Price Band
₹407 - ₹428
Lot Size
33
Issue Size
₹698.06 Cr
GMP
N/A
Subscription
114.14x
IPO Schedule
Open
13 Jan 2025
Close
15 Jan 2025
Allotment
-
Listing
20 Jan 2025
About Laxmi Dental
Laxmi Dental is a prominent player in the dental healthcare sector, specializing in manufacturing and distributing a wide range of dental products and equipment. They cater to dentists, dental clinics, and hospitals, both domestically and internationally, offering a comprehensive portfolio encompassing consumables, instruments, and advanced technology solutions.
Key Strengths
- High Return on Equity (ROE) of 78.78% indicates strong profitability and efficient utilization of shareholder equity.
- Established brand reputation and market presence in the dental healthcare industry.
- Diversified product portfolio catering to various segments within the dental market.
- Extensive distribution network enabling widespread market reach.
- Experienced management team with a proven track record in the dental industry.
Risk Factors
- •High P/E ratio of 87.77 suggests that the company's shares are highly valued, potentially limiting future price appreciation.
- •Competition from established domestic and international players in the dental market.
- •Dependence on regulatory approvals and compliance requirements in the healthcare sector.
Valuation Analysis
The IPO appears aggressively priced given the high P/E ratio, requiring substantial future growth to justify the valuation. Investors should carefully assess the company's growth prospects and industry dynamics before investing.
IPO Details
Key Metrics
Growth & Quality
Subscription
Documents
RHP not available