The initial share sale of Denta Water and Infra Solutions Ltd garnered 221.52 times subscriptions on the closing day of bidding on Friday. The initial public offer got bids for 1,16,29,62,200 shares against 52,50,000 shares on offer, as per NSE data. The quota for non-institutional investors bagged a massive 507.05 times subscription, while the Qualified Institutional Buyers (QIBs) portion subscribed 236.94 times. The portion for Retail Individual Investors (RIIs) garnered 90.33 times the subscription. Denta Water and Infra Solutions on Tuesday said it has raised a little over Rs 66 crore from anchor investors. The issue has a price band of Rs 279-294 per share. The IPO is entirely a fresh issue of 75 lakh equity shares worth Rs 220.5 crore at the upper end of the price band. Proceeds to the extent of Rs 150 crore will be utilised to meet working capital requirements, and a portion will be used for general corporate purposes. Founded in 2016, Denta Water and Infra Solutions Ltd
Here is the complete list of IPO activities scheduled to take place next week, from Monday, January 27, to Friday, January 31, 2025
On the National Stock Exchange (NSE), Stallion India shares listed at Rs 120 apiece, showing a premium of Rs 20 or 33.33 per cent against the issue price
Denta Water IPO GMP Today: Denta Water IPO GMP today stands at Rs 165 per share. The issue has been fully subscribed on Day 1 of the IPO
From opening to allotment to listing, here is the complete list of IPOs to keep primary market investors busy next week
On the National Stock Exchange (NSE), the shares were listed at Rs 99, reflecting a at par listing compared to the issue price of Rs 99
Sat Kartar Shopping shares listed at Rs 153.90 aapiece on the NSE SME, reflecting a premium of Rs 72.90 or 90 per cent gains over the issue price of Rs 81
Once the basis of allotment of Barflex Polyfilms IPO shares is finalised, investors can check the allotment status on the official websites of NSE, and Maashitla Securities
Stallion India IPO opens for public subscription today. Check price band, GMP, lot size, review, allotment, listing date, and more here
As investors await the opening of the public offering, here are the key details of the Stallion India IPO, as outlined in the company's Red Herring Prospectus (RHP)
The unlisted shares of Barflex Polyfilms were trading at Rs 74 apiece, reflecting a grey market premium (GMP) of Rs 14 or 23.33 per cent against the upper end of the IPO price band of Rs 60
Retail Individual Investors (RIIs) have shown the highest enthusiasm, oversubscribing their reserved portion by 16.28 times
Quadrant Future Tek shares listed at Rs 374 on the BSE, a premium of Rs 84 or 28.9 per cent over the issue price of Rs 290
Pantomath Capital Advisors, and IDBI Capital Markets & Securities are the Book Running Lead Managers to the issue, while MUFG Intime India (formerly known as Link Intime India) serves as the registrar
Standard Glass Lining shares listed at Rs 176 apiece on the BSE, reflecting a premium of Rs 36 or 25.7 per cent against the issue price of Rs 140
Groww recently shifted its headquarters from the US to India less than a year ago, a relocation that incurred the fintech a tax expense of Rs 1,340 crore
Laxmi Dental IPO, which opens for public subscription today, will close on Wednesday, January 15, 2025. Check the GMP, lot size, price band, allotment, listing schedule, and other key details here
Eyewear startup Lenskart is targeting a valuation of $7-8 billion and plans to list by the end of the financial year 2026
In the grey market, the unlisted shares of Indobell Insulation were quoted trading at Rs 65 apiece, reflecting a 41.3 per cent premium over the IPO price of Rs 46
Quadrant Future Tek IPO, which opened for public subscription on January 7, 2025, is set to close today, Thursday, January 9, 2025