Laxmi Dental IPO GMP, Open Date, Price Band, Allotment Status

Laxmi Dental IPO open date is January 13, to January 15, 2025. This new IPO is a book-built issue of Rs 698.06 crore. This issue is the combination of fresh issue and offer-for-sale. The fresh issue is of Rs 138 crore and offer-for-sale is of Rs 560.06 crore. 

Laxmi Dental IPO price band is Rs 407 to Rs 428 per share. As of now, Laxmi Dental IPO GMP is 51. Live IPO Grey Market Premium details are visible online.

Laxmi Dental IPO allotment status will be finalised on January 16, 2025. The IPO listing date is January 20, 2025. The shares will be listed on NSE and BSE platform. 

Laxmi Dental IPO lot size is 33 shares. The minimum investment for the retail investors for 1 lot is Rs 14,124. The registrar for the Laxmi Dental IPO is Link Intime India Private Limited.

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Laxmi Dental IPO GMP

The Laxmi Dental IPO GMP is Rs 51. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Laxmi Dental IPO GMP might rise in the coming days.

Laxmi Dental IPO Price Band

Laxmi Dental IPO price band is Rs 407 to Rs 428 per share. The minimum amount of investment for the retail category is around Rs 14,124 and for small NII minimum investment is to be around Rs 2,11,860. The minimum investment for the Big NII is to be around Rs 10,02,804. 

Laxmi Dental IPO Open Date, Close Date

Laxmi Dental IPO open date is Monday, 13 January 2025 and closing date is Wednesday, 15 January 2025. Initiation of refund date is 17 January 2025 and credit of shares will be on 17 January 2025.

Laxmi Dental IPO Allotment Status

Laxmi Dental IPO allotment status will be finalised on January 16, 2025. The listing will be on the BSE and NSE platforms, the date is January 20, 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

Laxmi Dental IPO Listing Date

Laxmi Dental IPO's listing date is finalised on January 20, 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Laxmi Dental IPO: Listing Date, Lot Size, Price Band

Laxmi Dental IPO  Limited: About the Company

Laxmi Dental Limited was incorporated in 2004, 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 etc.

Laxmi Dental Limited 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. They operate a fully integrated model, meaning they handle the entire process from design and manufacturing to distribution of dental products.

Laxmi Dental IPO Objectives

The funds raised from Laxmi Dental IPO will be used for the investment in the certain subsidiary and repayment of the past borrowings availed by the company. Also to fund the capital expenditure needs for purchasing new machinery. The remaining funds will be used for fulfilling the general corporate purposes.

Laxmi Dental IPO: Key Dates, Allotment, Listing Date

Laxmi Dental IPO Subscription Status, IPO Reservation

Laxmi Dental IPO subscription status will be available after the IPO opens on 13 january 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

Laxmi Dental IPO Lot Size Details

Laxmi Dental IPO lot size is 33 shares. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,124 and the maximum is 14 lots, amounting to be around Rs 1,97,736. For small HNI, the minimum lot size is 15, amounting to be around Rs 2,11,860.

Laxmi Dental IPO Promoter Holdings

Laxmi Dental IPO promoters are Rajesh Vrajlal Khakhar, Sameer Kamlesh Merchant and Dharmesh Bhupendra Dattani. The promoters' shareholdings before the IPO were 46.56%; however, after the IPO, shareholdings will decline.

Laxmi Dental Limited Company Financials

Laxmi Dental Limited posted revenue of Rs 195.26 crore and net profit of Rs 25.23 crore for the period ending on 31 Mar 2024. The company’s revenue increased by 19.17% between the FY ending on 31 March 2024 and 31 March 2023. 

Laxmi Dental IPO Registrar

Laxmi Dental IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Laxmi Dental IPO Lead Managers

Laxmi Dental IPO lead managers are Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited.

How to apply to Laxmi Dental IPO

Interested investors can apply to the Laxmi Dental IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Laxmi Dental IPO Review

Laxmi Dental IPO may get a positive response from the general public. The company dental pharma sector. So, investors interested in the dental pharma sector can apply to this IPO. 

This upcoming IPO is expected to get a neutral response on the last bidding date. Moreover, if the IPO gets a positive response then Laxmi Dental IPO GMP will also rise. 

Laxmi Dental IPO FAQ

1. What are the details of the Laxmi Dental IPO?

Laxmi Dental IPO IPO is a book-built issue of Rs 698.06 crore. This issue is the combination of a fresh issue and an offer-for-sale. The fresh issue is of Rs 138 crore and offer-for-sale is of Rs 560.06 crore.

2. When will the Laxmi Dental IPO open and close?

Laxmi Dental IPO open date is Monday, 13 January 2025 and closing date is Wednesday, 15 January 2025. Initiation of refund date is 17 January 2025 and credit of shares will be on 17 January 2025.

3. What is Laxmi Dental IPO GMP?

The Laxmi Dental IPO GMP is Rs 51. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Laxmi Dental IPO GMP might rise in the coming days.

4. What are the details of Laxmi Dental IPO Subscription Status?

Laxmi Dental IPO subscription status will be available after the IPO opens on 13 january 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

Laxmi Dental IPO allotment status will be finalised on January 16, 2025. The listing will be on the BSE and NSE platforms, the date is January 20, 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

6. Who is the registrar and lead managers for Laxmi Dental IPO?

Laxmi Dental IPO registrar is Link Intime India Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?