Denta Water And Infra Solutions IPO — Should You Subscribe? Read Anand Rathi's Analysis

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..Anand Rathi 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..Objects of the Issue Meet working capital requirements.General corporate purposes..Valuation Denta Water and Infra Solutions has established expertise in water management projects with special focus on ground water recharging with expertise in in-house designing and engineering of water management infrastructure projects and strong order book along with efficient business model. At the upper price band company is valuing at P/E of 13.14x, with an EV/Ebitda of 9.13x and market cap of Rs 784. 9 crore post issue of equity shares and return on net worth of 36.36%. We believe that the IPO is fairly priced and recommend a “Subscribe-Long term” rating to the IPO..Click on the attachment to read the full IPO 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 — Should You Subscribe? Read Anand Rathi's Analysis

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 — Should You Subscribe? Read Anand Rathi's Analysis

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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