Denta Water And Infra IPO Allotment: How To Check Allotment Status On BSE And IPO Registrar Website
The IPO of Denta Water and Infra Solutions became the 6th most subscribed issue with an overall subscription of 221.68 times. Find here the step-by-step guide to verify your share allotment status.
Denta Water and Infra Solutions Initial Public Offering (IPO) concluded its subscription period on Friday with an astounding oversubscription of 221.68 times. Non-Institutional investors led the charge, subscribing a whopping 507.27 times, followed by Qualified Institutional Buyers at 236.9 times and retail investors at 90.56 times.
The IPO's price band ranged between Rs 279 to Rs 294 per share. Investors had to bid for a minimum of 50 equity shares, and in multiples of 50 shares thereafter. The proceeds from the issue, to the extent of Rs 150 crore, will be utilised for meeting working capital requirements and for general corporate purpose, subject to the applicable laws.
Denta Water and Infra Solutions IPO Allotment Date
The allotment of shares for Denta Water and Infra Solutions Limited is expected to be finalised on Monday, Jan. 27.
*This is a tentative date and is subject to change
How To Check Denta Water And Infra Solutions IPO Allotment Status On The BSE Website?
Go to the official BSE website: https://www.bseindia.com/investors/appli_check.aspx
Select the issue type as 'Equity.'
Choose "Denta Water and Infra Solutions Limited" from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Complete the 'Captcha' for verification.
Click on the "Search" button to view your allotment status.
Download or print the allotment status for your records.
How To Check Denta Water And Infra Solutions IPO Allotment Status On Integrated Registry Management Services Website?
Visit the IPO page on the Integrated Registry Management Services website here: https://www.integratedregistry.in/RegistrarsToSTA.aspx
Click on the 'Debt IPO Allotment Status' tab shown on the screen.
Select "Denta Water and Infra Solutions" from the company drop-down list.
Select PAN number, application number, or DP/Client ID as per your choice.
Enter your PAN number, application number, or DP/Client ID details as per your above-selected choice.
Click on the "SUBMIT" button.
Download or print the allotment status for your records.
Source: integratedregistry.in
Denta Water and Infra Solutions IPO Listing Date
Shares of Denta Water and Infra Solutions are set to be listed on the bourses (BSE & NSE) on Wednesday, Jan. 29.
Denta Water and Infra Solutions IPO Timeline
IPO Open Date: Jan. 22
IPO Close Date: Jan. 24
Basis of Allotment: Jan. 27
Initiation of Refunds: Jan. 28
Credit of Shares to Demat: Jan. 28
Listing Date: Jan. 29
Denta Water and Infra Solutions IPO Issue Details
Price band: Rs 279–294 per share.
Fresh issue size: Rs 220.5 crore.
Total issue size: Rs 220.5 crore.
Market value at the upper end of price band: Rs 785 crore.
Lot size: 35 shares.
About Denta Water and Infra Solutions
Established in 2016, Denta Water and Infra Solutions is one of the players in the field of water engineering, procurement, and construction services.
The company's notable achievements include the execution of several lift irrigation system projects, including Byrapura and Hiremagaluru LIS project, the Karagada LIS project, and others.
The firm has significant involvement in the Jal Jeevan Mission of the Government of India, under which it was awarded three projects — Kerehalli drinking water project, Chikkabenakal drinking water project and rehabilitation of MVS to Doddakowlande and other 55 villages of Nanjangud Taluk, which are located in Karnataka.
Denta Water has completed 32 water management projects, of which 11 projects were executed by it as the main contractor, one project was undertaken under a consortium, or joint venture arrangement, and 20 projects were undertaken under a sub-contract arrangement with the main contractor.
