243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Laxmi Dental Limited

Mumbai

Date of DRHP : 12 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Laxmi Dental Basic Details

   Healthcare

Sub Sector: Manufacturing of Dental products

About the Company

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 2023. (Source: F&S Report) Laxmi Dental manufacture their dental products across their six manufacturing facilities spread across 146,804.42 square feet.

Financial Summary (Annualised Basis)

Revenue :
195.26 Cr.

PAT :
17.94 Cr.

Laxmi Dental IPO Registrar

Link Intime India Private Limited

Laxmi Dental DRHP Details

Objects 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 our Subsidiary, Bizdent Devices Private Limited, for the capital expenditure requirements for the purchase of new machinery
  • General corporate purposes.

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FAQs

Laxmi Dental operates in Healthcare and Manufacturing of Dental products. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Laxmi Dental is Book Building Process and Object of issue is

  • 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 our Subsidiary, Bizdent Devices Private Limited, for the capital expenditure requirements for the purchase of new machinery
  • General corporate purposes.

The DRHP (Draft Red Herring Prospectus) of Laxmi Dental IPO was filed on 12 Sep 2024.

No, Laxmi Dental IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Laxmi Dental are not available now. You can apply in Laxmi Dental IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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