Exchanges
BSE, NSE
Industry
Medical Equipment & Supplies
Issue
Book building

Laxmi Dental IPO

₹550.55

+28.63% on listing

Listing-day close · NSE · 20 Jan 2025 · issue price ₹428

Laxmi Dental’s ₹698 crore IPO was priced at ₹428 a share. It listed on the NSE on 20 Jan 2025 and closed its first day at ₹550.55, up 28.63% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹698 Cr
Fresh issue
₹138 Cr
Offer for sale
₹560 Cr
Lot size
33 shares
Minimum investment
₹14,124
Face value
₹2
Registrar
MUFG Intime India

Subscription

Laxmi Dental IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—63.10×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,352 Cr
P/E (post-issue)
51.7
EPS (post-issue)
₹8.27
Price to book
49.6
ROE
78.78%
ROCE
19.97%
Debt to equity
0.94
PAT margin
13.03%
Promoter holding
46.56% → 41.70%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
20 Jan 2025
Issue price
₹428
Open
₹542.00
High
₹584.00
Low
₹525.00
Close
₹550.55

Listing day on the NSE. The close was +28.63% on the issue price.

LAXMI DENTAL share price today

FAQs

When did the Laxmi Dental IPO open and close?

It opened on 13 Jan 2025 and closed on 15 Jan 2025.

What was the Laxmi Dental IPO price?

The price band was ₹407–428 a share. The final issue price was ₹428.

What is the lot size and minimum investment?

One lot is 33 shares, ₹14,124 at ₹428 a share. Retail investors apply in whole lots.

How much did Laxmi Dental raise?

₹698 crore: ₹138 crore of new shares and ₹560 crore offered by existing shareholders.

How many times was the Laxmi Dental IPO subscribed?

63.10 times overall.

How did Laxmi Dental list?

It listed on the NSE on 20 Jan 2025 at ₹542.00 and closed the day at ₹550.55, up 28.63% on the ₹428 issue price.

Who is the registrar of the Laxmi Dental IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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