In the last few years, Indian markets have had an increase in the number of Initial Public Offerings (IPOs) that give investors a chance to invest in emerging firms. Denta Water and Infra Solutions Limited is one such IPO that has drawn a lot of interest. Investors are now curious to find out the denta water ipo allotment status – whether or not they were successful in obtaining the shares. As a result this article covers the Denta Water IPO allotment and how you can check the allotment status of your IPO application, if any.
Denta Water and Infra Solutions IPO: Introduction
Denta Water and Infra Solutions Limited focuses on water purification and infrastructural solutions. They are in a high growth sector which is India, where there is huge demand for clean water solutions, because of water scarcity and contamination.
The sole purpose of the company’s IPO was to raise finances for Denta Water, which would be used for bolstering its business and enhancing its infrastructure operations, as well as improving its water purification technology and processes. The Denta Water IPO was open for subscription on the 22nd of January 2025 and closed on the 24th of January 2025. The issue got a price of ₹294 and a bid was placed for 50 shares per lot. The IPO was also listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) simultaneously.
What is Allotment of IPO Shares?
IPO allotment is the shares allocation to investors by a company during an initial public offering. In case the IPO is oversubscribed, not everyone who applied for shares will receive them. In that case, the process of allotment becomes quite important.
regarding the Denta Water IPO, it received an oversubscription of 221.68 times which indicates a significantly high demand for shares of the Denta Water Among the investors resulting in many applicants receiving fewer shares than applied for or none at all.
Here’s Another Perspective On The Allotment Procedure
The shares are usually allotted using a “lottery” or a “random selection” method. In this instance, each participant is given a specific number when applying for shares in the IPO. The IPO registrar then commences the allotment once the threshold has been met.
In the case of an oversubscription, the registrar employs a proportionate allotment strategy where a certain quantity of application selections are made in relation to the amount of shares on offer in comparison to the demand of the shares.
Dates for Allotment Of Denta Water IPO
The date set to allot Denta Water IPO is January 27, 2025. Any investors who placed bids during the IPO can monitor the allotment once it has taken place. Moreover, the allotment status will reveal the outcome regarding the IPO shares.
Checking the Denta water IPO status allotment
In the event you placed an order for the shares in IPO Denta Water and are curious as to what the status of the allotment is there are various ways available to track the progress. Below are the directions to follow: Enabled Level
- Official Website of BSE: Go to the BSE website in order to check the IPO allotment.
From the ‘Issue Name’ dropdown box, select Denta Water and Infra Solutions Limited.
Enter your Application Number or your PAN number.
Complete the CAPTCHA and click ‘Search’.
This allows you to see the allotment status.
- NSE Portal:
Go to the IPO allotment section in the NSE portal and navigate to the NSE Website.
From the dropdown list, choose Denta Water And Infra Solutions Limited, then fill in your Application Number or PAN number.
To confirm your allotment status, click ‘Submit’.
- Registrar’s Website (Integrated Registry Management Services):
Go to the allotment status page for the registrar.
Pick ‘IPO’ in the ‘Allotment Option’ dropdown.
Choose Denta Water and Infra Solutions Limited from the ‘Select Company’ dropdown list and fill in your Application Number or PAN number.
To view your allotment status, click ‘Submit’.
What Will Come After The Allotment
Remember, if you were assigned any shares during the allotment, an Allotment Confirmation detailing the shares will be sent to you and those shares will be deposited in your Demat account. In case of no allotment of shares, the amount, minus the refund processing fee, will get returned. Refunds on applications not successful will get processed in the time following the allotment.
The expectation is that the shares of Denta Water will be listed in the BSE and NSE by January 29, 2025. When the listing is done successfully, the allotted investors can expect the stock to start premium. Currently, the grey market premium (GMP) for the IPO is ₹121, that indicates that the shares are going to get listed at ₹415 per share which is around 41% over the issue price.
Conclusion: Denta Water IPO Allotment and Investor Sentiments
The Denta Water and Infra Solutions IPO has been actively discussed considering the oversubscription of the IPO was 221.68 times which shows the demand for the company which is high and indicates the optimism of investors towards the growth of the company. With the date of allotment nearing, applicants are filled with anticipation regarding the results.
It is notable that the investment in IPO comes with its own risks, especially when it comes to oversubscribed offers. The Denta Water is in high demand and therefore may have candid positive listing, but each investor ought to access carefully before taking any steps.
Investors planning to invest in Denta Water’s IPO can find out whether they are likely to benefit from the company’s growth by checking how the allotment process is done. By following the procedures outlined above, investors can conveniently check their allocation status and remain up to date with this new investment opportunity.
If you are interested for more: India’s Union Budget 2025: Date Announcement and Expected Income Tax Relief Allotment Update: Denta Water IPO 2025 – Incredible Details & How to Instantly Check Your Status!
