Denta Water and Infra Solutions IPO Listing Price: The IPO of Denta Water and Infra Solutions was listed in the stock market today. The company’s shares were listed at a price of Rs 325 with a premium of 10.54 per cent on NSE, while on BSE, Danta Water shares were listed at a price of Rs 330 with a premium of 12.24 per cent. However, the listing price of the company’s shares did not remain as expected. Let us tell you that the IPO of Danta Water received tremendous response from investors. This IPO received a total subscription of 221.68 times.
Company shares are trading with a gain of 17.84% from the price band
By 11.30 am on Tuesday, Danta Water shares were trading at a price of Rs 346.45 with a gain of Rs 52.45 (17.84%) on BSE. By the time the news was written, the company’s shares had traveled from Intrade High to Rs 325.05 of Rs 346.45. Let us tell you that the company had fixed a price band of Rs 279 to Rs 294 for each share of a face value of Rs 10 under its IPO. Danta Water has raised a total of Rs 220.50 crore from its IPO. For this, the company issued a total of 75,00,000 new shares. There was no OFS of any kind in this IPO.
Opened on January 22 and closed on 24 January Danta Water IPO
The IPO of Denta Water was opened on Wednesday, January 22 and closed on Friday, January 24. It was a mainboard IPO, listed on both major exchanges BSE and NSE of the Indian stock market. The company allotted shares on Monday, 27 January. After which shares were transferred to the demat account of investors on 28 January.
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