Laxmi Dental IPO will open on January 13, 2025, and close on January 15, 2025. It is a Book Built Issue with an IPO size of ₹698.06 crores, which includes a fresh issue of ₹138 crores and an offer for sale of up to 1,30,85,467 equity shares with a face value of ₹2 each. The price band for the Laxmi Dental IPO is ₹407 to ₹428 per share, with the retail quota set at 10%, QIB at 75%, and HNI at 15%. The IPO will list on BSE and NSE on January 20, 2025. Allotment date is January 16, 2025. The company reported revenue of ₹195.26 crores in 2024, compared to ₹163.84 crores in 2023. It reported a profit of ₹25.23 crores in 2024, a strong recovery from a loss of ₹4.16 crores in 2023. Based on the financials, IPO investors are encouraged to apply for long-term investment.
Laxmi Dental IPO Details
Field
Value
ipo title
Laxmi Dental IPO
status
Listed
gain percentage
26.64%
subscription
114.14x
price
428
gmp
145
est listing
573 (33.88%)
ipo size
₹ 698.06 Cr
Laxmi Dental IPO Dates
Field
Value
lot
33
open
13-Jan
close
15-Jan
boa dt
16-Jan
listing
20-Jan
Laxmi Dental IPO Financial Report
The company reported revenue of ₹195.26 crores in 2024, up from ₹163.84 crores in 2023. It also reported a profit of ₹25.23 crores in 2024, reversing a loss of ₹4.16 crores in 2023.
Financial Year
2022
2023
2024
Sept 2024
Revenue
₹138.07
₹163.84
₹195.26
₹117.99
Expense
₹143.40
₹167.76
₹186.66
₹103.41
Profit
₹18.68
₹4.16
₹25.23
₹22.74
Total Assets
₹102.75
₹96.54
₹134.52
₹158.22
About Laxmi Dental IPO
Incorporated in 1989, Laxmi Dental Limited stands as India's sole company offering a complete range of dental products and services. Their extensive portfolio includes custom-made crowns and bridges, high-quality dental products like clear aligners, thermoforming sheets, as well as pediatric dental items. With more than 20 years of experience, Laxmi Dental is one of the largest and most trusted dental laboratories in the country. The company operates from manufacturing facilities spread over 146,804.42 square feet, where they produce their specialized dental products. As the dental industry in India remains fragmented and often lacks quality, Laxmi Dental aims to set new standards by emphasizing quality, efficiency, and customer experience, reflecting their impressive revenue of ₹1,914.50 million from goods and services sales.
Laxmi Dental IPO is a Mainboard IPO where the company plans to raise ₹698.06 Crores. The issue is priced at ₹407 to ₹428 per equity share and will be listed on BSE & NSE.
When will Laxmi Dental IPO open for subscription?
The IPO will open for subscription on January 13, 2025, and will close on January 15, 2025.
What is the investors’ portion for Laxmi Dental IPO?
The portion for QIB investors is 75%, for NII is 15%, and for Retail is 10%.
How to apply for the Laxmi Dental IPO?
You can apply for Laxmi Dental IPO via ASBA online through your bank account or via UPI through your stock brokers. You can also apply offline by filling out the physical form through your stock brokers.
What is the Laxmi Dental IPO issue size?
The issue size for Laxmi Dental IPO is ₹698.06 crores.
What is the Laxmi Dental IPO price band?
The price band for the IPO is ₹407 to ₹428 per equity share.
What is the Laxmi Dental IPO lot size?
The minimum lot size is 33 shares, amounting to ₹14,124.
What is the Laxmi Dental IPO allotment date?
The allotment date for Laxmi Dental IPO is January 16, 2025.
What is the Laxmi Dental IPO listing date?
The IPO will list on January 20, 2025, on both BSE & NSE.
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