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Laxmi Dental Ltd IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹428
Issue Price
₹428
Face ₹2
GMP
+₹0
+0% premium
Est. Listing
₹428
GMP based
Lot Size
33
shares / lot
Min Amount
₹14,124
1 lot · 33 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
13 Jan 2025
Mon Completed
Done
Close Date
15 Jan 2025
Wed Completed
Done
Allotment
16 Jan 2025
Thu Completed
Done
Refund
17 Jan 2025
Fri Completed
Done
Demat Credit
17 Jan 2025
Fri Completed
Done
Listing Date
20 Jan 2025
Mon Completed
UPI Deadline: 15 Jan 2025
Issue Details
Pricing & Size
Issue Price
₹428 Face ₹2
Lot Size
33 shares
Min Investment
₹14,124
Total Issue Size
1,63,09,766 shares (aggregating up to ₹698.06 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
1,22,32,326 (75.00%)
NII / HNI
24,46,464 (15.00%)
Retail
16,30,976 (10.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
5,17,37,850 shares
Post-Issue Shareholding
5,49,62,149 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 33 14,124
HNI / NII 15 495 2,11,860
bHNI / bNII 71 2343 10,02,804
Objects of Issue
5 objectives
1
Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
2
Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings.
3
Funding the capital expenditure requirements for purchasing new machinery for the Company.
4
Investment in our subsidiary, Bizdent Devices Private Limited, is needed for the capital expenditure requirements for the purchase of new machinery.
5
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Nuvama Wealth Management Ltd
Motilal Oswal Investment Advisors Ltd
SBI Capital Markets Ltd
IPO Timeline
Open
13 Jan
✓ Done
Close
15 Jan
✓ Done
Allotment
16 Jan
✓ Done
Listing
20 Jan
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
laxmidental.ipo@linkintime.co.in
Company Contact
Email
co.sec@laxmidentallimited.com
Phone
+91 226143799
Address
Office No. 103, Akruti Arcade, J. P. Road, Opposite A.H. Wadia High School Andheri (West), Mumbai, 400058 Andheri, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹428
Est. Listing
₹428
Lot Size
33 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Laxmi Dental Ltd LIVE
INR ·
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| Price
Market Reference
IPO Issue Price
₹428
GMP
+₹0 (+0%)
GMP Est. Listing
₹428
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1,22,32,326 (75.00%) ₹52,354.36 Cr
NII / HNI (Total) 24,46,464 (15.00%) ₹10,470.87 Cr
Retail Investors 16,30,976 (10.00%) ₹6,980.58 Cr
Total ** 1,63,09,766 (100.00%) ₹698,057.99 Cr
* Based on ₹428.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,22,32,326 (75.00%)
NII
24,46,464 (15.00%)
Retail
16,30,976 (10.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue117.90195.26163.84
PAT22.7425.23-4.16
EBITDA
Net Worth67.0944.5719.48
Total Assets158.22134.5296.54
Reserves
Borrowings40.9142.0331.44
Key Financial Ratios
78.78%
ROE
Return on Equity
19.97%
ROCE
Return on Capital Employed
78.78%
RONW
Return on Net Worth
13.03%
PAT Margin
PAT / Revenue
0.94
D/E Ratio
Debt to Equity
49.59
P/BV
Price to Book Value
4.88
Pre EPS
EPS Pre-Issue
8.27
Post EPS
EPS Post-Issue
87.77
Pre P/E
P/E Pre-Issue
51.73
Post P/E
P/E Post-Issue
About Laxmi Dental Ltd

Incorporated in July 2004, Laxmi Dental Limited is an integrated dental products company. The company offers custom crowns and bridges, branded dental items like clear aligners and thermoforming sheets, aligner-related products as part of its aligner solutions, and pediatric dental products.

Their product portfolio includes custom crowns and bridges, clear aligners, thermoforming sheets, pediatric dental products, and more.

The company offers thermoforming sheets, biocompatible 3D printing resins, and machines for manufacturing clear aligners under the brand name Taglus.

The company operate a fully integrated model, meaning they handle the entire process from design and manufacturing to distribution of dental products.

As of September 30, 2024, the company has six manufacturing facilities: three in Mira Road, Mumbai, two in Boisar, and one in Kochi, along with five supporting facilities in Mumbai, Delhi, Bengaluru, and Ahmedabad.

As of September 30, 2024, the company’s dental network includes over 22,000 clinics and dentists across more than 320 cities nationwide.

The company has significant presence in both domestic and international markets, exporting to over 90 countries.

As of September 30, 2024, the company had 2,372 employees in various departments.

Competitive strengths

  1. The only integrated dental products company in India, well-positioned to capture industry tailwinds;
  2. Second largest player in domestic laboratory business and largest export laboratory with increasing adoption of digital dentistry;
  3. Vertically integrated diverse branded product portfolio;
  4. Large Dental Network provide a competitive advantage in the market;
  5. Robust technologically advanced capabilities with stringent regulatory compliance ensuring high quality standards.
Frequently Asked Questions
What is the issue price of Laxmi Dental Ltd IPO?
The issue price of Laxmi Dental Ltd IPO is ₹428 per share, face value ₹2.
What is the lot size?
Minimum lot size is 33 shares, requiring ₹14,124.
What are the IPO dates?
Opens 13 Jan 2025, closes 15 Jan 2025.
When is the listing date?
Tentative listing: 20 Jan 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹428 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Laxmi Dental Ltd IPO · Expected 16 Jan 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
16 Jan 2025
Refund Initiation
17 Jan 2025
Demat Credit
17 Jan 2025
Listing Date
20 Jan 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹428
Face ₹2
Lot Size
33
shares / lot
Min Amount
₹14,124
1 lot
Est. Listing
₹428
GMP +₹0
Key Dates
Open
13 Jan Done
Close
15 Jan Done
Listing
20 Jan Done
Registrar
MUFG Intime India Pvt.Ltd.
A
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