A new and exciting opportunity is coming for stock market investors. Many investors are wondering if Denta Water & Infra IPO is Halal.
| details | values |
|---|---|
| Issue Size | रु 220.50 Cr |
| bidding dates | 22 jan 2025 |
| close date | 24 jan 2025 |
| price range | रु279 -294 |
| min.investment | रु 13950 |
| lot size | 50 |
| Exchange | NSE and BSE |
The company’s target is to raise funds through this IPO and invest in infrastructure expansion and technology enhancement projects.
Denta Water IPO Allotment Status
| IPO activity's | dates |
|---|---|
| allotment date | 27 jan 2025 |
| refunds | 28 jan 2025 |
| credit of shares | 28 jan 2025 |
| IPO listing | 29 jan 2025 |
Details to check whether Denta Water & Infra Solutions IPO allotment received or not
- visit to the integrated registry (click) IPO allotment link
- select the company name
- choose to enter either , PAN number, application number, demat a/c numbers
- It will be visible on the screen whether the share has been allotted or not
Is Denta Water IPO Halal
Denta Water Infra Solutions Limited IPO
It is important to know the company’s business and financial behavior according to Islamic law to determine whether it is Halal or not.
- Business Activities:
Denta Water & Infra Solutions is a fast-growing company that operates in the field of water treatment and infrastructure solutions. The company focuses on the design, installation of water management. This work is generally considered permissible according to Shariah.
- Financial Practices:
For Shariah compliance, it is important to examine the company’s financial aspects such as debt, interest-bearing transactions and revenue sources in detail. In 2023-24, the company had a revenue of ₹241.84 crore and a net profit of ₹59.73 crore. But, details of whether the company uses interest-based debt are not yet available.
Disclaimer
This article is for informational purposes only.
This IPO period is very exciting, but always remember that investing in the stock market also carries risk. Make wise decisions and manage your portfolio in a balanced manner.
Do thorough research and seek expert advice before making investment decisions.