| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹220.50 Cr |
| Fresh Issue | ₹220.50 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน279.00-294.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544345 |
| NSE Code | DENTA |
| Registrar | Integrated Registry Management Services... |
| Lead Managers | SMC Capitals Ltd. |
| Allotment Status | |
| DRHP | |
| RHP | |
| Final Prospectus | |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 50 shares and in multiples thereof
Incorporated in 2016, Denta Water and Infra Solutions Limited is a growing water and infrastructure solutions company engaged in designing, installing, and commissioning water management infrastructure projects with expertise in groundwater recharge projects.
The company has experience in water engineering and EPC services, the company specializes in infrastructure projects, including groundwater recharging through recycled water, addressing growing water solution demands.
The company has successfully executed major projects like Byrapura, Hiremagaluru LIS, and KC Valley, contributing to Bengaluru's wastewater management and supporting the Government's Jal Jeevan Mission.
The company owns 98 acres of land in Madikeri, Karnataka, producing coffee, pepper, and cardamom. Additionally, it has a beach resort in Udupi, generating revenue through a facility management agreement.
Services: The company provides a comprehensive range of water management services like
As of November 30, 2024, the company has executed 32 water management projects 11 as the main contractor, 1 in a joint venture, and 20 as a sub-contractor. In addition, the company undertakes construction projects on railways and highways.
As of November 30, 2024, the company had 89 permanent employees.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 150.00 |
| 2 | General Corporate Purposes | 45.34 |
| 3 | Issue Expenses | 25.16 |
| Total | 220.50 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 220.35 | 219.85 | 123.28 | 60.64 |
| Total Income | 98.51 | 241.84 | 175.75 | 119.64 |
| Profit After Tax | 24.20 | 59.73 | 50.11 | 38.34 |
| NET Worth | 188.46 | 164.26 | 104.55 | 54.43 |
| Reserves and Surplus | 169.26 | 145.06 | 99.74 | 49.63 |
| Total Borrowing | 0.71 | 0.86 | 1.15 | |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2023 |
|---|---|
| ROE | 36.36% |
| ROCE | 76.99% |
| Debt / Equity | 0.01% |
| RoNW | 36.36% |
| PAT Margin | 25.03% |
| Price to Book Value | 5.01 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 31.11 | 18.13 |
| P/E (x) | 9.45 | 16.22 |
| Promoter Holding | 100% | 71.91% |
| Market Cap | โน784.98 Cr. | |