Laxmi Dental Limited IPO Details – Price, Date, GMP & Analysis
Laxmi Dental Limited IPO Overview
Key IPO Details
Investment Summary
The Laxmi Dental Limited IPO IPO is a mainboard offering scheduled to open on January 13. The issue is priced at ₹428 per share, with a minimum application of 33 shares.
Status: Listed and trading
How to Apply for Laxmi Dental Limited IPO
To apply for the Laxmi Dental Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Laxmi Dental Limited IPO
- Enter bid quantity (minimum 33 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before January 15
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,124(approx. based on lower price band)
Company Overview
Laxmi Dental Limited, incorporated in July 2004, is an integrated dental products company offering a range of products including custom crowns, clear aligners, and pediatric dental items. The company operates a fully integrated model, managing the entire process from design to distribution. It has six manufacturing facilities and a dental network of over 22,000 clinics across 320 cities, with exports to over 90 countries and a workforce of 2,372 employees.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Mon, Jan 13, 2025
CompletedClose Date
Wed, Jan 15, 2025
CompletedAllotment
Thu, Jan 16, 2025
CompletedRefund Process
Fri, Jan 17, 2025
CompletedCredit to Demat
Fri, Jan 17, 2025
CompletedListing Date
Mon, Jan 20, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 110.38x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 147.69x | Oversubscribed |
| RII (Retail Individual Investors) | 75.10x | Oversubscribed |
| Total Subscription | 114.14x | Oversubscribed |
Last updated: Invalid Date
IPO Details
Laxmi Dental IPO Details
| IPO Date | January 13, 2025 to January 15, 2025 |
| Listing Date | January 20, 2025 |
| Face Value | ₹2 per share |
| Issue Price | ₹428 per share |
| Lot Size | 33 Shares |
| Total Issue Size | 1,63,09,766 shares (aggregating up to ₹698.06 Cr) |
| Fresh Issue | 32,24,299 shares (aggregating up to ₹138.00 Cr) |
| Offer for Sale | 1,30,85,467 shares of ₹2 (aggregating up to ₹560.06 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 5,17,37,850 shares |
| Share Holding Post Issue | 5,49,62,149 shares |
Laxmi Dental IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 73,39,395 (45%) | NA |
| QIB Shares Offered | 48,92,931 (30%) | NA |
| bNII > ₹10L | 16,30,976 (10%) | 3,294 |
| sNII < ₹10L | 8,15,488 (5%) | 1,647 |
| Retail Shares Offered | 16,30,976 (10%) | 49,423 |
Laxmi Dental IPO Timeline (Tentative Schedule)
| IPO Open Date | Mon, Jan 13, 2025 |
| IPO Close Date | Wed, Jan 15, 2025 |
| Tentative Allotment | Thu, Jan 16, 2025 |
| Initiation of Refunds | Fri, Jan 17, 2025 |
| Credit of Shares to Demat | Fri, Jan 17, 2025 |
| Tentative Listing Date | Mon, Jan 20, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 15, 2025 |
Laxmi Dental IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 33 | ₹14,124 |
| Retail (Max) | 14 | 462 | ₹1,97,736 |
| S-HNI (Min) | 15 | 495 | ₹2,11,860 |
| S-HNI (Max) | 70 | 2,310 | ₹9,88,680 |
| B-HNI (Min) | 71 | 2,343 | ₹10,02,804 |
Laxmi Dental IPO Promoter Holding
| Share Holding Pre Issue | 46.56% |
| Share Holding Post Issue | 41.7% |
Laxmi Dental IPO Listing Details
| January 20, 2025 |
| 544339 |
| LAXMIDENTL |
| INE0WO601020 |
| ₹428 per share |
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹428.00 | ₹428.00 |
| Open | ₹528.00 | ₹542.00 |
| Low | ₹524.80 | ₹525.00 |
| High | ₹583.70 | ₹584.00 |
| Last Trade | ₹550.65 | ₹550.55 |
Financial Information
Company FinancialsLaxmi Dental Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 158.22 | 134.52 | 96.54 | 102.75 |
| Revenue | 117.9 | 195.26 | 163.84 | 138.07 |
| Profit After Tax | 22.74 | 25.23 | -4.16 | -18.68 |
| Net Worth | 67.09 | 44.57 | 19.48 | 22.94 |
| Total Borrowing | 40.91 | 42.03 | 31.44 | 29.63 |
Key Dates
Laxmi Dental Limited IPO IPO Review & Analysis
Should I Apply for Laxmi Dental Limited IPO?
The Laxmi Dental Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹698.06 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Laxmi Dental Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Laxmi Dental Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.