Laxmi Dental IPO

LISTED

Laxmi Dental Ltd · Mainboard IPO · NSE · Healthcare

Price Band

₹407 – ₹428

Issue Size

₹698 Cr

Lot Size

35

Listing Gain

+18.46%

About Laxmi Dental Ltd & Business Model

Laxmi Dental Ltd is India's largest manufacturer and exporter of dental products including crowns, bridges, dentures, and orthodontic appliances.

Business Operations & Revenue Model

Laxmi Dental Ltd operates a scalable business model focused on value creation within Healthcare. Revenue is generated through primary product sales, long-term service contracts, B2B distribution networks, and key institutional partnerships. The business leverages automated manufacturing facilities, strict quality control systems, and strategic sourcing to maintain competitive margins and reliable service delivery.

Products & Key Services

1. Core Product & Service Offerings: Comprehensive product lines engineered for Healthcare standards. 2. Customized Solutions: Bespoke product configurations designed to meet specific B2B and institutional client specifications. 3. After-Market & Value-Added Services: Dedicated maintenance, technical support, and supply chain fulfillment services.

Promoters & Corporate Leadership

Laxmi Dental Ltd is led by experienced promoters with extensive industry track records and strategic governance capabilities. The leadership team brings multi-decade experience across operations, commercial strategy, corporate administration, and fiscal management.

Objects of the Issue (IPO Objectives)

The company proposes to utilize ₹138.00 Cr for the following primary objectives: 1. Funding capital expenditure requirements for expanding operational infrastructure and technology upgrades. 2. Meeting working capital requirements to support continuous business expansion. 3. Prepayment or repayment of certain outstanding borrowings to optimize capital structure. 4. General corporate purposes and strategic growth initiatives.

IPO Details & Terms

IPO TypeMAINBOARD · BOOK BUILDING
Price Band₹407 – ₹428
Face Value₹2
Issue Size₹698.00 Cr
Fresh Issue₹138.00 Cr
Offer for Sale₹560.00 Cr
Lot Size35
Min. Investment₹14,980
Max Retail LotsN/A
ExchangeNSE
NSE SymbolLAXMIDENTAL
BSE CodeN/A
ISINN/A
QIB Quota50%
NII Quota15%
Retail Quota35%
RegistrarBigshare Services Pvt Ltd

Strengths & Risks

✅ Strengths

  • Established market presence and strong brand recognition in Healthcare.
  • Integrated operational capabilities with focus on quality assurance and efficiency.
  • Diversified customer base reducing revenue concentration risk.
  • Experienced promoter and management team with strong domain expertise.
  • Scalable operational architecture positioned for future expansion.

⚠️ Risks

  • Fluctuations in key raw material availability and pricing could impact gross operating margins.
  • Dependency on third-party logistics and supply chain partners for timely distribution.
  • Intense market competition from both domestic established players and new entrants in Healthcare.
  • Regulatory changes or macroeconomic shifts affecting industry demand cycles.
  • Working capital intensive business operations requiring consistent cash flow management.

🚀 Opportunities

  • Expansion into high-growth regional and export markets.
  • Introduction of innovative product lines targeting evolving customer preferences in Healthcare.
  • Operational efficiency improvements through increased automation and digital integration.

Frequently Asked Questions

What is Laxmi Dental IPO?

Laxmi Dental IPO is an IPO by Laxmi Dental Ltd (Healthcare sector). The issue price is ₹407 – ₹428 with a lot size of 35 shares.

What is the minimum investment for Laxmi Dental IPO?

The minimum investment for Laxmi Dental IPO is approximately ₹14,980 (1 lot of 35 shares at ₹428 upper price band).

When is the Laxmi Dental IPO allotment?

The allotment date for Laxmi Dental IPO is 16 Jan 2025.

When does Laxmi Dental IPO list?

Laxmi Dental IPO is scheduled to list on 20 Jan 2025.

Key Dates

DRHP DateN/A
RHP DateN/A
Open Date13 Jan 2025
Close Date15 Jan 2025
Allotment16 Jan 2025
RefundN/A
Demat CreditN/A
Listing Date20 Jan 2025

IPO Rating

4.0
Overall Rating out of 5
Business
4.2/5
Financials
3.9/5
Valuation
3.8/5
Growth
4.1/5
Risk
3.5/5

Check Allotment Status

Verify your allotment on the official registrar website. Never share OTP or passwords.

Check on Bigshare Services Pvt Ltd

GMP (Grey Market Premium) is an unofficial, unregulated indicator. It does not guarantee the listing price. All IPO information is for educational purposes only. Verify from official SEBI/NSE/BSE sources.