58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Laxmi Dental Limited IPO (Laxmi Dental IPO) Details

Laxmi Dental Limited is an Healthcare based company, located in Mumbai, Laxmi Dental Limited IPO size was 698.06 Cr. and was issued at 428.00 per share. The share of Laxmi Dental Limited were listed at 542.00 per share and are currently trading at 406.30 per share.

Type :
Sub Sector : Integrated Dental Products Company
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
235.80 Cr.

PAT :
45.48 Cr.

Pricing Report

Issue Price :
428.00

Listing Price :
542.00

Current Market Price :
406.30

Issue Price vs CMP :
21.7 (5.07%)

listing Price vs CMP :
135.7 (25.04%)

Performance Report (CAGR* wise)

CAGR : -19.22
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Laxmi Dental

Company Information
Laxmi Dental is India's only end-to-end integrated dental products company as at March 31, 2024, offering a comprehensive portfolio of dental products (Source: F&S Report). Company's offerings include custom-made crowns 248 and bridges, branded dental products such as clear aligners, thermoforming sheets and aligner related products as a part of aligner solutions, and paediatric dental products. Laxmi Dental have a brand presence of more than 20 years and according to the F&S Report, Laxmi Dental is amongst the top two largest dental laboratories in India based on revenue for the Fiscal 2023. Laxmi Dental is a vertically integrated dental aligner company, and the largest and most profitable indigenous B2B2C dental aligner company in terms of revenue from operations and PAT Margin respectively for the Fiscal
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Object of Issue
  • Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company
  • Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings
  • Funding the capital expenditure requirements for purchase of new machinery for the Company
  • Investment in their Subsidiary, Bizdent Devices Private Limited, for the capital expenditure requirements for the purchase of new machinery
  • General corporate purposes

Laxmi Dental MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jan, 2025
IPO Size :
698.06 Cr.
Market Cap :
2352.38 Cr.   
IPO Subscription :
114.14 X     
PE Multiple :
51.73
Merchant Banker :
Motilal Oswal Investment Advisors Limited
IPO Registrar:
Link Intime India Private Limited
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Peer Companies Of This Sector

FAQs

Laxmi Dental operates in Healthcare and Integrated Dental Products Company. The Issue is listed on BSE,NSE in Jan, 2025. Laxmi Dental IPO size was 698.06 Cr. with Issue price of 428.00 .

Merchant Banker(s) of Laxmi Dental IPO: Motilal Oswal Investment Advisors Limited , Nuvama Wealth Management Limited , SBI Capital Markets Limited

Laxmi Dental IPO subscription was 114.14 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Laxmi Dental IPO listed at a listing price of 542.00 against the offer price of 428.00.

The current market price of Laxmi Dental is 406.30.

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