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Laxmi Dental Ipo


Objects of the Issue

  • Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company.

  • Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings

  • Funding the capital expenditure requirements for purchase of new machinery for our Company.*

  • Investment in our Subsidiary, Bizdent Devices Private Limited, for the capital expenditure requirements for the purchase of new machinery

  • General corporate purposes.

Laxmi Dental IPO Review

  • IPO Watch – Apply

  • Canara Bank Securities – Apply

  • Capital Market – May Apply

IPO Lead Managers aka Merchant Bankers

  • Motilal Oswal Investment Advisors Limited

  • SBI Capital Markets Limited

ApplicationLot SizeSharesAmount
Retail Minimum133₹14,124
Retail Maximum14462₹1,97,736
S-HNI Minimum15495₹2,11,860
B-HNI Minimum712,343₹10,02,804

IPO Open Date:January 13, 2025
IPO Close Date:January 15, 2025
Basis of Allotment:January 16, 2025
Refunds:January 17, 2025
Credit to Demat Account:January 17, 2025
IPO Listing Date:January 20, 2025

Period EndedRevenueExpenseProfit After TaxAssets
2022₹1,38.07₹1,43.40₹18.68₹102.75
2023₹1,63.84₹1,67.76₹4.16₹96.54
2024₹1,95.26₹1,86.66₹25.23₹134.52
Sept 2024₹1,17.99₹1,03.41₹22.74₹158.22

KPIValues
ROE:78.78%
ROCE:19.97%
EBITDA Margin:12.29%
PAT Margin:13.03%
Debt to equity ratio: 0.94
Earning Per Share (EPS):₹5.11 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):78.78%
Net Asset Value (NAV):₹8.63

CompanyEPSPE RatioRoNW %NAVIncome
PolyMedicure Limited26.9294.0219.05153.2214,34.54 Cr.

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IPO Open Date:January 13, 2025
IPO Close Date:January 15, 2025
Face Value:₹2 Per Equity Share
IPO Price Band:₹407 to ₹428 Per Share
Issue Size:Approx ₹698.06 Crores
Fresh Issue:Approx ₹138 Crores
Offer for Sale:Approx ₹560.06 Crores, 1,30,85,467 Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 10%
QIB Quota:Not more than 75%
NII Quota:Not more than 15%
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