Denta Water and Infra Solutions Ltd. has announced public offering of 7500000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 284.00 per share. The gross proceeds of the issue are expected to be Rs 22,050.00 lakhs.
The company's initial public offer (IPO) will open on 22 January 2025 and is expected to close on 24 January 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 279.00-294.00 per share.
The IPO includes a fresh Issue of 7500000 Equity Shares of the Company at an price of Rs 294.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 50 shares with bids in multiples of 50.
Denta Water and Infra Solutions Ltd. anticipates using the proceeds of the issue for .
SMC Capitals Limited as lead manager & Integrated Registry Management Services Pvt. Ltd. is the registrar, to the issue.