Denta Water IPO Subscription Status
Denta Water IPO closed on 24 January 2025 with an overall subscription of 221.54x based on shares applied. QIB demand came in at 236.94x, NII at 507.05x, and retail at 90.33x.
Allotment will be finalised on 27 January 2025. The stock is scheduled to list on NSE and BSE on 29 January 2025.
Issue Price
Rs 294.00
GMP Today
Rs 73.00 (+24.83%)
Overall Subscription
221.54x
Issue Size
₹220.50 Cr
Allotment Date
27 Jan 2025
Listing Date
29 Jan 2025
Denta Water IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 294.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 44.10 Cr | Rs 10,448.98 Cr | 236.94x |
| NII | Rs 33.08 Cr | Rs 16,770.69 Cr | 507.05x |
| sNII (Rs 2L to Rs 10L) | Rs 11.03 Cr | Rs 4,500.01 Cr | 408.16x |
| bNII (above Rs 10L) | Rs 22.05 Cr | Rs 12,270.68 Cr | 556.49x |
| Retail | Rs 77.18 Cr | Rs 6,971.42 Cr | 90.33x |
| Total | Rs 154.35 Cr | Rs 34,191.09 Cr | 221.52x |
Denta Water IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 15,00,000 | 35,54,07,600 | 236.94x |
| NII | 11,25,000 | 57,04,31,550 | 507.05x |
| sNII (Rs 2L to Rs 10L) | 3,75,000 | 15,30,61,500 | 408.16x |
| bNII (above Rs 10L) | 7,50,000 | 41,73,70,050 | 556.49x |
| Retail | 26,25,000 | 23,71,23,050 | 90.33x |
| Total | 52,50,000 | 1,16,29,62,200 | 221.52x |
What Do These Subscription Numbers Mean?
A subscription of 221.54x by shares means the IPO received bids for 222 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 236.94x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 236.94x, it reflects serious institutional conviction.
NII at 507.05x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 90.33x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Denta Water IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 90.33x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 408.16x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 556.49x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Denta Water IPO Allotment Status page from 27 January 2025 for your allotment result.
Denta Water IPO GMP After Subscription
GMP for Denta Water IPO stands at Rs 73.00 today, giving an estimated listing price of Rs 367.00 per share.
A subscription of 221.54x combined with a GMP of 24.83% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Denta Water IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Denta Water IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 22 Jan 2025 | 1.67x | 36.40x | 18.02x | 17.29x |
| Day 2 - 23 Jan 2025 | 4.75x | 128.68x | 43.94x | 50.90x |
| Day 3 - 24 Jan 2025 | 236.94x | 507.05x | 90.33x | 221.52x |
Denta Water IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 22 January 2025 |
| IPO Close Date | 24 January 2025 |
| Allotment Date | 27 January 2025 |
| Refund Initiation | 28 January 2025 |
| Share Credit to Demat | 28 January 2025 |
| Listing Date | 29 January 2025 |
| Minimum Investment | Rs 14,700.00 |
| Lot Size | 50 shares |
About Denta Water IPO
Denta Water and Infra Solutions Limited, established in 2016, is an emerging water and infrastructure solutions company into designing, installing, and commissioning water management infrastructure projects with expertise in groundwater recharge projects. The company has experience in water engineering and EPC services with specialisation in infrastructure projects in which there is a need to meet growing water solution demands through recharge of groundwater using recycled water.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Denta Water IPO Subscription FAQs
What is Denta Water IPO IPO subscription status today?
Denta Water IPO IPO subscription closed on 24 January 2025 with overall subscription of 221.54x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 236.94x, NII 507.05x, Retail 90.33x.
What is the overall subscription of Denta Water IPO IPO?
Denta Water IPO IPO is subscribed 221.54x overall by shares at close on 24 January 2025. QIB 236.94x, NII 507.05x, and Retail 90.33x.
What is Denta Water IPO IPO QIB subscription?
Denta Water IPO IPO QIB (Qualified Institutional Buyers) subscription is 236.94x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Denta Water IPO IPO Retail subscription?
Denta Water IPO IPO Retail subscription is 90.33x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Denta Water IPO IPO NII subscription?
Denta Water IPO IPO NII (Non-Institutional Investors) subscription is 507.05x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Denta Water IPO IPO for retail?
Denta Water IPO IPO retail share subscription is 90.33x. Application-wise data is needed for accurate lottery odds.
When is Denta Water IPO IPO allotment date?
Denta Water IPO IPO allotment date is 27 January 2025. Check Denta Water IPO Allotment Status on IPOwiz from that day using your PAN.
When does Denta Water IPO IPO subscription close?
Denta Water IPO IPO subscription closed on 24 January 2025. No new applications are accepted after the close.
What is Denta Water IPO IPO GMP today?
Denta Water IPO IPO GMP is ₹73 today (+24.83% over issue price ₹294). See live GMP on the Denta Water IPO GMP Today page.
What is Denta Water IPO IPO issue price and lot size?
Denta Water IPO IPO issue price is ₹294 per share. Lot size is 50 shares. Minimum investment is ₹14,700 per lot. Issue size: ₹220.50 Cr.
When is Denta Water IPO IPO listing date?
Denta Water IPO IPO listing date is 29 January 2025 on NSE and BSE. Allotment is on 27 January 2025.
How does subscription affect Denta Water IPO IPO allotment?
Allotment odds in Denta Water IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 221.54x overall, competition is very high.
For allotment results from 27 January 2025, visit the Denta Water IPO Allotment Status page. For listing day updates on 29 January 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.