Denta Water and Infra IPO Allotment Out: GMP and How to Check Allotment Status Online
The much-anticipated IPO allotment for Denta Water and Infra has been finalized. Investors who applied for this public issue can now check whether they have been allotted shares. Here’s a detailed overview of the allotment process, GMP updates, and steps to check your allotment status.
Grey Market Premium (GMP)
The Grey Market Premium (GMP) for Denta Water and Infra IPO has shown consistent demand among investors. As of January 28, 2025, the GMP is trading at ₹54 per share, reflecting strong interest in the secondary market even before the official listing. This indicates that the shares are expected to list at a premium compared to the issue price.
Denta Water and Infra IPO Details
- IPO Opening Date: January 22, 2025
- IPO Closing Date: January 25, 2025
- Price Band: ₹101 to ₹110 per share
- Issue Size: ₹500 crore
- Listing Date: February 1, 2025
- Minimum Lot Size: 130 shares per lot
The IPO witnessed an overwhelming response, with a subscription of 12.5 times overall, driven by heavy demand from both retail and institutional investors.
Steps to Check Denta Water and Infra IPO Allotment Status Online
You can check the allotment status using either of the following methods:
1. On the Registrar’s Website
The allotment status is available on the website of the IPO registrar, typically KFin Technologies or Link Intime India. Follow these steps:
- Visit the registrar’s official website (e.g., https://kfintech.com or https://linkintime.co.in).
- Select the option for Denta Water and Infra IPO from the dropdown menu.
- Enter your application number, PAN number, or DP/Client ID details.
- Complete the captcha and click on Submit.
- Your allotment status will be displayed on the screen.
2. Through the BSE Website
You can also check the status on the Bombay Stock Exchange (BSE) website. Here’s how:
- Visit https://www.bseindia.com.
- Click on Equity under the “Issue Type” section.
- Select Denta Water and Infra IPO from the list of active IPOs.
- Enter your application number and PAN.
- Click on Search to view your allotment status.
Refunds and Credit of Shares
- Refund Initiation: Refunds for unallotted shares will begin on January 29, 2025.
- Demat Credit: Shares for successful applicants will be credited to their Demat accounts by January 31, 2025.
- Listing Date: The shares are scheduled to list on February 1, 2025, on both the NSE and BSE.