Laxmi Dental Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 13-01-2025 | 15-01-2025 | ₹2 per share | 0 | 33 Shares | BSE, NSE | 1,63,09,766 shares (aggregating up to ₹698.06 Cr) | 2025-01-16 00:00:00 | 2025-01-17 00:00:00 | 2025-01-17 00:00:00 | 20-01-2025 |
About The Company
Laxmi Dental IPO is a book built issue of Rs 698.06 crores. The issue is a combination of fresh issue of 0.32 crore shares aggregating to Rs 138.00 crores and offer for sale of 1.31 crore shares aggregating to Rs 560.06 crores.
Laxmi Dental IPO opens for subscription on January 13, 2025 and closes on January 15, 2025. The allotment for the Laxmi Dental IPO is expected to be finalized on Thursday, January 16, 2025. Laxmi Dental IPO will list on BSE, NSE with tentative listing date fixed as Monday, January 20, 2025.
Laxmi Dental IPO price band is set at ₹407 to ₹428 per share. The minimum lot size for an application is 33. The minimum amount of investment required by retail investors is ₹14,124. The minimum lot size investment for sNII is 15 lots (495 shares), amounting to ₹2,11,860, and for bNII, it is 71 lots (2,343 shares), amounting to ₹10,02,804.
Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited are the book running lead managers of the Laxmi Dental IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Laxmi Dental IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 103 | 138 | -19 | 22.94 | 0 | 29.63 |
| 31-03-2023 | 97 | 164 | -4 | 19.48 | 0 | 31.44 |
| 31-03-2024 | 135 | 195 | 25 | 44.57 | 0 | 42.03 |
| 30-09-2024 | 158 | 118 | 23 | 67.09 | 0 | 40.91 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 33 | 14124 |
| Retail (Max) | 14 | 462 | 197736 |
| S-HNI (Min) | 15 | 495 | 211860 |
| S-HNI (Max) | 70 | 2310 | 988860 |
| B-HNI (Min) | 71 | 2343 | 1002804 |
IPO Listing Details
| Listing Date | 20-01-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Rajesh Vrajlal Khakhar, Sameer Kamlesh Merchant and Dharmesh Bhupendra Dattani are the promoters of the company.n
Contact Information of the Company
Laxmi Dental Limited
Office No. 103, Akruti Arcade,
J. P. Road, Opposite A.H. Wadia High School
Andheri (West), Mumbai, 400058
Phone: +91 226143799
Email: co.sec@laxmidentallimited.com
Website: https://www.laxmidentallimited.com/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: laxmidental.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Manager
Nuvama Wealth Management Limited (Past IPO Performance) Motilal Oswal Investment Advisors Limited (Past IPO Performance) SBI Capital Markets Limited (Past IPO Performance)