Denta Water and Infra Solutions IPO Details, Financials, Valuation & Peers
Explore Denta Water and Infra Solutions IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Denta Water and Infra Solutions Limited, established in 2016, is in water engineering, procurement, and construction (EPC) services. The company specializes in the design, installation, and commissioning of critical water management infrastructure projects, with a focus on groundwater recharging through recycled water. Denta Water has successfully completed 32 water management projects and is currently executing 17 ongoing projects, showcasing its expertise in lift irrigation, drinking water supply, and treated wastewater reuse. With a significant presence in Karnataka, the company has contributed to prominent initiatives like the KC Valley Project and the Jal Jeevan Mission, furthering its reputation as a trusted partner in India’s water infrastructure development. In addition to water management, Denta Water also undertakes construction projects in railways and roadways, making it a diversified player in the infrastructure domain.
Key Points:
- Core Business Areas:
- Design, installation, and commissioning of water management projects.
- Expertise in groundwater recharging using recycled water.
- Infrastructure projects in railways, highways, and lift irrigation.
- Notable Projects:
- KC Valley Project (Phase 1): Contributed to Bengaluru becoming the second-largest city globally in treated wastewater quantity.
- Jal Jeevan Mission: Executed projects like the Kerehalli and Chikkabenakal Drinking Water Projects.
- Byrapura and Hiremagaluru LIS Project, Karagada LIS Project, and others.
- Geographic Focus:
- Primarily operates in Karnataka, addressing water management needs in drought-prone areas.
- Infrastructure projects include pipelines, pump houses, and treatment plants.
- Service Portfolio:
- End-to-end services from concept to commissioning.
- Includes feasibility studies, design, project management, and maintenance.
- Turnkey project execution with expertise in lift irrigation, water supply, and sanitation.
- Track Record:
- 32 completed water management projects.
- 17 ongoing projects with a total contract value of ₹1,100.44 crore.
- Outstanding order book of ₹752.45 crore (as of November 2024).
- Collaborative Approach:
- Executes projects as the main contractor, sub-contractor, or through joint ventures.
- Leverages consortium arrangements for projects requiring specialized expertise and resources.
- Diversification:
- Expanding into railway and roadway construction projects, including infrastructure improvement and bridge construction.
Objects of the Issue
- To meet working capital requirements of the Company
- General corporate purposes, subject to the applicable laws
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 22 Jan - 24 Jan 2025 |
| IPO Price Band | ₹279 - ₹294 per share |
| Fresh Issue | 7,500,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹220.50 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 22 Jan 2025 |
| IPO Closing Date | 24 Jan 2025 |
| Basis Of Allotment | 27 Jan 2025 |
| Refunds | 28 Jan 2025 |
| Demat Transfer | 28 Jan 2025 |
| IPO Listing Date | 29 Jan 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 119.64 | 175.75 | 241.84 | 98.51 |
| Total Expenses | 67.85 | 107.83 | 160.45 | 65.38 |
| Net Profit/Loss | 38.34 | 50.11 | 59.73 | 24.20 |
| NPM (*) | 32.06 | 28.75 | 25.03 | 24.75 |
| Total Assets | 60.64 | 123.28 | 219.85 | 220.35 |
| Total Liabilities | 6.21 | 18.67 | 55.52 | 31.87 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 19.97 | 26.10 | 31.11 | 12.60 |
| ROE (%) | 70.43 | 47.93 | 36.36 | 12.84 |
| ROCE (%) | 126.60 | 95.98 | 76.99 | 18.96 |
| D/E Ratio | - | 0.01 | 0.01 | 0.00 |
| Current Ratio | 8.52 | 4.47 | 3.16 | 5.63 |
| EBITDA MARGIN (%) | 43.33 | 38.41 | 33.17 | 33.51 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Denta Water and Infra Solutions Limited | 238.60 | 9.45 | 31.11 | 36.36 | 85.55 |
| VA Tech Wabag | 2,856.40 | 38.41 | 39.49 | 13.77 | 292.43 |
| EMS Limited | 538.16 | 27.47 | 29.38 | 19.13 | 143.73 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 50% |
| Non-Institutional Investor (NII/HNI) | Not less than 15% |
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 236.94 |
| Non-Institutional Investor (NII/HNI) | 507.05 |
| Retail Individual Investor (RII) | 90.33 |
| Total | 221.52 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Integrated Registry Management Services Private limited
Phone: 080-23460815/816/817/818
Email: smeipo@integratedindia.in
Website: www.integratedregistry.in
Company Promoters
- SOWBHAGYAMMA
- SUJITH T R
- C MRUTHYUNJAYA SWAMY
- HEMA H M
Lead Managers
- SMC CAPITALS LIMITED
Company Address
Denta Water and Infra Solutions Limited
# 40, 3rd Floor, Sri Lakshminarayana Mansion, South End Road, Basavanagudi Bangalore, South Bangalore- 560 004 Karnataka, India
Phone: +91 080 2991 6509
Email: cs@denta.co.in
Website: www.denta.co.in
FAQs
- What is the issue size of the Denta Water and Infra Solutions IPO?The Denta Water and Infra Solutions IPO has an issue size of ₹220.50 crore. This includes a fresh issue of 7,500,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Denta Water and Infra Solutions IPO?The price band for the Denta Water and Infra Solutions IPO is ₹279 - ₹294 per share.
- What are the bidding dates for the Denta Water and Infra Solutions IPO?The Denta Water and Infra Solutions IPO will open for bidding on 22 Jan 2025 and close on 24 Jan 2025.
- What is the allotment date for the Denta Water and Infra Solutions IPO?The allotment date for the Denta Water and Infra Solutions IPO is 27 Jan 2025.
- What is the minimum lot size and investment required for the Denta Water and Infra Solutions IPO?The minimum lot size for the Denta Water and Infra Solutions IPO is 50 shares and the minimum investment required is ₹14,700.
- What is the listing date for the Denta Water and Infra Solutions IPO?The listing date for the Denta Water and Infra Solutions IPO is 29 Jan 2025.
- What is the Denta Water and Infra Solutions IPO grey market premium?The grey market premium (GMP) for the Denta Water and Infra Solutions IPO is currently at ₹75, with an expected listing gain of approximately 25.51%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.