Denta Water IPO Allotment Concluded: Here Is How to Know If You Have Your Preferred Shares and Check Allotment Status
As per the latest grey market reports, Denta Water IPO shares is set to be listed on January 29 at approximately ₹414.
Denta Water IPO Allotment Finalization
The IPO allocation for Denta Water and Infra Solutions Limited was finalized by them on 27th January, 2020.People who have been allocated shares can view their allotment status via the registrar’s page or the primary BSE page.
The subscription for the IPO began on January 22nd and terminated on January 24th.The IPO was assigned a price band of ₹279 to ₹294 respectively.The issue comprises solely of 75,000,000 new equity shares.The public issue is set to be listed on the BSE as well as the NSE on January 29th.
According to the most recent data on January 27th, 2020, the grey market premium for Denta Water IPO is marked at ₹120 indicating considerable profit on IPO listing.
How to Access Denta Water IPO Allotment Status
Through Registrar’s Portal
Investors have the option of checking on the registrar’s portal at [Integrated Registry Services](https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1) regarding their IPO allotment status.
Using BSE Portal
To access listing status from BSE, follow these steps:
1. Go to [BSE IPO Allotment Status Page](https://www.bseindia.com/investors/appli_check.aspx)
2. Select “Equity” under “Issue Type.”
3. Select the IPO name (Denta Water IPO) from the dropdown list.
4. Input your application number or PAN card in their respective fields.
5. Finally, click “Search” to see your allotment status on the screen.
Denta Water IPO Subscription Details
According to NSE data 221.68 times combined subscription is observed for Denta water IPO and it was oversubscribed by 1163818100 bids against the desired 5250000.
– Non-Institutional Investors (NIIs): 507.27 times subscription.
– Qualified Institutional Buyers (QIBs): 236.94 times subscription.
– Retail Individual Investors (RIIs): 90.56 times subscription.
Grey Market Premium (GMP) and Other Listing Expectation Denta Water IPO was observed to have per share premium of rupees 120 on January 27.Denta was therefore expected to open at 414 INR and offer significant returns at 40.82% square of 294.
Denta Water IPO Listing date Denta Water IPO stock shares will be publicly tradeable and available on BSE and NSE starting on wednesday January 29.
Were the grey market trends to follow suit, the shares are predicted to make their debut at ₹414 which offers a potential listing gain of 40%.