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Denta Water IPO Allotment Finalised: Unlisted shares of Denta Water and Infra Solutions Ltd are presently trading at Rs 370 each in the grey market, which is a 25.85 percent costs over the top IPO cost of Rs 294.
Denta Water IPO Allotment Status Online.
Denta Water IPO Allotment Status: After a long haul, the Denta Water and Infra Solutions IPO slice has actually been proclaimed lastly. Investors have actually begun getting financial institution debit messages. Though the registrar Integrated Registry Management Services Pvt Ltd’s site is dealing with technological problem, financiers can examine the slice standing on the internet sites of the BSE and NSE.
As the slice has actually been settled, the IPO listing is currently readied to occur on both BSE and NSE on Wednesday, January 29.
Denta Water IPO: How To Check Allotment Status Online?
The Denta Water IPO slice will certainly occur on Monday, January 27. The IPO slice standing can be examined on-line by adhering to these actions:
1) Go to the main BSE internet site through 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’ alternative.
Your share application standing will certainly show up on your display.
You can likewise see straight on the registrar Integrated Registry Management Services Pvt Ltd’s site– and examine the Denta Water IPO slice standing. However, this site has actually dealt with technological problem because of website traffic overload.
Denta Water IPO GMP Today
According to market viewers, non listed shares of Denta Water and Infra Solutions Ltd are presently trading at Rs 370 each in the grey market, which is a 25.85 percent costs over the top IPO cost of Rs 294. It suggests a solid listing gain for financiers on January 29.
The GMP is based upon market views and maintains altering. ‘Grey market premium’ suggests financiers’ preparedness to pay greater than the problem cost.
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, obtained a monstrous 221.54 times registration gathering proposals for 1,16,31,09,250 shares versus 52,50,000 shares available. The retail group obtained 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 cost band of the Rs 220.50-crore IPO was taken care of 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 totally a fresh problem of 75 lakh equity shares worth Rs 220.5 crore at the top end of the cost band.
The business on Tuesday stated it has actually elevated 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 used for conference functioning resources demands and a part will certainly be utilized for basic company 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 monitoring tasks out of which 11 tasks were embarked on as the primary specialist, 1 task under a consortium/joint endeavor plan and 20 tasks embarked on under a sub-contract plan with the primary specialist.
