31 Mar 2022
Assets102.75
Total Income138.07
Profit After Tax-18.68
NET Worth22.94
Total Borrowing29.63
At a glance
Updated 2026-08-24The shares listed at ₹542.00, a 26.64% move from the issue price. Laxmi Dental is a Mainboard IPO with an issue size of ₹698.06 crore, proposed for listing on BSE, NSE. The offer opens on 13th Jan 2025 and closes on 15th Jan 2025. The issue structure includes a fresh issue of ₹138.00 crore and an offer-for-sale component of ₹560.06 crore. The current listing schedule points to 20th Jan 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹698.06 Cr
Fresh issue₹138.00 Cr
Offer for sale₹560.06 Cr
Face value₹2
Price band₹407.00–₹428.00
Allotment16th Jan 2025
Listing20th Jan 2025
Listing performance
Full performance ↗Issue price₹428.00
Listing price₹542.00
Current price—
Listing gain26.64%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹145.00
GMP / upper price33.88%
Est. listing₹573.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens13th Jan 2025
Closes15th Jan 2025
Allotment16th Jan 2025
Refund17th Jan 2025
Demat17th Jan 2025
Listing20th Jan 2025
Subscription demand
Full bidding ↗Total114.14×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 33 | ₹14,124 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company. | ₹22.98 Cr |
| Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings. | ₹4.60 Cr |
| Funding the capital expenditure requirements for purchase of new machinery for the Company | ₹43.51 Cr |
| Investment in the Subsidiary, Bizdent Devices Pvt.Ltd., for the capital expenditure requirements for the purchase of new machinery | ₹25.00 Cr |
| General Corporate Purposes | ₹32.08 Cr |
| Issue Expenses | ₹49.72 Cr |
| Total | ₹177.89 Cr |
Financials
Full financials ↗31 Mar 2023
Assets96.54
Total Income163.84
Profit After Tax-4.16
NET Worth19.48
Total Borrowing31.44
31 Mar 2024
Assets134.52
Total Income195.26
Profit After Tax25.23
NET Worth44.57
Total Borrowing42.03
30 Sep 2024
Assets158.22
Total Income117.90
Profit After Tax22.74
NET Worth67.09
Total Borrowing40.91
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 78.78% |
| ROCE | 19.97% |
| Debt / Equity | 0.94% |
| RoNW | 78.78% |
| PAT Margin | 13.03% |
| Price to Book Value | 49.59 |
Valuation & shareholding
Pre-IPO EPS4.88
Post-IPO EPS8.27
Pre-IPO P/E87.77
Post-IPO P/E51.73
Promoter holding pre46.56%
Promoter holding post41.7%
Market cap₹2352.38 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company. | ₹22.98 Cr |
| Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings. | ₹4.60 Cr |
| Funding the capital expenditure requirements for purchase of new machinery for the Company | ₹43.51 Cr |
| Investment in the Subsidiary, Bizdent Devices Pvt.Ltd., for the capital expenditure requirements for the purchase of new machinery | ₹25.00 Cr |
| General Corporate Purposes | ₹32.08 Cr |
| Issue Expenses | ₹49.72 Cr |
| Total | ₹177.89 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- SBI Capital Markets Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.