IPO Trending
LAXMIDENTLEQ / NSE, BSEListed
Laxmi Dental

Founded on July 8, 2004, Laxmi Dental has grown to become India's only fully integrated dental products company. It offers a wide variety of products, including custom crowns and bridges, clear aligners, thermoforming sheets, aligner accessories, and specialized dental products for children. With over 20 years of experience, the company has expanded its reach globally, exporting to over 95 countries and serving more than 300 cities in India between 2022 and 2024. Laxmi Dental operates six modern manufacturing facilities across Maharashtra and Kerala, covering over 146,000 square feet, as well as additional facilities in Mumbai, Delhi, Bengaluru, and Ahmedabad. Today, it is a trusted partner for over 20,000 dental clinics and professionals. Ranked among India's top dental labs by revenue in 2023, Laxmi Dental continues to lead in innovation and quality, backed by a team of 2,299 employees as of March 31, 2024.

₹407 - ₹428114.42x sub
Listed Price₹542.00
Listing Gain+26.64%

IPO Schedule & Timeline

Bookbuilding IPO
Open13 Jan 2025
Close15 Jan 2025
Allotment16 Jan 2025
Listing20 Jan 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB48,92,930 shares
54.55%
HNI24,46,465 shares
27.27%
Retail16,30,977 shares
18.18%

Minimum Application Lots

Retail1 Lot (33 shares)
₹14,124
sHNI15 Lots (495 shares)
₹2,11,860
bHNI71 Lots (2,343 shares)
₹10,02,804

Company Promoters

Rajesh Vrajlal KhakharSameer Kamlesh MerchantDharmesh Bhupendra Dattani

Company Background

Founded on July 8, 2004, Laxmi Dental has grown to become India's only fully integrated dental products company. It offers a wide variety of products, including custom crowns and bridges, clear aligners, thermoforming sheets, aligner accessories, and specialized dental products for children. With over 20 years of experience, the company has expanded its reac...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-24)₹118 Cr
Growth-14.5%
Revenue Trend (₹ in Crores)
0.074.7149.5224.2Mar-22Mar-23Mar-24Sep-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-241182315841
Mar-241952513542
Mar-23164-49731
Mar-22138-1910330

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-244.3940.73%24.64%051.73
Mar-244.878.78%19.97%87.770
Mar-23-0.77-19.62%-0.33%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
16 Jan 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
20 Jan 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Laxmi Dental. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization16 Jan 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date20 Jan 2025Trading commences on exchange

How to Check Laxmi Dental Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Laxmi Dental from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Laxmi Dental IPO

Complete issue overview for Laxmi Dental (LAXMIDENTL) IPO. The issue features an equity share price band of ₹407 – ₹428 per share with a minimum retail lot size of 33 Shares (minimum application amount of ₹14,124). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions