Denta Water IPO to open on Jan 22, sets price band at Rs 279-294 per share

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Denta Water IPO to open on Jan 22, sets price band at Rs 279-294 per share - Business Standard

Quick Summary:

Water and infrastructure solutions company Denta Water and Infra Solutions Ltd on Friday said it has fixed a price band of Rs 279 to Rs 294 per share for its initial share-sale opening for public subscription on January 22.

The Initial Public Offering (IPO) will conclude on January 24, Denta Water announced.

Proceeds from its fresh issuance to the extent of Rs 150 crore will be utilised for meeting working capital requirements and a portion will be used for general corporate purposes.