Company Name | Laxmi Dental Limited |
Open Date | 13-01-2025 |
Close Date | 15-01-2025 |
Exchange | BSE, NSE |
Lot Size | 33 Shares |
Issue Price | ₹407 to ₹428 per share |
Issue Size | 1,63,09,766 shares |
Application Amount | ₹ 14,124 – ₹ 1,97,736 (33 to 462 shares) |
Recommendation | Avoid |
Laxmi Dental Limited was originally incorporated as “Laxmi Dental Export Private Limited” on July 08, 2004. The registered office is located at Mumbai, Maharashtra. The company offers custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets and aligner related products as a part of aligner solutions, and paediatric dental products. The major revenue stream for the company is from sale of laboratory products. The company had 2,372 permanent employees as of Sep 30, 2024.
KPI’s | FY 22 | FY 23 | FY 24 | Sep-24 |
Revenue | 136.84 | 161.63 | 193.56 | 116.78 |
EBITDA | 5.41 | 8.96 | 23.79 | 22.73 |
Net Profit | -18.68 | -4.20 | 25.23 | 22.74 |
RoCE | -6.88% | -5.17% | 17.58% | 12.85%* |
ROE | -81.41% | -21.55% | 56.60% | 19.98%* |
P/E | - | - | 89.17 | 51.73* |
Opening Date | 13/01/2025 |
Closing Date | 15-01-2025 |
Basis of Allotment | 16-01-2025 |
Initiation of Refunds | 17-01-2025 |
Credit of Shares to Demat | 17-01-2025 |
Listing Date | 20-01-2025 |
Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company |
Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings |
Funding the capital expenditure requirements for purchasing new machinery for the Company |
Investment in the subsidiary, Bizdent Devices Private Limited, is needed for the capital expenditure requirements for the purchase of new machinery |
General corporate purposes |
Registered Office | Laxmi Dental Limited Office No. 103, Akruti Arcade, J. P. Road, Opposite A.H. Wadia High School Andheri (West), Mumbai, 400058 |
Phone | +91 226143799 |
co.sec@laxmidentallimited.com | |
Website | https://www.laxmidentallimited.com/ |
Laxmi Dental IPO DRHP |
Laxmi Dental IPO RHP |
Name | Link Intime India Private Limited |
Phone | +91-22-4918 6270 |
laxmidental.ipo@linkintime.co.in | |
Website | https://linkintime.co.in/Initial_Offer/public-issues.html |
QIB Shares Offered | Not less than 75% of the Net Issue |
Retail Shares Offered | Not more than 10% of the Offer |
NII (HNI) Shares Offered | Not more than 15% of the Offer |
Share Holding Pre Issue (Promoters) | 46.56% |
Share Holding Post Issue (Promoters) | 42.68% |