Laxmi Dental Limited

Price
₹407 - ₹428
Lot
33
Subs.
N/A
Expected Listing Earning

Exp. Premium(GMP):
149.80(35.00%)
IPO Details

Open Date: 13-Jan-2025
Close Date: 15-Jan-2025
Allotment Date: 16-Jan-2025
Listing Date: 20-Jan-2025
Listing Price: N/A
Face Value: ₹₹2 Per Equity Share Per Equity Share
Issue Price: ₹₹407-428 per equity share Per Equity Share
Issue Size: Total ₹698.06 Cr : #Fresh Issue : 33,82,352 shares(aggregating up to ₹138.00 Cr) + #OFS : 1,30,85,467 shares of ₹2(aggregating up to ₹560.06 Cr)
Market Lot (Min Amount): 33 Shares (₹14,124/-)
Valuations

Earning Per Share(EPS)₹13.96/-
P/E RatioN/A
RoNW105.31%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,2024134.5296.54102.75
31 Mar,2023195.26163.84-4.16
31 Mar,2022102.75138.07-18.68
Promoter(s)

Pre Issue Share Holding46.56%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Rajesh Vrajlal Khakhar
2. Sameer Kamlesh Merchant
3. Dharmesh Bhupendra Dattani
Issue Objective(s)

  1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
  2. Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings.
  3. Funding the capital expenditure requirements for the purchase of new machinery for the Company.
  4. Investment in our Subsidiary, Bizdent Devices Private Limited, for the capital expenditure requirements for the purchase of new machinery.
  5. General corporate purposes.
About Company

Laxmi Dental is an India-based full-integrated dental products company providing a wide gamut of customized crowns, clear aligners, thermoforming sheets, and products for pediatric dentistry. Revenues in FY 2023 ranked the firm as one of the two biggest dental laboratories in India. In addition to Indian customers, exports are made to more than 95 countries worldwide, and 300 cities of India are covered for distribution.

Laxmi Dental has built a network of 20,000+ dental clinics, companies, and dentists with more than 20 years of market presence. Its six manufacturing units cover 146,804.42 sq. ft. and are located at Maharashtra and Kerala, while another five are set up in metros. As on March 31, 2024, 2,299 full-time professionals work for the company to enhance its pursuit of innovative and quality dentistry.



 

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