09-Jan-2025
2 mins read
 1.jpg)
.jpg)
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 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.
What is an IPO Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.