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Denta Water IPO Day 3 Live Updates: Check GMP, subscription, allotment status, and other details

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Denta Water IPO Day 3 Live Updates: Check GMP, subscription, allotment status, and other details

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Denta Water IPO GMP Subscription Live Updates: It is the last day to subscribe to the IPO of Denta Water. It was opened for subscription on January 22. Denta Water aims to raise a sum of Rs 220.50 crore by selling 75 lakh fresh shares. The IPO has been subscribed to a total of 51 times as of day 02. 

The retail portion was booked 43.94 times during the same time. The NII investors dominated the issue with 128.68 times subscription. The allotment of shares is expected to be finalised on January 27. The company raised Rs 66.15 crore from the anchor investors by selling them 22.5 lakh shares.

Live UpdatesDenta Water and Infra IPO Day 3 Live Updates: Check day 03 subscription status 10:25 (IST) 24 Jan 2025 Denta Water IPO Day 3 Live Updates: GMP update

Denta Water was fetching a premium of almost 47% in the grey market. This indicated that the stock might list around a price of Rs 431. The grey market is an unofficial place to trade shares ahead of listing. Market participants keep a watch on GMP to track listing gains.

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