Denta Water and Infra Solutions Limited IPO: Key Details and Considerations!!!
IPO Overview
Denta Water and Infra Solutions Limited is set to
launch its Initial Public Offering (IPO) on Wednesday, January 22, 2025,
with a price band of ₹279 to ₹294 per share. The IPO will
remain open for subscription until January 24, 2025.
Key IPO Details:
- IPO
Open Date: January 22, 2025
- IPO
Close Date: January 24, 2025
- Price
Band: ₹279 to ₹294 per share
- Face
Value: ₹10 per share
- Lot
Size: 50 Shares
- Total
Issue Size: 75,00,000 shares (aggregating up to ₹220.50
Cr)
- Fresh
Issue: 75,00,000 shares (aggregating up to ₹ 220.50 Cr)
- Issue
Type: Book Built Issue IPO
- Listing
At: BSE, NSE
- Share
Holding Pre Issue: 1,92,00,000 shares
- Share
Holding Post Issue: 2,67,00,000 shares
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.
IPO Objectives
The Company proposes to utilize the Net Proceeds raised through
the Issue for the following objects:
- To meet working capital
requirements of the Company
- General corporate purposes,
subject to the applicable laws
Should You Invest in the Denta Water and Infra Solutions Limited
IPO?
Deciding whether to invest in an IPO requires
careful consideration. Here are some factors to evaluate:
- Company
Fundamentals: Analyze the company's financial performance,
growth prospects, competitive advantages, and management team.
- Industry
Outlook: Assess the overall growth potential and
competitive landscape of the industry in which the company operates.
- IPO
Valuation: Compare the IPO price to the company's
intrinsic value and peer valuations.
- Risk
Tolerance: Consider your own risk tolerance and investment
objectives.
Disclaimer:
This blog post is for
informational purposes only and should not be considered investment advice. It
is crucial to conduct thorough research and consult with a qualified financial advisor like Invenzee https://ibuildcap.com/services before
making any investment decisions.
Comments
Post a Comment