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Home > IPO > Laxmi Dental Limited
Laxmi Dental Limited
Minimum Investment
₹ 14124

Issue Price
₹407- ₹428
Lot Size
33
Listing Price
₹542
Listing Gains
27
Issue Closed
15 Jan 2025
IPO Doc
 Download
Refund Initiation
17 Jan 2025
Listing Date
20 Jan 2025

Application Details

The Laxmi Dental IPO will open for subscription from January 13, 2025, to January 15, 2025. This book-built issue IPO has a face value of ₹2 per share, with a price band set between ₹407 and ₹428 per share. Investors can apply in lots of 33 shares, with a minimum investment of ₹14,124 for retail applicants, while the maximum allocation for retail investors is 14 lots or 462 shares, amounting to ₹1,97,736. The total issue size comprises 1,63,09,766 shares, aggregating up to ₹698.06 crore, which includes a fresh issue of 32,24,299 shares (₹138.00 crore) and an offer for sale of 1,30,85,467 shares (₹560.06 crore).

In terms of reservation, up to 75% of the net offer is allocated for Qualified Institutional Buyers (QIBs), a minimum of 15% for Non-Institutional Investors (NIIs), and at least 10% for retail investors. Key dates include the basis of allotment on January 16, 2025, initiation of refunds and credit of shares to demat accounts on January 17, 2025, and the IPO listing on January 20, 2025.

About Laxmi Dental Limited

Company Overview

Incorporated in July 2004, Laxmi Dental Limited is an integrated dental products company offering a wide range of dental solutions. The company’s diverse portfolio includes custom crowns and bridges, branded dental items like clear aligners and thermoforming sheets, aligner-related products, and pediatric dental products.

Product Portfolio

Laxmi Dental Limited’s offerings span multiple categories, including:

  • Custom crowns and bridges
  • Clear aligners and aligner-related solutions
  • Thermoforming sheets
  • Pediatric dental products

Under its brand Taglus, the company manufactures thermoforming sheets, biocompatible 3D printing resins, and machines used in the production of clear aligners.

FAQ

IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.

The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.

An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.

"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.

Research Analyst Disclaimer

Lakshmishree Investment & Securities Ltd. (hereafter called Lakshmishree) and DRS FINVEST (SEBI registered Research Entity with SEBI Research Analyst No: INH000013217) have entered into an agreement. This disclaimer clarifies that the Analyst is engaged as an independent research analyst. Lakshmishree endorses the services as it receives from independent Research Analyst (DRS FINVEST ) without any modification. Hence, Lakshmishree does not guarantee the Analyst's findings and is not responsible for the accuracy, completeness, or market impact of the Analyst's research.


CIN No U74110MH2005PLC157942     |    Member Ship Details     |    BSE-3281     |    NSE-12817     |    MCX-55910     |    DP:IN-DP-CDSL-490-2008     |    DPID:12059100     |    SEBI Regn. No.: INZ000170330     |    Mutual Fund: ARN-77739
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Lakshmishree Investment & Securities Ltd. was incorporated in 2005. We are a Corporate Member of NSE, BSE, MCX and Depository Participant with CDSL.

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Prevent Unauthorised transactions in your account: Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day issued in the interest of investors Prevent Unauthorized Transactions in your demat account: Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day issued in the interest of investors No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." Dear ALL. We would like to inform that Lakshmishree Investment & Securities Ltd. do Proprietary trading in MCX exchange KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. Dear Client, As per SEBI circular no. SEBI/HO/MRD2_DCAP/CIR/2021/0598 dated July 20, 2021, has put in place a framework for "Segregation and Monitoring of Collateral at Client Level" from 2 May 2022. The said circular inter-alias stipulated that minimum 50% cash equivalent collateral requirement applicable at the end of client level. Vigilance awareness week from Oct 31, 2022 to - Nov 06, 2022 would be observed, to take e-pledge please click on https://pledge.cvc.nic.in

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