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

Vasa Denticity Limited IPO (Vasa Denticity IPO) Detail

Vasa Denticity IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Healthcare sector. Hem Securities is the merchant banker of Vasa Denticity IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th April 2023.

Vasa Denticity IPO open date is 23rd May 2023 and close date is 25th May 2023. IPO Allotment Date is 30th May 2023 and Listing date is 2nd June 2023.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Vasa Denticity IPO Date

Date of DRHP:
17th April 2023
IPO Allotment Date:
30th May 2023
IPO Open Date:
23rd May 2023
Initiation of Refund:
31st May 2023
IPO Closing Date:
25th May 2023
IPO Listing Date:
2nd June 2023

Vasa Denticity IPO Info, Size, Subscription

Vasa Denticity IPO size is Rs 54.07 Cr. crores with IPO price of Rs 128.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 54.07 Cr.

Issue Price:
₹ 128.00

Market Capitalisation :
₹ 205.01 Cr.

PE multiple :
30.62

Subscription :
73.14 times

Pre Issue Promoter Holding :
95.00 %

Post Issue Promoter Holding :
69.62%

Vasa Denticity IPO Information

Sub Sector : Distribution of dental products
Vasa Denticity is in the business of marketing and distribution of a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile through their online portal “Dentalkart.com”. The same is operated through their website and mobile application “Dentalkart”. They operate an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. In F.Y. 2021-22, they have delivered over 2 lakhs orders in all the 28 states and 6 Union Territories of India. The Company operates through a centralized distribution hub of 13000 sq. ft located in Gurugram, India. Through their website and mobile application - “Dentalkart.com”, they
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Object of Issue (Vasa Denticity IPO Objectives)

  • To Meet Working Capital Requirements
  • Expenditure to enhance visibility and awareness of the brands
  • General Corporate Purposes
  • To meet Offer Expenses

Hem Securities Limited is the book-running lead manager of the Vasa Denticity IPO. Mas Services Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Vasa Denticity IPO.

Vasa Denticity IPO Market Maker

Hem Finlease Private Limited

Vasa Denticity IPO Registrar (RTA)

Mas Services Limited

Vasa Denticity IPO Lead Manager (BRLM)

Hem Securities Limited

Vasa Denticity IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.

Anchor Investors in Vasa Denticity IPO

No. of Anchor Investors: 5

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Saint Capital Fund 240,000.00 ₹128.00 ₹30,720,000.00
India - Ahead 240,000.00 ₹128.00 ₹30,720,000.00
Maven India Fund 240,000.00 ₹128.00 ₹30,720,000.00
Bengal Finance and 240,000.00 ₹128.00 ₹30,720,000.00
Founders Collective Fund 240,000.00 ₹128.00 ₹30,720,000.00

Vasa Denticity IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Vasa Denticity IPO?

Vasa Denticity IPO, based in New Delhi, operates in the   Healthcare sector with a focus on Distribution of dental products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Vasa Denticity IPO size is ₹ 54.07 Cr. Crores with fresh issue size of Rs 54.07 Cr. Crores and Offer for sale being 54.07..

When is Vasa Denticity IPO allotment?

The IPO allotment date for Vasa Denticity IPO is expected to be 30th May 2023, after the finalization of basis of allotment. Investors can check Vasa Denticity IPO allotment status on the registrars website, Mas Services Limited. Vasa Denticity IPO refund dates are 31st May 2023.

When is Vasa Denticity IPO listing date?

Vasa Denticity IPO is expected to be listed on 2nd June 2023.

What is the price band for Vasa Denticity IPO?

The upper price band for the Vasa Denticity IPO is set at ₹ 128.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Vasa Denticity IPO Review?

For IPO analysis on Vasa Denticity IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Vasa Denticity IPO?

To apply for the Vasa Denticity IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th May 2023. After submission, funds are blocked until the basis of allotment of Vasa Denticity IPO is finalised.

Who is the merchant banker of Vasa Denticity IPO?

The merchant banker for Vasa Denticity IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vasa Denticity IPO RHP for further details.

Who is the Registrar of Vasa Denticity IPO?

The registrar for Vasa Denticity IPO is Mas Services Limited. Investors can go to Mas Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Vasa Denticity IPO through their official website or helpline.

What is the Vasa Denticity IPO subscription?

Vasa Denticity IPO was subscribed 73.14 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 54.07 Cr. Avg IPO Size (Sector Based) : ₹ 26.74 Cr.
  • Sector: Healthcare SME IPO so far: 18
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 47
  • City: New Delhi SME IPO so far: 152
  • Revenue (annualised): ₹ 116.37 cr.
            PAT: (annualised): ₹ 6.68 cr.
  • PE Ratio: 30.62x Average Sector PE Ratio: 19.30x
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FAQs

Vasa Denticity IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vasa Denticity Financial Review Page

Vasa Denticity IPO subscription was 73.14 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.

Vasa Denticity IPO listed at a listing price of 211.00 against the offer price of 128.00.

The current market price of Vasa Denticity is 650.70.

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