|
Issue Open Date
|
22-Jan-25
|
|
Issue Closing Date
|
24-Jan-25
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
279
-
294
|
|
Minimium Application No.
|
50
|
|
Issue Size (Shares)
|
5250000
|
|
Market Lot
|
1
|
|
|
|
Objective
|
1.To meet working capital requirements of our Company; and2.General corporate purposes, subject to the applicable laws
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
1125000
|
570683300
|
507.274044444444
|
Qualified Institutional Buyers
|
1500000
|
355407600
|
236.9384
|
Retail Individual Investors
|
2625000
|
237727200
|
90.5627428571429
|
|
|
|
Business Description
According to the World Bank's Global Economic Prospects report, following a robust rebound in 2021, the global economy is now facing a significant slowdown. This deceleration is attributed to several factors, including the emergence of new COVID-19 variants, a surge in inflation rates, rising debt levels, and increasing income inequality. These challenges pose a threat to the recovery, particularly in emerging and developing economies. Additionally, according to estimates published by the OECD, in the first two decades of the 21st century, emerging markets have witnessed rapid economic development, although at different speeds across different regions. While the economic growth in the OECD member countries has consistently been below the world average, emerging Asian countries have systematically outperformed the economies of other regions.
|
|
Promoter's Holding
|
|
Total Share Capital
|
19200000
|
|
Offered to Public
|
5250000
|
|
Promoter's Holding (Pre-Issue)
|
100
|
|
Promoter's Holding (Post-Issue)
|
71.91
|
|
|
|
|
|
|
|
Address |
#40 3rd Floor Sri Lakshminarayana Mansion South End Road Basavanagudi South Bangalore
Bengaluru,
Karnataka,
560004
Phone : 080-29916509
Email : cs@denta.co.in
Website : www.denta.co.in
|
|
Registrar |
Integrated Registry Management Services Pvt Ltd.
House No. 12-13-829 18/AKimtee Colony Tarnaka Hyderabad
|
|
Listed at |
BSE, NSE
|
|
Lead Manager |
SMC Capitals Ltd
|
|
Promoters |
C Mruthyunjaya Swamy Hema H M Sowbhagyamma Sujith T R
|
|