Laxmi Dental IPO: 10 key points to consider before ₹698 crore offer opening

3 min read | Updated on January 10, 2025, 15:52 IST

SUMMARY

Laxmi Dental IPO: The ₹698.06 crore initial share sale consists of new equity shares worth ₹138 crore and an offer-for-sale of 1.31 crore shares worth ₹506.06 crore.

Laxmi Dental is a leading provider of vertically integrated B2B2C dental aligner solutions.

Laxmi Dental IPO: Dental product company Laxmi Dental's ₹698 crore initial public offer will open on Monday, January 13. The price band has been fixed at ₹407-₹428 per share. The shares will be listed on January 20.

Laxmi Dental IPO: 10 key points to know

Laxmi Dental IPO subscription period: The offer will be open for public subscription from January 13 to January 15.
Anchor investors' bidding: The issue will be open for anchor investors for a day on Friday, January 10.
IPO offer structure: The ₹698.06 crore initial share sale consists of new equity shares worth ₹138 crore and an offer-for-sale of 1.31 crore shares worth ₹506.06 crore.
Laxmi Dental IPO price band: The price range is set at ₹407 to ₹428 per share.
Reservation: The company has reserved 75% of the shares on offer for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs) and 10% for retail investors.
Laxmi Dental IPO lot size: The minimum application size is one lot consisting of 33 shares, requiring an investment of ₹14,124.
Objectives: The money raised will be used to clear the debt of the company and its subsidiaries, purchase new machinery for the company and a subsidiary and general corporate purposes.
Book-running lead manager and registrar: SBI Capital Markets Ltd, Motilal Oswal Investment Advisors Ltd, and Nuvama Wealth Management Ltd are the issue's book-running lead managers, while Link Intime India is the registrar.
Laxmi Dental IPO allotment date: The basis of allotment is expected to be finalised on Thursday, January 16.
Laxmi Dental IPO listing date: Shares of Laxmi Dental will be listed on the NSE and the BSE on Monday, January 20.

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Laxmi Dental is a leading provider of vertically integrated business-to-business-to-consumer (B2B2C) dental aligner solutions. Its offerings include custom-made crowns and bridges, paediatric dental products, branded dental aligners, and advanced digital dentistry solutions.

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Laxmi Dental financials

Particulars	FY22	FY23	FY24	H1FY25
Revenue	₹136.84 cr	₹161.63 cr	₹193.56 cr	₹116.78 cr
Net Profit/(Loss)	₹(18.68) cr	₹(4.16) cr	₹25.23 cr	₹22.74 cr

To learn more about IPO listing, schedule, and upcoming IPOs, visit our page.

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Laxmi Dental IPO: 10 key points to consider before ₹698 crore offer opening

Laxmi Dental IPO: 10 key points to know

Laxmi Dental financials

Laxmi Dental IPO: 10 key points to consider before ₹698 crore offer opening

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