Denta Water and Infra IPO Day 2: Check subscription status, GMP slips today

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Denta Water and Infra IPO Day 2: Check subscription status, GMP slips today - Business Standard

Quick Summary:

Denta Water and Infra IPO: Retail Individual Investors (RIIs) oversubscribed to their portion by 22.

Non Institutional Investors (NIIs) showed the most interest and oversubscribed to their portion by 50.12 times with a bid of 5,63,88,150 shares, followed by Retail Individual Investors (RIIs) oversubscribing to their portion by 22.69 times with a bid of 5,95,66,750 shares, and Qualified Institutional Buyers(QIBs) oversubscribed their portion by 1.7 times, bidding only 25,56,200 shares.

The company has experience in water engineering and EPC services, the company specializes in infrastructure projects, including groundwater recharging through recycled water, addressing growing water solution demands.