Denta Water IPO Fully Subscribed in Minutes

Denta Water IPO Fully Subscribed in Minutes

Denta Water and Infra Solutions’s Initial Public Offering (IPO) was fully subscribed within minutes of opening. The IPO, priced at ₹279-₹294 per share, will raise ₹220.5 crore through a fresh issue of 75 lakh shares. Proceeds of ₹150 crore will fund working capital needs. Retail and non-institutional investor categories were subscribed 2.38x and 2.6x, respectively.

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