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Laxmi Dental Limited IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.428.00
Issue Size:
Rs.698.06 Cr
Lot Size:
33 shares
Open Date:
January 13
Laxmi Dental Limited IPO Overview
Bidding Dates
January 13 - January 15
Min Investment
₹14,124
Price Range
₹428.00
Issue Size
₹698.06 Cr
IPO DRHP Doc
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.
IPO Timeline
Opens
Jan 13
Closes
Jan 15
Allotment
Jan 16
Refunds
Jan 17
Shares Credit
Jan 17
Listing
Jan 20
Opens
Jan 13
Closes
Jan 15
Allotment
Jan 16
Refunds
Jan 17
Shares Credit
Jan 17
Listing
Jan 20
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: Jan 15, 2025, 06:21 PM
Current GMP:
Rs.145
Est. Listing:
Rs.573
Est. Gain:
+33.9%
Star Rating:
★★★★★(4/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹134.52 Cr | ₹134.52 Cr | ₹96.54 Cr | ₹102.75 Cr |
| Net Worth | ₹44.57 Cr | ₹44.57 Cr | ₹19.48 Cr | ₹22.94 Cr |
| Profit After Tax | ₹25.23 Cr | ₹25.23 Cr | ₹4.16 Cr | ₹18.68 Cr |
| Revenue | ₹195.26 Cr | ₹195.26 Cr | ₹163.84 Cr | ₹138.07 Cr |
| Total Borrowing | ₹42.03 Cr | ₹42.03 Cr | ₹31.44 Cr | ₹29.63 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- India’s only integrated dental products company leveraging industry growth.
- Second-largest domestic lab and leading exporter with a digital focus.
- A vertically integrated portfolio of diverse branded dental products.
- An extensive dental network offers a significant market advantage.
- Advanced technology and strict compliance ensure high-quality standards.
IPO Details
Laxmi Dental IPO Details
| Face Value | ₹2 per share |
| Fresh Issue | 32,24,299 shares (aggregating up to ₹138.00 Cr) |
| IPO Date | January 13, 2025 to January 15, 2025 |
| Issue Price | ₹428 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | January 20, 2025 |
| Lot Size | 33 Shares |
| Offer for Sale | 1,30,85,467 shares of ₹2 (aggregating up to ₹560.06 Cr) |
| Share Holding Post Issue | 5,49,62,149 shares |
| Share Holding Pre Issue | 5,17,37,850 shares |
| Total Issue Size | 1,63,09,766 shares (aggregating up to ₹698.06 Cr) |
Laxmi Dental IPO Reservation
Share Reservation Distribution
Anchor Investors
7,339,395 shares (45%)
QIB
4,892,931 shares (30%)
bNII (>₹10L)
1,630,976 shares (10%)
Retail
1,630,976 shares (10%)
sNII (<₹10L)
815,488 shares (5%)
Laxmi Dental IPO Promoter Holding
| Share Holding Post Issue | 41.7% |
| Share Holding Pre Issue | 46.56% |
Laxmi Dental IPO Listing Details
| ₹428 per share |
| 544339 |
| INE0WO601020 |
| January 20, 2025 |
| LAXMIDENTL |
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹428.00 | ₹428.00 |
| High | ₹583.70 | ₹584.00 |
| Last Trade | ₹550.65 | ₹550.55 |
| Low | ₹524.80 | ₹525.00 |
| Open | ₹528.00 | ₹542.00 |
Key Dates
Open Date:January 13
Close Date:January 15
Listing Date:January 20
