Great start, investors gain more than 15%

Shares of Danta Water and Infra Solutions, which work on water management infrastructure projects, have made a bang in the domestic market. Its IPO had already received tremendous support from investors, and it was subscribed to 221 times.
The shares released at the issue of Rs 294 were listed at Rs 330 on BSE today and Rs 325 on NSE. This means that IPO investors got a listing gain of about 12%. After the listing, the stock caught up further and reached Rs 340 on BSE, which has so far received a profit of 15.65%.

Denta Water IPO got tremendous response

The ₹ 220.50 crore IPO of Denta Water was opened from 22-24 January 2025.

• Overall subscription: This IPO 221.54 times subscribed.
• Qualified Institutional Buyers (QIB): 236.94 times.
• Non-Integational Investors (NII): 507.07 times.
• Retail Investor (Retail): 90.38 times.

In this IPO, 75 lakh new shares with face value of Rs 10 were issued. The amount raised will be used to meet the company’s working capital needs and general corporate purposes.

About Denta Water and Infra Solutions

Establishment: Danta Water and Infra Solutions, which took place in 2016, specializes in Water Management Infrastructure Projects in India.

• The company has a special mastery in the groundwater recharge projects.
• The objective of its projects is water conservation and efficient water management.

Company’s financial performance

Financial performance of Denta Water is constantly getting stronger:

• CAGR: The company’s revenue has increased by an annual growth rate of 42%.
• Current FY (2024-25): By April-September 2024, the company has received a net profit of Rs 24.2 crore and a revenue of Rs 98.51 crore.

Major points related to IPO listing

1. Issue Price: ₹ 294 per share.
2. Listing Price on BSE: ₹ 330 (12% Listing Gain).
3. Listing Price on NSE: ₹ 325.
4. The highest level after listing: ₹ 340 (15.65% profit).

Why invest in shares of Denta Water?

1. Strong Financial Status: The company’s profits and revenue are constantly increasing.
2. Expertation in industry: Skilled in water management and groundwater recharge projects.
3. Rising demand: There are immense possibilities of investment in areas such as water conservation and management.