Denta Water and Infra IPO
Water Infra - Listed on 29 January 2025
Denta Water and Infra IPO listing summary
Denta Water and Infra (Water Infra) closed its IPO window in 2025 and listed on NSE and BSE on 29 January 2025 at an upper band issue price of Rs 294, opening at Rs 330 for a listing gain of +12.2% and closing day one at Rs 341.25 (+16.1% on closing basis). The IPO was subscribed 221.68x overall - QIB 236.94x, HNI/NII 507.27x, Retail 90.56x. The total issue size was Rs 220.5 Cr (Fresh Issue Rs 220.5 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Denta Water and Infra IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 138 | +46.94% |
| Day 2 | Rs 145 | +49.32% |
| Day 3 | Rs 157 | +53.40% |
| Day 4 | Rs 150 | +51.02% |
| Day 5 | Rs 140 | +47.62% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Denta Water and Infra IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Denta Water and Infra IPO - FAQs
What was the listing gain of Denta Water and Infra IPO?
Denta Water and Infra IPO listed at +12.2% versus the upper issue price of Rs 294 on 29 January 2025.
How many times was Denta Water and Infra IPO subscribed?
Denta Water and Infra IPO was subscribed 221.68x overall. QIB portion was subscribed 236.94x, HNI / NII 507.27x and Retail 90.56x.
What was the IPO GMP for Denta Water and Infra?
IPO GMP started at Rs 138 on Day 1 and moved to Rs 140 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.