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Laxmi Dental IPO

Laxmi Dental IPO

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Registrar: MUFG INTIME INDIA PRIVATE LIMTIED · Listing 2025-01-20
IPO Timeline
Today · 21 Oct 2026
Opens
13 Jan 2025
Closes
15 Jan 2025
Allotment
16 Jan 2025
Refund
17 Jan 2025
Demat
17 Jan 2025
Listing
20 Jan 2025
Price Band
₹407–428
GMP
₹0
0%
Lot Size
33 Shares
Min ₹14,124
Subscription
0x
Issue Size
₹698 Cr
Open
2025-01-13
Close
2025-01-15
Listing
2025-01-20

About the company

Laxmi Dental Care Ltd., founded in 2004, is a leading provider of vertically integrated B2B2C dental aligner solutions. Its offerings include custom-made crowns, bridges, branded aligners, paediatric dental products, and digital dentistry solutions. In FY24, its laboratory business contributed ₹123.96 Cr (64.75% of revenue), aligner solutions ₹53.84 Cr (28.12%), and paediatric products ₹26.67 Cr. With a network of 22,000 clinics and a strong export presence in the US and UK, the company leverages its scale and expertise to maintain a competitive edge.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      NII0x
      QIB0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 20 Jan 2025
      Listed 639 days ago
      1. IPO Opens

        Completed
        13 Jan 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        15 Jan 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        16 Jan 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        17 Jan 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        17 Jan 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        20 Jan 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      33 shares
      Price / Share (upper)
      ₹428
      Min Investment (1 lot)
      ₹14,124
      Price Band
      ₹407–428
      Retail
      ≤ ₹2,00,000
      Min lots
      1
      Min shares
      33
      Min amount
      ₹14,124
      Max amount
      ₹197,736
      sHNI (Small HNI)
      ₹2L – ₹10L
      Min lots
      15
      Min shares
      495
      Min amount
      ₹211,860
      Max amount
      ₹988,680
      bHNI (Big HNI)
      > ₹10L
      Min lots
      71
      Min shares
      2343
      Min amount
      ₹1,002,804
      Max amount
      ₹1,073,424

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹349 Cr
      Shares offered
      8,359,282
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹104.7 Cr
      Shares offered
      2,507,784
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹244.3 Cr
      Shares offered
      5,851,497
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).