Laxmi Dental IPO GMP: Key Insights
The Laxmi Dental IPO has garnered significant attention in the market, with its Grey Market Premium (GMP) reflecting investor sentiment ahead of its official listing. This article dives into the latest GMP updates, reviews, allotment details, and more, helping you make an informed investment decision.
Laxmi Dental IPO GMP Today
Key Factors Driving GMP:
- Strong Financials: Revenue growth from ₹138.07 Cr in FY22 to ₹195.26 Cr in FY24.
- Market Leadership: India’s only integrated dental products company with exports to 90+ countries.
- Technological Edge: Advanced manufacturing capabilities and a diverse product portfolio.
Laxmi Dental IPO Details
| Particulars | Details |
| IPO Date | January 13–15, 2025 |
| Price Band | ₹407–₹428 per share |
| Lot Size | 33 shares |
| Total Issue Size | ₹698.06 Cr |
| Fresh Issue | ₹138 Cr |
| Offer for Sale | ₹560.06 Cr |
| Listing at | BSE, NSE |
For more details, read our guide on IPO Flipping.
Laxmi Dental IPO GMP Review
Experts view the IPO positively, citing the company’s strong domestic and international presence. However, investors are advised to assess the GMP trends alongside company fundamentals.
Key Strengths of Laxmi Dental IPO:
- Second-largest domestic laboratory business player.
- Vertically integrated model ensures quality and cost efficiency.
- A robust dental network covering 22,000+ clinics across 320+ cities.
Laxmi Dental IPO Allotment and Listing
| Event | Date |
| Basis of Allotment | January 16, 2025 |
| Refund Initiation | January 17, 2025 |
| Shares Credit | January 17, 2025 |
| Listing Date | January 20, 2025 |
What is Grey Market Premium (GMP)?
Grey Market Premium, or GMP, refers to the price at which shares of an IPO trade unofficially in the grey market before listing. A high GMP often indicates strong demand, while a low GMP may signal weaker investor interest.
Stay updated with IPO GMP Grey Market Premium for real-time updates.
Competitive Strengths of Laxmi Dental Limited
- Integrated Operations: End-to-end control over design, manufacturing, and distribution.
- Diverse Portfolio: Custom crowns, clear aligners, and pediatric products.
- Export Prowess: Presence in 90+ countries ensures a strong global foothold.
FAQs
1. What is the Laxmi Dental IPO GMP today?
The current GMP for Laxmi Dental IPO is ₹[current GMP]. This reflects investor sentiment and demand before listing.
2. How is Laxmi Dental IPO GMP calculated?
GMP is the difference between the IPO price and the price at which shares are traded in the grey market.
3. Is Laxmi Dental IPO a good investment?
With a strong market position, financial growth, and export reach, Laxmi Dental IPO appears promising. However, investors should evaluate their risk appetite.
4. What is the allotment date for Laxmi Dental IPO?
The basis of allotment will be finalized on January 16, 2025.
5. Where can I check Laxmi Dental IPO allotment status?
Allotment status can be checked on the registrar’s website or through your broker.
For more insights, explore our detailed article on OFS vs IPO Differences.
By staying informed, you can make sound investment decisions and leverage opportunities like the Laxmi Dental IPO effectively. To stay tunes for such insights sign up now on Tap Invest.
