Denta Water IPO Allotment eventually Out After lengthy put off! A Step-with the aid of-Step manual to check Allotment repute on-line, know state-of-the-art GMP
Denta Water IPO Allotment reputation: After a long wait, the Denta Water and Infra answers IPO allotment has been declared finally. traders have started out receiving bank debit messages.
though the registrar incorporated Registry management services Pvt Ltd's portal is dealing with technical glitch, buyers can check the allotment status on the web sites of the BSE and NSE.
as the allotment has been finalised, the IPO list is now set to take location on both BSE and NSE on Wednesday, january 29.
Denta Water IPO: How to check Allotment fame on-line?
The Denta Water IPO allotment will take area on Monday, january 27. The IPO allotment status may be checked on line by using following those steps:
1) go to the authentic BSE internet site thru the URL - https://www.bseindia.com/traders/appli_check.aspx.
2) below 'difficulty kind', choose 'equity'.
three) underneath 'trouble name', select 'Denta Water and Infra answers Ltd' within the dropbox.
four) enter your utility quantity, or the permanent Account quantity (PAN).
five) Then, click on at the 'i am no longer a robot' to verify your self and hit the 'search' option.
Your proportion application fame will seem for your screen.
you could also go to immediately on the registrar integrated Registry management services Pvt Ltd's portal - https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1 and take a look at the Denta Water IPO allotment repute. however, this portal has confronted technical problem due to visitors overload.
Denta Water IPO GMP today
in keeping with marketplace observers, unlisted shares of Denta Water and Infra solutions Ltd are presently buying and selling at Rs 370 apiece in the gray marketplace, that is a 25.eighty five in keeping with cent top rate over the upper IPO charge of Rs 294. It indicates a robust listing benefit for traders on january 29.
The GMP is based on marketplace sentiments and keeps converting. 'grey marketplace premium' shows buyers' readiness to pay more than the problem rate.
Denta Water IPO: more details
The preliminary public presenting of Denta Water and Infra answers Ltd, which become open between january 22 and january 24, obtained a whopping 221.fifty four instances subscription garnering bids for 1,sixteen,31,09,250 shares in opposition to 52,50,000 shares on offer. The retail category received a 90.38 times subscription in total, the NII element got 507.07 instances subscription. Its QIB class has been subscribed to by way of 236.ninety four times.
The rate band of the Rs 220.50-crore IPO was fixed at Rs 179 to 294 apiece.
The IPO had obtained a 17.29 instances subscription on Day 1 and a 50.9 subscription on Day 2.
The Denta Water and Infra answers IPO is absolutely a fresh difficulty of 75 lakh fairness shares really worth Rs 220.five crore at the higher end of the charge band.
The company on tuesday stated it has raised a little over Rs sixty six crore from anchor investors. the problem, with a rate band of Rs 279-294 in step with proportion, will conclude for public subscription on january 24.
Proceeds to the extent of Rs 150 crore will be utilised for meeting running capital necessities and a element could be used for preferred company motive.
based in 2016, Denta Water and Infra answers Ltd has emerged as one of the key gamers within the discipline of water engineering, procurement, and production (EPC) services.
It has completed 32 water management initiatives out of which eleven projects have been undertaken as the primary contractor, 1 task beneath a consortium/joint undertaking association and 20 projects undertaken below a sub-contract arrangement with the principle contractor.
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