Laxmi Dental Limited

Laxmi Dental Limited

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₹14,124(33 Shares)

Minimum Investment

IPO Dates

Jan 13, 2025 – Jan 15, 2025

Price Band

₹407–428 per equity share

Lot Size

33

Listing

Jan 20, 2025

Listing At

BSE, NSE

Jan 13, 2025Open DateCompleted
Jan 15, 2025Close DateCompleted
TBAAllotment DateUpcoming
Jan 20, 2025Listing DateCompleted

Laxmi Dental Limited Live Subscription Details

All IPOs
Retail75.56x
QIB110.38x
NIIs
147.81x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

108.06x

bHNI (> ₹10L)

Bids above ₹10L

167.68x

Overall Subscription

Total Bids Received

114.26x

Laxmi Dental Limited IPO Issue Details

Issue Price
₹407-428 Per Equity Share
Face Value
₹2 Per Equity Share
Fresh Share
32,24,299 shares(aggregating up to ₹138 crore)
Listing At
BSE, NSE
Listing Date
Jan 20, 2025
Registrar
Link Intime India Private Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)133₹14,124
Retail (Max)14462₹1,97,736
sHNI (Min)15495₹2,11,860
sHNI (Max)702,310₹9,88,680
bHNI (Min)712,343₹10,02,804

Reservation Details

15%

NII

24.46L

30%

QIB

48.93L

45%

Anchor

73.39L

Company Information

Laxmi Dental is an India-based full-integrated dental products company providing a wide gamut of customized crowns, clear aligners, thermoforming sheets, and products for pediatric dentistry. Revenues...

Valuations

EPS (Pre-IPO)

4.88

EPS (Post-IPO)

8.27

P/E (Pre-IPO)

87.77

P/E (Post-IPO)

51.73

RoNW

78.78%

PAT Margin

13.03%

P/B Value

49.59

Financial Information (₹ in Crores)

MetricFY 24FY 24FY 23FY 22
Total Assets158.22134.5296.54102.75
Total Revenue117.9195.26163.84138.07
Profit After Tax22.7425.234.1618.68
Net Worth67.0940.9119.4822.94

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
  2. 2Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings.
  3. 3Funding the capital expenditure requirements for the purchase of new machinery for the Company.
  4. 4Investment in our Subsidiary, Bizdent Devices Private Limited, for the capital expenditure requirements for the purchase of new machinery.
  5. 5General corporate purposes.

Laxmi Dental Limited – Promoter(s)

Rajesh Vrajlal Khakhar
Sameer Kamlesh Merchant
Dharmesh Bhupendra Dattani

Contact Details

Corporate Office

Office No. 103, Akruti Arcade, J. P. Road, Opposite A.H. Wadia High School Andheri (West), Mumbai, 400058

+91 226143799

co.sec@laxmidentallimited.com

Visit Website

Laxmi Dental Limited Allotment & Registrar Details

Check Allotment

Link Intime India Private Ltd

+91-22-4918 6270

laxmidental.ipo@linkintime.co.in

Visit Registrar Website

Laxmi Dental Limited IPO Documents

Frequently Asked Questions — Laxmi Dental Limited IPO

The Laxmi Dental Limited IPO price band is set at ₹407.00 to ₹428.00 per equity share.

The lot size for Laxmi Dental Limited IPO is 33 shares per lot. The minimum investment amount is approximately ₹14,124.

The Laxmi Dental Limited IPO opens on Jan 13, 2025 and closes on Jan 15, 2025.

Laxmi Dental Limited IPO is expected to be listed on Jan 20, 2025 on BSE, NSE.

The current GMP for Laxmi Dental Limited IPO is ₹130, suggesting an expected listing price of around ₹537.00. Note: GMP is an unofficial market indicator.

The registrar for Laxmi Dental Limited IPO is Link Intime India Private Ltd. You can contact them at laxmidental.ipo@linkintime.co.in.

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