
Promoters of Denta Water IPO
The promoters of the company are Sowbhagyamma, Sujith TR, C Mruthyunjaya Swamy and Hema HM.
About Denta Water IPO
Denta Water and Infra Solution Limited is a rapidly growing company in the water and infrastructure sector, having been founded in 2016. Denta Water stands out among its competitors due to its exceptional expertise in groundwater recharge projects. The company specializes in the design, installation, and commissioning of water infrastructure projects, as well as providing maintenance services for a specified period of time. Additionally, Denta Water undertakes construction projects in the railway and highway sectors.
Recognizing the increasing demand for water-related solutions in the country, Denta Water has played a crucial role in addressing this issue by spearheading groundwater recharge projects using recycled water. Notable projects such as Byrapura, Hiremagaluru, and Karagada Lift Irrigation System (LIS) showcase the company’s successful track record in completing such initiatives. Denta Water has also actively participated in the Government’s Jal Jeevan Mission, demonstrating its unwavering commitment to water management projects.
As of November 30, 2024, Denta Water and Infra Solution Limited employed 89 permanent staff members, further solidifying its position as a key player in the industry.
Denta Water IPO Company Financial Report
The company reported revenue of ₹241.84 crores in 2024 against ₹175.75 crore in 2023. The company reported profit of ₹59.73 crores in 2024 against Profit of ₹50.11 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹119.64 | ₹67.85 | ₹38.34 | ₹60.64 |
| 2023 | ₹175.75 | ₹107.83 | ₹50.11 | ₹123.28 |
| 2024 | ₹241.84 | ₹160.45 | ₹59.73 | ₹219.85 |
| September 2024 | ₹98.51 | ₹65.38 | ₹24.2 | ₹220.35 |
Denta Water IPO Valuation – FY2024
Check Denta Water IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 36.36% |
| ROCE: | 76.99% |
| EBITDA Margin: | 33.17% |
| PAT Margin: | 25.03% |
| Debt to equity ratio: | 0.01 |
| Earning Per Share (EPS): | ₹31.11 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 36.36% |
| Net Asset Value (NAV): | ₹85.55 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| VA Tech Wabag | 39.49 | 38.41 | 13.77% | 292.43 | 2,856.4 Cr. |
| EMS Limited | 29.38 | 27.47 | 19.13% | 143.73 | 538.16 Cr. |
Objects of the Issue
- To meet working capital requirements of the Company
- General corporate purposes, subject to the applicable laws