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Laxmi Dental Ltd.
Issue Open Date 13-Jan-25  
Issue Closing Date 15-Jan-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 407 - 428  
Minimum Bid Quantity. 33  
Issue Size (Shares) 8970371  
Market Lot 1  
Objective :
1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company.2. Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings.3. Funding the capital expenditure requirements for purchase of new machinery for our Company.*4. Investment in our Subsidiary, Bizdent Devices Private Limited, for the capital expenditure requirements for the purchase of new machinery.*5. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2446464   361965549   147.95  
Qualified Institutional Buyers   4892931   540081366   110.38  
Retail Individual Investors   4892931   540081366   110.38  
Business Description
We are India’s only end-to-end integrated dental products company as at March 31, 2024, offering acomprehensive portfolio of dental products (Source: F&S Report). Our offerings include custom-made crowns and bridges, branded dental products such as clear aligners, th...
Promoter's Holding
Total Share Capital   24091330  
Offered to Public   8970371  
Promoter's Holding (Pre-Issue)   46.56  
Promoter's Holding (Post-Issue)   41.7  
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Address
Office No. 103
Akruti Arcade
J. P. Road
Opposite A. H. Wadia High School
Andheri (West)
Mumbai ,
Maharashtra ,
400058
Phone : 022 61437991
Email : co.sec@laxmidentallimited.com
Website : www.laxmidentallimited.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Motilal Oswal Investment Advisors Pvt Ltd
Nuvama Wealth Management Ltd.
SBI Capital Markets Ltd
Promoters
Dharmesh Bhupendra Dattani
Rajesh Vrajlal Khakhar
Sameer Kamlesh Merchant