Denta Water and Infra IPO GMP

Denta Water and Infra IPO GMP:

Denta Water and Infra Limited (NSE: DENTA) is a leading company in the water and sanitation sector in India. The company has a portfolio of projects and operations across the entire water cycle, including water treatment, distribution, waste water treatment, and solid waste management.

Denta Water and Infra is now planning to raise funds through an initial public offering (IPO) and the GMP indicates the expected price of the stock after the IPO.

The company has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for the proposed IPO and the issue size is expected to be around Rs. 1,000 crore.

The GMP for Denta Water and Infra IPO is currently trading at Rs. 25, which means that the stock is expected to list at a price of around Rs. 125 per share.

The GMP for Denta Water and Infra IPO is indicative and may change closer to the IPO date. Investors should note that GMP is not a guarantee of the actual listing price and the stock may list at a different price.

The IPO of Denta Water and Infra is expected to be a good opportunity for investors who are looking for exposure to the water and sanitation sector in India.

The company has a strong track record and a portfolio of diversified projects. The IPO proceeds will be used to fund the company's expansion plans and to reduce its debt.

Investors should do their own due diligence and consult with a financial advisor before making any investment decisions.