Denta Water IPO Allotment: Awaiting Finalization, Registrar Website Down

Rahul Kaushik
3 Min Read
Denta Water IPO Allotmen
Telegram Group Join Now
WhatsApp Group Join Now

The highly anticipated Denta Water IPO allotment is yet to be finalized, leaving investors in a state of suspense. The official registrar for the IPO, Integrated Registry Management Services, is currently experiencing technical difficulties with its website, further adding to the uncertainty.

Checking Allotment Status on NSE and BSE:

While investors await the official announcement from the registrar, they can explore alternative avenues to check their allotment status:

- Advertisement -
- Advertisement -
  • National Stock Exchange (NSE):
    1. Visit the NSE IPO Allotment Status page.
    2. Select “Denta Water IPO” from the dropdown menu.
    3. Enter your Application Number and PAN.
    4. Verify the captcha and click “Search.”
  • Bombay Stock Exchange (BSE):
    1. Navigate to the BSE IPO Allotment Status page.
    2. Select “Denta Water IPO” from the available options.
    3. Enter your Application Number or PAN.
    4. Click “Search” to view your allotment status.

IPO Overview:

The Denta Water IPO, which concluded on January 24, 2025, witnessed an overwhelming response from investors, with a subscription rate of 221.54 times. This strong demand indicates significant investor confidence in the company’s growth prospects.

  • Key Highlights:
    • Issue Size: ₹220.50 crore (entirely a fresh issue)
    • Price Band: ₹279 – ₹294 per share
    • Lot Size: 50 shares
    • Listing Date: Expected on January 29, 2025, on both NSE and BSE

Understanding the Allotment Process:

The allotment process involves determining which investors will receive shares and in what quantity based on the number of shares applied for and the overall demand for the IPO.

- Advertisement -

Factors Influencing Allotment:

  • Demand: High demand typically leads to a higher chance of partial or full allotment, but at a lower rate than the issue price.
  • Application Category: Retail investors, qualified institutional buyers (QIBs), and non-institutional investors (NIIs) have different reservation quotas, which can influence allotment.
  • Basis of Allotment: The registrar determines the basis of allotment, which could be a combination of factors like price, time of application, and demand.
  • What Happens After Allotment:
  • Successful Allotment: If allotted shares, the amount will be debited from your bank account, and the shares will be credited to your demat account.
  • Unsuccessful Allotment: If not allotted shares, the application amount will be refunded to your bank account.

Important Note:

It is crucial to exercise caution and avoid falling prey to fraudulent activities related to IPO allotments. Always verify information from official sources like the stock exchanges, the registrar’s website, or your broker.

Disclaimer:

This article is for informational purposes only and should not be construed as financial advice. Investing in the stock market involves risks, 1 and investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.

Telegram Group Join Now
WhatsApp Group Join Now
Share This Article
Follow:
I'm Rahul Kaushik, news writer at GrowJust India. I love to write National, International and Business news.
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *