Laxmi Dental is an integrated dental products offering company. The company offers various products such as custom-293 crowns and bridges, branded dental products i.e., clear aligners, thermoforming sheets, and paediatric dental products.
It is among the top two largest dental laboratories. The company manufactures dental products across 6 manufacturing facilities across 147,029.63 square feet.
The company is the largest exporter for custom made dental prosthesis, primarily catering to the US and UK markets. From Fiscal 2022 to 2024, the dental laboratories business has a reach of 22,000+ dental clinics.
As per the F&S report, the Indian market for custom-made crowns is expected to grow from USD 1.4 billion to USD 3.1 billion by 2030 at 11.8%. And aligner market is estimated to grow from USD 133.6 million to USD 569 million at 23% growth rate. The company sells aligner solutions in tier 1, tier II, and tier III cities.
Laxmi Dental IPO Details
| IPO Opening Date | 13th Jan 2025 |
| IPO Closing Date | 15th Jan 2025 |
| Issue Price | ₹ 407 to 428 Per Share |
| Market Lot | 33 Shares |
| 1 Lot Amount | ₹ 14124 |
| Small HNI Lot | ₹ 2 to10 Lakhs |
| Big HNI Lot | ₹ 10 + Lakhs |
| Issue Size | ₹ 698.06 Cr |
| Offer for sale | ₹ 560.06 Cr |
| Fresh Issue | ₹ 138 Cr |
| IPO Listing at | BSE/SME |
| Allotment Date | 16th Jan 2025 |
| Refund Initiation | 17th Jan 2025 |
| Credit Of Shares to Demat Account | 17th Jan 2025 |
| Listing Dates | 20th Jan 2025 |
| Allotment Status check at BSE | Click here |
| Allotment Status check at NSE | Click here |