Laxmi Dental

Laxmi Dental Limited - IPO

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Laxmi Dental IPO Details

Open Date
13 Jan 2025
Close Date
15 Jan 2025
Listing Date
20 Jan 2025
Issue Price
₹407 - ₹428
Face Value
₹2 per share
Lot Size
33
GMP
₹145 (33.9%)
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
5,17,37,850
Share holding post issue
0
Total Issue Size
1,63,09,766 shares (aggregating up to ₹698.06 Cr)
Fresh Issue
32,24,299 shares (aggregating up to ₹138.00 Cr)
Offer for Sale
1,30,85,467 shares (aggregating up to ₹560.06 Cr)

Laxmi Dental IPO Subscription

Laxmi Dental IPO Application Wise Breakup (Approx)

Laxmi Dental IPO Dates

  • 13 Jan 2025
    Opening dateOPD
  • 15 Jan 2025
    Closing dateCOD
  • 16 Jan 2025
    Basis of AllotmentBOA
  • 17 Jan 2025
    Initiation of RefundsIOR
  • 17 Jan 2025
    Credit of SharesCOS
  • 20 Jan 2025
    Listing dateLID

Laxmi Dental IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum133₹14,124
Retain Maximum14462₹197,736
SHNI Minimum15495₹211,860
SHNI Maximum702310₹988,680
BHNI Minimum712343₹1,002,804

Laxmi Dental IPO Reservation

Promoter Holding

Pre Issue:46.56%
Post Issue:42.68%
Promoter Names:
Rajesh Vrajlal Khakhar, Sameer Kamlesh Merchant, Dharmesh Bhupendra Dattani

Laxmi Dental IPO Valuations

ROE:78.78%
ROCE:19.97%
DEBT/EQUITY:0.94
RONW:78.78%
PAT MARGIN:13.03
PRICE TO BOOK VALUE:49.59
EPS Pre IPO:4.88
EPS Post IPO:8.27
P/E Pre IPO:87.77
P/E Post IPO:51.73

Laxmi Dental Limited Financial Information

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets158.22134.5296.54102.75
Revenue117.9195.26163.84138.07
Profit After Tax22.7425.23-4.16-18.68
Net Worth67.0944.5719.4822.94
Total Borrowing40.9142.0331.4429.63
Amount in ₹ Crore

About Laxmi Dental IPO

  1. 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.
  2. Their product portfolio includes custom crowns and bridges, clear aligners, thermoforming sheets, pediatric dental products, and more.
  3. The company offers thermoforming sheets, biocompatible 3D printing resin...

Strength Of Laxmi Dental IPO

  • 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 providing us with competitive advantage in the market.
  • 5. Robust technologically advanced capabilities with stringent regulatory compliance ensuring high quality standard...
  • Risk Of Laxmi Dental IPO

  • 1. The Company has reported consolidated loss after tax, negative earning per share for Fiscals 2023 and 2022, and written off Assets in last three Fiscals and its cannot assure that the company will not experience such events in the future.
  • 2. Its Statutory Auditors have included an emphasis of matter in their auditor's report on its audited
  • financial statements as at and for the Financial Year ended 2024 and 2023.
  • 3. Its business success depends on expanding the company Dental Network, rec...
  • Objectives Laxmi Dental IPO

    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.

    Company Contact Details

    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/

    Registrar Contact Details

    Name: Link Intime India Private Ltd
    Phone: +91-22-49186200

    Lead Mangers

    1. SBI Capital Markets Limited

    2. Motilal Oswal Investment Advisors Limited

    3. Nuvama Wealth Management Limited

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