The much-anticipated Laxmi Dental IPO is set to hit the market from 13 January 2025 to 15 January 2025, making it a key opportunity for investors interested in the healthcare and dental products sector. This IPO by Laxmi Dental Limited IPO, a leading integrated dental products company, aims to raise ₹698.06 crore.
About Laxmi Dental Limited
Founded in July 2004, Laxmi Dental offers a wide range of products, including custom crowns, bridges, clear aligners, thermoforming sheets, and pediatric dental solutions. The company operates an integrated model, managing everything from design to manufacturing and distribution.
With six manufacturing facilities across India and a strong global presence in over 90 countries, Laxmi Dental has built a robust network of 22,000+ clinics and practitioners across 320 locations.
Key Laxmi Dental IPO Details
- IPO Dates: 13-15 January 2025
- IPO Price: ₹407 - ₹428 per share
- Issue Size: ₹698.06 crore (1.63 crore shares)
- Fresh Issue: ₹138 crore
- Offer for Sale (OFS): ₹560.06 crore
- Lot Size: 33 shares
- Listing Date: 20 January 2025
Financial Performance
Laxmi Dental has shown steady revenue growth, but recent financials highlight challenges:
- Total Revenue (FY 2024): ₹195.26 crore
- Profit After Tax (FY 2024): ₹25.23 crore
- Net Worth: ₹67.09 crore
Laxmi Dental IPO GMP and Analysis
As of 09 January 2025, the Laxmi Dental IPO GMP is start. Investors eagerly await GMP updates to gauge market sentiment. Investors are advised to keep an eye on the market trends and GMP updates closer to the IPO date.
Should You Invest?
Laxmi Dental is a leader in its niche with a strong domestic and international presence. However, challenges like declining profitability and dependence on key regions pose risks. This IPO suits investors looking for long-term growth in the dental products industry.
