Search IPOs
Subscription Status · Jan 22 – Jan 24, 2025 · ₹279–294
The Denta Water & Infra Solutions IPO subscription has recorded exceptional investor demand with an overall subscription of 103.07× as of Jan 24, 2025, indicating that investors applied for 103.07 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Jan 24, 2025, 3:24 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
1,500,000 | 199,323,700 |
132.88×
|
|
NII
Non-Institutional Investors
|
1,125,000 | 240,366,150 |
213.66×
|
|
bNII
Bids above ₹10L
|
750,000 | 176,567,100 |
235.42×
|
|
sNII
Bids below ₹10L
|
375,000 | 63,799,050 |
170.13×
|
|
Retail
Retail Individual Investors
|
2,625,000 | 101,438,850 |
38.64×
|
|
Total
|
5,250,000 | 541,128,700 |
103.07×
|
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 1,500,000 | 199,323,700 | 132.88× |
| NII | 1,125,000 | 240,366,150 | 213.66× |
| bNII | 750,000 | 176,567,100 | 235.42× |
| sNII | 375,000 | 63,799,050 | 170.13× |
| Retail | 2,625,000 | 101,438,850 | 38.64× |
| Total | 5,250,000 | 541,128,700 | 103.07× |
As of January 24, 2025, the Denta Water & Infra Solutions IPO has been subscribed 103.07 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Denta Water & Infra Solutions IPO subscription window was open from January 22, 2025 to January 24, 2025. Investors could apply through their demat account or ASBA facility.
The Denta Water & Infra Solutions IPO has a price band of ₹279 to ₹294 per share, with a lot size of 50 shares. Minimum retail investment: ₹13,950 (lower band) or ₹14,700 (upper band).
The QIB category has been subscribed 132.88 times. QIBs were offered 1,500,000 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 38.64 times. Retail was offered 2,625,000 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 213.66×. bNII (>₹10L): 235.42×, sNII (<₹10L): 170.13×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on January 27, 2025. Check via the registrar's website, Integrated Registry Management Services Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Denta Water & Infra Solutions IPO is expected to list on January 29, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 103.07× means investors have bid for 103.07 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 38.64×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for Denta Water & Infra Solutions IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jan 22 to Jan 24, 2025.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Denta Water & Infra Solutions IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Jan 22, 2025Subscription Closes Done
Jan 24, 2025Basis of Allotment Done
Jan 27, 2025Listing on NSE,BSE Done
Jan 29, 2025Lottery-based allotment. Based on retail subscription of 38.64×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
Share Subscription Card
Download a branded image to share on WhatsApp, Twitter, or Telegram
Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.
