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Denta Water IPO Day 2: Denta Water and Infra Solutions’ shares get subscribed 50.63x times on day 2

Denta Water Limited's IPO saw substantial demand on Day 2, with a total subscription at 50.63x. Qualified Institutional Buyers subscribed 4.75x, Non-Institutional Investors 128.41x, and Retail Institutional Investors 43.51x.
Denta Water and Infra Solutions Limited's IPO saw a total subscription of 50.63x on Day 2.
Denta Water and Infra Solutions Limited's IPO saw a total subscription of 50.63x on Day 2.

Denta Water and Infra Solutions Limited IPO saw strong interest on Day 2, with Qualified Institutional Buyers (QIBs) subscribing 4.75 times, Non-Institutional Investors (NIIs) 128.41 times, and Retail Institutional Investors (RIIs) 43.51 times. The overall subscription reached 50.63 times, indicating robust demand and investor confidence in the offering.

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Denta Water and Infra Solutions Limited IPO Subscription Status

Denta Water and Infra Solutions Limited’s IPO saw robust demand on Day 1, with QIBs subscribing 1.67x, NIIs 36.19x, and RIIs 17.58x. The overall subscription reached 17.02x, reflecting strong investor interest.

How to check Denta Water and Infra Solutions Ltd IPO Subscription Status?

Steps to check Denta Water and Infra Solutions Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Denta Water and Infra Solutions Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Denta Water and Infra Solutions Ltd IPO Allotment Status

The allotment date for the Denta Water and Infra Solutions Ltd IPO is set for January 27, 2025, with shares priced from ₹279 to ₹294 per share and a face value of ₹10. The offering consists of lots of 50 shares, with bids accepted for these lots or their multiples.

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Denta Water and Infra Solutions Ltd IPO Listing Date 

Denta Water and Infra Solutions Ltd IPO is expected to be listed on the NSE SME on January 29, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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