Denta Water And Infra IPO – Review
Denta Water And Infra Solutions Limited – a growing water and infrastructure solutions company in India is planning to raise INR 220.50 Crore via IPO.
[Fresh Issue 220.50 Crore + OFS NIL]
Denta water and infra ipo price is INR 279 – 294 per share
Denta water and infra: History
The company was incorporated on November 17, 2016, as Denta Properties and Infrastructure Private Limited in Bangalore (Karnataka) as a private limited company under the Companies Act 2013.
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Denta water and infra: Business
Denta Water and Infra is a water and infrastructure solutions company engaged in the design, installation, and commissioning of water management infrastructure projects with expertise in groundwater recharge projects.
The Company (commonly known as Denta Water) over the years has emerged as one of the strong players in the field of water engineering, procurement, and construction (EPC) services.
In addition, the company also undertakes construction projects in the field of –
- Railways,
- Highways
Denta Water is one of the few companies in the country with experience and expertise in the design, installation, commissioning, operations, and maintenance of groundwater recharging using recycled water.
With a meritorious track record in infrastructure project installations (including groundwater recharging through recycled water), Denta Water and Infra have been contributors to addressing the rising demand for water-related solutions in India.
The Company awarded contracts through a competitive bidding process undertaken by the Central and State Governments. It also undertakes contracts as sub-contractors from various private parties.
Denta Water: Core Services
The Company’s core services encompass –
- Water Infrastructure Management: Implementing comprehensive solutions for water infrastructure management in various settings.
- Groundwater Recharging: Developing innovative strategies to recharge aquifers, ensuring long-term water sustainability.
As of November 30, 2024, Denta Water has executed 32 water management infrastructure projects, where the company has undertaken –
- 11 projects as the main contractor,
- 1 project has been undertaken under a consortium (joint venture arrangement), and
- 20 projects have been undertaken under a sub-contract arrangement with the main contractor.
Land & Resort
The company owns 98 acres of land in Madikeri (Karnataka) producing cardamom, coffee, and pepper.
It also owns a beach resort in Udupi, generating revenue through a facility management agreement.
Competitive Strengths
- Expertise in water management projects (special focus on groundwater recharging)
- In-house ability in designing and engineering water management infra projects
- Solid Management Team
- Robust order book
- Proven track record for timely execution of projects
- Sound Business Model
Strategies Ahead
- Leverage core capabilities in the execution of water management projects
- Expanding the geographical presence of operations
- Pursue other segments within the infrastructure development space
- Venture into different geographies for the reuse of discharge water
Company Promoters
- Sowbhagyamma,
- Sujith T R,
- C Mruthyunjaya Swamy,
- Hema H M
IPO Details
Denta Water and Infra ipo date = 22 Jan to 24 Jan 2025
Minimum Amount = INR 14,700
Face Value (FV) = INR 10
Minimum Bid = 50 Shares
Listing On = NSE, BSE
Book Running Lead Managers
Smc Capitals Limited
FINANCIALS
CONCLUSION
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