Mumbai: Denta Water and Infra Solutions has garnered Rs. 66.15 crores from anchor investors ahead of its initial public offering that opens for public subscription on Wednesday, January 22, 2025. The company informed the bourses that it allocated 22,50,000 equity shares at Rs. 294 per share on Tuesday, January 21, 2025, to anchor investors.
Foreign and Domestic Institutions who participated in the anchor included Abakkus Diversified Alpha Fund-2, Persistent Growth Fund-Varsu India Growth Story Scheme 1, Rajasthan Global Securities Private Limited, Saint Capital Fund, Finavenue Capital Trust- Finavenue Growth Fund, Chhatisgarh Investments Limited, Steptrade Revolution Fund, Mint Focused Growth Fund PCC- Cell 1, Astorne Capital VCC – Arven, Aarth AIF.
out of the total allocation of 22,50,000 Equity Shares, NIL Equity Shares were allocated to domestic mutual funds.
SMC Capitals Limited is the sole book running lead manager and Integrated Registry Management Services Private Ltd is the registrar to the Issue.