Denta Water And Infra Solutions IPO — Price Band, Allotment And Listing Date, Financials And More: DRChoksey

Denta Water And Infra Solutions' Rs 220.5 crore IPO comprises entirely of fresh issue with no offer-for-sale component. The minimum order lot for bidding is 35..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..DRChoksey Research Report.Denta Water and Infra Solutions Ltd. will launch its initial public offering on January 22 and the offer closes for subscription on Jan. 24. A key players in the field of water EPC has fixed the price band in the range of 279 to Rs 294 per share.The Rs 220.5 crore IPO comprises entirely of fresh issue with no offer-for-sale component. The minimum order lot for bidding is 35.The allotment for the Denta Water And Infra Solutions IPO is expected to be finalized on jan. 27.The shares will be listed on both the National Stock Exchange and the BSE on Jan 29. .Objects of the Offer To meet the working capital requirements.General corporate purposes..Outlook and Valuation: Denta Water and Infra Solutions is positioned for growth in the water infrastructure sector, bolstered by a substantial order book and significant government contracts. Specializing in groundwater recharge and irrigation projects, the company is poised to benefit from the government's focus on water conservation. However, it faces market pressures and competition that could impact profitability. The success of key projects like the KC Valley and Multi Village schemes depends on continued government support and effective execution, linking the company's prospects to external economic conditions. Despite a strong revenue growth at a CAGR of 41% from FY22 to FY24, both Ebitda and PAT margins, along with return ratios, are declining, indicating challenges in maintaining financial efficiency. Given these factors, we assign ‘Neutral’ rating..Click on the attachment to read the full report:.Denta Water And Infra Solutions IPO: Price Band, Financials, Risks, GMP — All You Need To Know.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Denta Water And Infra Solutions IPO — Price Band, Allotment And Listing Date, Financials And More: DRChoksey

The Rs 220.5 crore IPO will open for subscription on January 22 for which the company has fixed the price band in the range of 279 to Rs 294 per share.

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Denta Water And Infra Solutions IPO — Price Band, Allotment And Listing Date, Financials And More: DRChoksey

The Rs 220.5 crore IPO will open for subscription on January 22 for which the company has fixed the price band in the range of 279 to Rs 294 per share.

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