Laxmi Dental Limited IPO
Medical Equipment & Supplies · listed 20 Jan 2025
Follow this IPOuse-of-proceeds reports, on Telegram
- Issue price
- ₹428.00
- band ₹407.00 to ₹428.00
- Issue size
- ₹698.1 cr
- fresh ₹138 cr · OFS ₹560 cr
- Lot
- 33 shares
- ₹14,124 at the top of the band
- Subscription window
- 13 Jan to 15 Jan
- 2025
- Listing
- 20 Jan 2025
- NSE
- Subscribed
- 60.0x
- retail 23.0x
About the Laxmi Dental IPO
Laxmi Dental Limited raised ₹698 crore through a mainboard IPO on NSE and BSE: a fresh issue of ₹138 crore and an offer for sale of ₹560 crore. The fresh issue goes to the company; the offer for sale goes to the shareholders selling.
Bidding ran Mon 13 Jan to Wed 15 Jan, at an issue price of ₹428 a share, in lots of 33 shares. The shares listed on 20 Jan 2025.
The book-running lead managers are Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited. The registrar, which handles allotment, is MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited).
The issue was subscribed 60.02 times overall, with the retail portion at 22.99 times, as the exchange's bid book showed.
newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.
Laxmi Dental IPO: questions answered
When was the Laxmi Dental IPO open, and what were the price band and lot size?
Bidding ran Mon 13 Jan to Wed 15 Jan. The issue price is ₹428 a share. One lot is 33 shares, ₹14,124 at the upper end of the band.
When did the Laxmi Dental IPO list?
The shares listed on 20 Jan 2025 on NSE and BSE.
How do I check the Laxmi Dental IPO allotment status?
Allotment is finalised by the registrar, MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.
The Laxmi Dental IPO allotment status page, with the direct links
Who are the registrar and lead managers of the Laxmi Dental IPO?
The book-running lead managers are Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited. The registrar, which handles applications and allotment, is MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited).
How many times was the Laxmi Dental IPO subscribed?
60.02 times overall, as the exchange's bid book last showed: qualified institutions 67.37 times, non-institutional investors 40.67 times and retail 22.99 times.
Is the Laxmi Dental IPO a fresh issue or an offer for sale?
A fresh issue of ₹138 crore, which goes to the company, and an offer for sale of ₹560 crore, which goes to the shareholders selling (80% of the issue).
What is the Laxmi Dental IPO GMP?
newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.
Where the money went
The monitoring agency's report for the quarter to 30 Jun 2026: each object in the offer document and how much of it had been used by then.
| Object | Proposed, ₹ crore | Used, ₹ crore |
|---|---|---|
| Report (figures not machine-readable) | - | - |
Laxmi Dental IPO: the next step, on Telegram
A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.
Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.