Laxmi Dental Limited is all set to launch its Initial Public Offering (IPO) from January 13 to January 15, 2025. This IPO aims to raise approximately ₹698 crore, comprising a fresh issue of ₹138 crore and an Offer for Sale (OFS) of 1.31 crore equity shares by the promoters.
Laxmi Dental Limited IPO Details
Price Band: ₹407 to ₹428 per share
Issue Size: Approximately ₹698.06 Cr
Listing At: NSE SME
Listing: Expected on January 20, 2025
Laxmi Dental Limited Lot Size
Minimum Application: 33 Shares
Retail Quota: 10%
QIB Quota: 75%
NII Quota: 15%
Laxmi Dental Limited Financial
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | ₹158.22 Cr | ₹134.52 Cr | ₹96.54 Cr | ₹102.75 Cr |
| Revenue | ₹117.9 Cr | ₹195.26 Cr | ₹163.84 Cr | ₹138.07 Cr |
| Profit After Tax | ₹22.74 Cr | ₹25.23 Cr | ₹-4.16 Cr | ₹-18.68 Cr |
| Net Worth | ₹67.09 Cr | ₹44.57 Cr | ₹19.48 Cr | ₹22.94 Cr |
| Total Borrowing | ₹40.91 Cr | ₹42.03 Cr | ₹31.44 Cr | ₹29.63 Cr |
Key Observations:
Assets: Consistently increasing over the years, showing significant growth in FY 2024.
Revenue: Steady growth over time, with a dip projected for the period ending September 2024.
Profitability: Positive Profit After Tax (PAT) for FY 2024 and FY 2023, following two years of losses.
Net Worth: Strong improvement in FY 2024, reflecting improved financial stability.
Borrowing: Gradual increase, but relatively stable.
Laxmi Dental Limited IPO Promoter Holding
Share Holding Pre Issue :46.56%
Share Holding Post Issue :
Laxmi Dental Limited IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE | 78.78% |
| ROCE | 19.97% |
| Debt/Equity | 0.94 |
| RoNW | 78.78% |
| PAT Margin | 13.03 |
| Price to Book Value | 49.59 |
Laxmi Dental Limited: Company Overview
Laxmi Dental Limited is a leading player in the Indian dental products industry, recognized for its comprehensive range of high-quality dental solutions. Established with a vision to revolutionize dental care, the company has grown to become a trusted name in providing innovative and reliable dental products.
FAQ
What is the Laxmi Dental Limited IPO?
The IPO includes a fresh issue of ₹138 crore and an Offer for Sale (OFS) of 1.31 crore shares by existing promoters.
When is the IPO open for subscription?
The IPO opens on January 13, 2025, and closes on January 15, 2025.
What is the price band for the IPO?
The price band for the Laxmi Dental IPO is set between ₹407 to ₹428 per share.
What is the minimum lot size for investment?
What is the total size of the IPO?
The total IPO size is approximately ₹698 crore.
Where will the shares be listed?
The shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Is there a lock-in period for the shares?
For retail investors, there is no lock-in period for the shares purchased in the IPO. However, promoters and certain key shareholders may have a stipulated lock-in period as per SEBI regulations.