Laxmi Dental Ltd. IPO

Laxmi Dental IPO is a book-built issue worth Rs 698.06 crores, comprising a fresh issue of 0.32 crore shares aggregating to Rs 138.00 crores and an offer for sale of 1.31 crore shares totaling Rs 560.06 crores. The IPO opens for subscription on January 13, 2025, and closes on January 15, 2025, with allotment expected on January 16, 2025. It will list on BSE and NSE, with a tentative listing date of January 20, 2025. The price band is Rs 407 to Rs 428 per share. Retail investors need Rs 14,124 for a minimum lot of 33 shares.

RHP
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DRHP
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Open Date

2025-01-13

Close Date

2025-01-15

Laxmi Dental Ltd. IPO Details

Check out the issue details for Laxmi Dental Ltd. IPO as disclosed in SEBI.

Price Band

₹ 407 - 428

Issue Size

698.06 Cr.

Issue Type

Book Built

Open

2025-01-13

Close

2025-01-15

Listing Date

2025-01-20

Company Financials

You can get the following financial statements of Laxmi Dental Ltd. as of now.

Laxmi Dental IPO Details

The details about the Laxmi Dental IPO are as follows:

  • The issue size of the IPO is 698.06 Cr.
  • The price band for Laxmi Dental IPO is Rs 407 to Rs 428.
  • The shares of Laxmi Dental IPO will list on 20th January 2025.
  • The latest tentative GMP of Laxmi Dental IPO is Rs 140.
  • The shares of Laxmi Dental IPO are subscribed 113.44 Times.

 

Laxmi Dental IPO Valuation

The approx valuation of Laxmi Dental IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 428
Existing Shares (Qty) 5.17 Cr
Fresh Issue 138 Cr
Market Cap 2350.76 Cr
EPS (FY24) Rs 4.80
PE Ratio 89.16x
Industry PE 94.02x

 

Laxmi Dental IPO Issue Size

Laxmi Dental IPO issue size is 698.06 Cr.

Issue Amount
Fresh Issue 138 Cr
Offer For Sale 560.06 Cr

 

Laxmi Dental IPO Market Lot

An individual can apply for a minimum of 1 lot of 33 shares and a maximum of 14 lots of 462 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 33 Rs 14,124
Maximum 14 462 Rs 1,97,736

 

Laxmi Dental IPO Share Offer

The shares of Laxmi Dental IPO are subscribed 113.44 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Minimum 75%
Non-Institutional Maximum 15%
Retail Individual Maximum 10%

 

Laxmi Dental IPO GMP (Grey Market Premium)

As on GMP (Tentative)
15 January 2025 Rs 140

Laxmi Dental IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Laxmi Dental IPO Dates

Find below the dates for Laxmi Dental IPO

Schedule Date
Basis of Allotment 16 January 2025
Refunds 17 January 2025
Credit to Demat Account 17 January 2025
IPO Listing Date 20 January 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Net Sales 112.79 125.77 139.39
Total Expenditure 109.28 119.96 127.76
Operating Profit 3.51 5.81 11.63
Other Income 4.26 8.19 5.29
Interest 2.95 4.04 4.58
Depreciation 6.83 9.4 9.12
Exceptional Items 0 0 0
Profit Before Tax -2.01 0.56 3.22
Provision for Tax 2.38 0 -10.42
Net Profit -4.44 1.42 22.71
Adjusted EPS (Rs.) -0.16 0.02 0.49

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 11.93 11.93 11.93
Total Reserves 35.57 28.15 51.25
Borrowings 10.86 11.3 15.14
Other N/C liabilities 2.61 7.61 -6.31
Current liabilities 44.9 48.69 48.78
Total Liabilities 105.86 107.68 120.79
Assets
Net Block 32.15 34.05 31.65
Capital WIP 0 0 0
Intangible WIP 0 0 0
Investments 16.62 14.03 14.03
Loans & Advances 2.76 1.83 1.47
Other N/C Assets 0.14 1.1 1.07
Current Assets 54.19 56.67 72.58
Total Assets 105.86 107.68 120.79
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Profit from operations -2.01 0.56 3.22
Adjustment 9.06 12.2 22.32
Changes in Assets & Liabilities -10.04 -2.79 -20.3
Tax Paid -1.45 -0.04 -0.19
Operating Cash Flow -4.44 9.93 5.05
Investing Cash Flow 2.74 -5.65 -6.11
Financing Cash Flow 0.82 -0.92 -1.72
Net Cash Flow -0.88 3.35 -2.79
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