Denta Water share price today: Shortly after being listed on the stock exchanges, denta Water and Infra share price Solutions jumped 5% to reach the upper circuit limit.
Denta Water share price: Today (Wednesday, January 29), Denta Water and Infra Solutions, which just began their initial public offering (IPO), made their debut on the stock exchanges. dental water share price on the BSE, the stock opened at Rs 330 per share, which was a 12.24% premium, while on the NSE, it opened at Rs 325 per share, which was a 10.54% premium.
Shares hit the upper circuit shortly after the offering, rising 5% to Rs 346.45 per share on the BSE.
Denta Water IPO Details
The Denta Water and Infra Solutions IPO opened for subscription from January 22, 2025, and closed on January 24, 2025. The price band for the issue was set between Rs. 279 to Rs. 294 per share. The IPO is expected to raise approximately Rs. 220.50 crore by issuing 75 lakh shares. It is a Book Built Issue, with the listing taking place on the BSE and NSE on January 29, 2025.
The IPO offers a retail quota of 35%, QIB (Qualified Institutional Buyers) quota of 50%, and an NII (Non-Institutional Investors) quota of 15%. The minimum lot size for retail investors is 50 shares, which requires an investment of Rs. 14,700, with the option to apply for up to 650 shares (Rs. 191,100).
The proceeds from this IPO are mainly intended for working capital requirements and general corporate purposes.
For further information, you can also refer to their official sources or read the full details from investment blogs like Paytm or Arihant Capital.
