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Denta Water IPO Allotment Today: Unlisted shares of Denta Water and Infra Solutions Ltd are trading at Rs 394 each in the grey market, which is a 34.01% GMP over the top IPO rate of Rs 100.
Denta Water IPO Allotment Status Online.
Denta Water IPO Allotment Status: Even as the Denta Water and Infra Solutions IPO has actually gotten a frustrating 221.52 times registration from financiers, the quantity is readied to be settled today, January 27, at night. Once allocated, financiers will certainly begin getting financial institution debit messages. They can additionally inspect the quantity standing on the web sites of the BSE and NSE, in addition to on registrar Integrated Registry Management Services Pvt Ltd.
After the quantity is settled, the IPOlisting is set up to occur on January 29 on both BSE and NSE.
Denta Water IPO: How To Check Allotment Status Online?
The Denta Water IPO quantity will certainly occur on Monday, January 27. The IPO quantity standing can be examined on the internet by complying with these actions:
1) Go to the main BSE web site by means of the link– https://www.bseindia.com/investors/appli_check.aspx.
2) Under ‘Issue Type’, pick ‘Equity’.
3) Under ‘Issue Name’, pick ‘Denta Water and Infra Solutions Ltd’ in the dropbox.
4) Enter your application number, or the Permanent Account Number (FRYING PAN).
5) Then, click the ‘I am not a robot’ to validate on your own and strike the ‘Search’ choice.
Your share application standing will certainly show up on your display.
You can additionally see straight on the registrar Integrated Registry Management Services Pvt Ltd’s site– and inspect the Denta Water IPO quantity standing.
Denta Water IPO GMP Today
According to market onlookers, non listed shares of Denta Water and Infra Solutions Ltd are presently trading at Rs 394 each in the grey market, which is a 34.01 percent costs over the top IPO rate of Rs 100. It shows a solid listing gain for financiers on January 29.
The GMP is based upon market views and maintains transforming. ‘Grey market premium’ shows financiers’ preparedness to pay greater than the problem rate.
Denta Water IPO: More Details
The going public of Denta Water and Infra Solutions Ltd, which was open in between January 22 and January 24, got a monstrous 221.54 times registration gathering quotes for 1,16,31,09,250 shares versus 52,50,000 shares available. The retail group got a 90.38 times registration in overall, the NII part obtained 507.07 times registration. Its QIB group has actually been registered for by 236.94 times.
The rate band of the Rs 220.50-crore IPO was dealt with at Rs 179 to 294 each.
The IPO had actually gotten a 17.29 times registration on Day 1 and a 50.9 registration on Day 2.
The Denta Water and Infra Solutions IPO is completely a fresh problem of 75 lakh equity shares worth Rs 220.5 crore at the top end of the rate band.
The firm on Tuesday stated it has actually increased a little over Rs 66 crore from support financiers. The problem, with a rate band of Rs 279-294 per share, will certainly wrap up for public registration on January 24.
Proceeds for Rs 150 crore will certainly be made use of for conference functioning resources demands and a section will certainly be made use of for basic business objective.
Founded in 2016, Denta Water and Infra Solutions Ltd has actually become among the principals in the area of water design, purchase, and building (EPC) solutions.
It has actually finished 32 water administration tasks out of which 11 tasks were taken on as the major specialist, 1 job under a consortium/joint endeavor setup and 20 tasks taken on under a sub-contract setup with the major specialist.
