Share the post "IPO Launch: Laxmi Dental’s Initial public offering on 13-01-2025!"
An IPO, or Initial Public Offering, is the first sale of stock by a private company to the public, marking its entry into the stock market. This process helps the company raise funds for expansion and provides liquidity to existing shareholders. The IPO process includes setting a share price, marketing the offering, and complying with regulatory requirements to ensure transparency for potential investors. Laxmi Dental IPO of Initial public offering type offers an equity issue (inclusive of premium) with a face value of ₹ 2.00. The issue is live from 13 Jan 2025 to 15 Jan 2025 , with a market lot of 33 shares. This call notice includes , covering ₹2.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | Laxmi Dental Limited |
|---|---|
| Offer Price () | 407.00 – 428.00 |
| Face Value | 2.00 |
| Type Of Issue | IPO |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Symbol | LAXMIDENTL |
| Issue Period | 13 Jan 2025 to 15 Jan 2025 |
| Issue Size | 1,64,76,130 |
| Price Band | 407.00-428.00 |
| Tick Size | 1.00 |
| Market Lot | 33 |
| Minimum Bid Quantity | 33 |
| Maximum Bid Quantity For Qualified Institutional Investors | 16476108 |
| Maximum Bid Quantity For Non-Institutional Investors | 4119027 |
| Book Running Lead Manager | 1) Nuvama Wealth Management Limited2) Motilal Oswal Investment Advisors Limited3) SBI Capital Markets Limited |
| Registrar | MUFG Intime India Private Limited |
| Sponsor Bank | 1) ICICI BANK2) HDFC BANK |
Laxmi Dental IPO opens on 13-01-2025, and closes on 15-01-2025
| Start Date | 13-01-2025 |
|---|---|
| End Date | 15-01-2025 |
| Issue Period | 13 Jan 2025 to 15 Jan 2025 |
Here are more informative data links:
- Price-Band Advertisement
- Prospectus & GID
- Blank ASBA Form
- Online ASBA Form
- Revised Online ASBA Form
- Registrars To An Issue And Share Transfer Agents/Depository Participants
- Branches Of SCSBs Where Syndicate / Sub Syndicate Member To Submit ASBA Form
- List Of SCSBs For Syndicate ASBA And Under ASBA Facility
- Self Certified Syndicate Banks Eligible As Issuer Banks For UPI
