
Laxmi Dental IPO Review | Details | Analysis #ipo #newipo #iporeview #upcomingipo #ipolatestnews
Laxmi Dental IPO Review | Details | Analysis #ipo #newipo #iporeview #upcomingipo #ipolatestnews #ipodetails #ipoanalysis #ipoalert #ipodate #ipoprice #ipoupdate #iponews #stockmarket #sharemarket #finance #ytshorts #shorts #youtubeshorts In this video we have discussed about Laxmi Dental IPO Review date Details and financial Analysis 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. Laxmi Dental IPO Details IPO Date January 13, 2025 to January 15, 2025 Listing Date [.] Face Value ₹2 per share Price Band ₹407 to ₹428 per share Lot Size 33 Shares 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 of ₹2 (aggregating up to ₹560.06 Cr) Issue Type Book Built Issue IPO Listing At BSE, NSE Share Holding Pre Issue 5,17,37,850 shares Share Holding Post Issue 5,49,62,149 shares Laxmi Dental IPO Reservation Investor Category Shares Offered QIB Shares Offered Not less than 75% of the Net Issue Retail Shares Offered Not more than 10% of the Offer NII (HNI) Shares Offered Not more than 15% of the Offer Laxmi Dental IPO Timeline (Tentative Schedule) Laxmi Dental IPO opens on January 13, 2025, and closes on January 15, 2025. IPO Open Date Monday, January 13, 2025 IPO Close Date Wednesday, January 15, 2025 Basis of Allotment Thursday, January 16, 2025 Initiation of Refunds Friday, January 17, 2025 Credit of Shares to Demat Friday, January 17, 2025 Listing Date Monday, January 20, 2025 Cut-off time for UPI mandate confirmation 5 PM on January 15, 2025 Laxmi Dental IPO Lot Size Investors can bid for a minimum of 33 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount. Application Lots Shares Amount Retail (Min) 1 33 ₹14,124 Retail (Max) 14 462 ₹1,97,736 S-HNI (Min) 15 495 ₹2,11,860 S-HNI (Max) 70 2,310 ₹9,88,680 B-HNI (Min) 71 2,343 ₹10,02,804 Laxmi Dental IPO Promoter Holding Rajesh Vrajlal Khakhar, Sameer Kamlesh Merchant and Dharmesh Bhupendra Dattani are the promoters of the company.n Share Holding Pre Issue 46.56% Share Holding Post Issue About Laxmi Dental Limited 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. Their product portfolio includes custom crowns and bridges, clear aligners, thermoforming sheets, pediatric dental products, and more. The company offers thermoforming sheets, biocompatible 3D printing resins, and machines for manufacturing clear aligners under the brand name Taglus. The company operate a fully integrated model, meaning they handle the entire process from design and manufacturing to distribution of dental products. As of September 30, 2024, the company has six manufacturing facilities: three in Mira Road, Mumbai, two in Boisar, and one in Kochi, along with five supporting facilities in Mumbai, Delhi, Bengaluru, and Ahmedabad. As of September 30, 2024, the company’s dental network includes over 22,000 clinics and dentists across more than 320 cities nationwide. The company has significant presence in both domestic and international markets, exporting to over 90 countries. As of September 30, 2024, the company had 2,372 employees in various departments. Disclaimer Information provided in this video is for educational purpose only. It may not necessarily be correct and not intended to be taken as financial legal or other type of advice. It has not been prepared with regard to the individual needs objectives or financial situation of any particular person. Please consult your financial advisor before any type of investment. Invest at your own risk. We are not SEBI registered. Information provided in this video is for educational purpose only. It is personal view on particular share and IPO . Do you thorough research before buying or selling any IPO. Buy and Sell at your own risk