Laxmi Dental IPO

NSELot: 33

LISTEDMAINBOARD
Issue Price428
Listing542
Current208
Price Band
407 - ₹428
Lot Size
33
Issue Size
₹698.06 Cr
GMP
0
Subscription
5.33x

IPO Schedule

1
Open
13 Jan
2
Close
15 Jan
3
Allotment
-
4
Listing
20 Jan

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.

Subscription Status

QIB
0.13x
NII
10.89x
Retail
12.61x
CategoryDay 3Day 2Day 1
QIB110.38x0.84x0.13x
NII147.69x37.44x10.89x
Retail75.10x29.65x12.61x
Total114.14x16.06x5.33x

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.