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Denta Water & Infra Solutions IPO Subscription Status

Denta Water & Infra Solutions IPO was subscribed 221.54 times when bidding closed on 24 Jan 2025: QIB 236.94x, NII 507.07x, Retail 90.38x.

The Denta Water & Infra Solutions IPO has been subscribed 221.54x times overall. Retail investors have shown interest with bids for 90.38x the shares available. The Non-Institutional Investor (NII) category has been subscribed 507.07x. Within NII, Big HNI (B-HNI) subscribed 556.49x and Small HNI (S-HNI) subscribed 408.23x. Qualified Institutional Buyers (QIBs) have subscribed 236.94x. Data last updated on 10 Nov, 01:05 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 22 Jan, 2025 and closes on 24 Jan, 2025. The shares are expected to list on stock exchanges on 29 Jan, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 01:05 AM
Category Bid details Times
QIB - of - - 236.94x
NII - of - - 507.07x
bHNI — bid amount above ₹10 Lakh
- - 556.49
sHNI — bid amount ₹2–10 Lakh
- - 408.23
Retail - of - - 90.38x
TOTAL - 38,68,981 applications - 221.54x
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Denta Water & Infra Solutions IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹294.

Applications
38,68,981
Allottees
54,268
Overall odds
1 out of 71
Amount collected
₹34,046 Cr
Category Apps Got Odds
TOTAL 154.40x subscribed 38,68,981 54,268 1 out of 71

Denta Water & Infra Solutions IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 90
~1.1% chance per PAN — based on 90.38x subscription. Winners get exactly 1 lot (₹14,700) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 408
~0.2% chance — based on 408.23x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 556
~0.2% chance — based on 556.49x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
236.94x
Proportionate allotment — at 236.94x, institutions receive ~0.4% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 91 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 236.94x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
24 Jan 2025
Day 3
221.54x ▼
QIB236.94x BHNI556.49x SHNI408.23x Retail90.38x
23 Jan 2025
Day 2
50.63x ▼
QIB4.75x BHNI124.72x SHNI135.79x Retail43.51x
22 Jan 2025
Day 1
17.07x ▼
QIB1.67x BHNI33.29x SHNI42.11x Retail17.67x

Denta Water & Infra Solutions IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 22 Jan 2025
  2. Close 24 Jan 2025
  3. Allotment 27 Jan 2025
  4. Refund/credit 28 Jan 2025
  5. Listing 29 Jan 2025

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
ABAKKUS DIVERSIFIED ALPHA FUND-2 ₹10.00 Cr 15.12%
PERSISTENT GROWTH FUND-VARSU INDIA GROWTH STORY SCHEME 1 ₹9.50 Cr 14.36%
RAJASTHAN GLOBAL SECURITIES PVT.LTD. ₹9.50 Cr 14.36%
SAINT CAPITAL FUND ₹5.64 Cr 8.53%
FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND ₹5.50 Cr 8.32%
CHHATTISGARH INVESTMENTS LTD. ₹5.50 Cr 8.32%
STEPTRADE REVOLUTION FUND ₹5.50 Cr 8.32%
MINT FOCUSED GROWTH FUND PCC-CELL 1 ₹5.00 Cr 7.56%
ASTORNE CAPITAL VCC-ARVEN ₹5.00 Cr 7.56%
AARTH AIF ₹5.00 Cr 7.56%
TOTAL ₹66.14 Cr 100.01%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Denta Water & Infra Solutions IPO?

As of IPO close date (24 Jan, 2025), the Denta Water & Infra Solutions IPO is subscribed 221.54x times. Retail category is 90.38x, and NII is 507.07x subscribed.

When is the allotment date for Denta Water & Infra Solutions IPO?

The allotment for Denta Water & Infra Solutions IPO is expected to be finalized on 27 January, 2025.

What is the GMP of Denta Water & Infra Solutions?

The Grey Market Premium (GMP) for Denta Water & Infra Solutions is currently ₹75, indicating a potential listing gain of 26%.

When will Denta Water & Infra Solutions IPO list on the stock market?

Denta Water & Infra Solutions is scheduled to list on BSE and NSE on 29 January, 2025.

What are the chances of getting allotment in Denta Water & Infra Solutions IPO?

The retail category is oversubscribed at 90.38x, meaning allotment is by lottery. Statistically, approximately 1 in 91 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 236.94x mean for Denta Water & Infra Solutions IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 236.94x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Denta Water & Infra Solutions IPO allotment status?

After the allotment date (27 Jan, 2025), you can check your Denta Water & Infra Solutions IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
221.54x
QIB
236.94x
NII
507.07x
bHNI
556.49x
sHNI
408.23x
Retail
90.38x
Full IPO details
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