Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-3.1%)ESDS Software₹ 478 (2.8%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (16%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (-2.3%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

Laxmi Denta IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size --
Profile
Price Range 407  to  428 per share
Profile
Min Investment ₹428
Profile
Lot Size 1
Profile
Face Value ₹2
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Laxmi Dental Limited, established in July 2004, is an integrated dental products company offering a diverse range of products such as custom crowns and bridges, clear aligners, thermoforming sheets, aligner-related solutions, and pediatric dental products. The company operates under the brand name *Taglus*, providing products like thermoforming sheets, biocompatible 3D printing resins, and machines used in the production of clear aligners. With a fully integrated business model, Laxmi Dental oversees every stage of the process, from design and manufacturing to distribution the company is the second-largest player in the domestic laboratory business and the largest exporter of dental products in India, benefiting from the increasing adoption of digital dentistry. Laxmi Dental’s vertically integrated operations, wide range of branded products, and robust technological capabilities, supported by stringent regulatory compliance, position it as a competitive leader in both domestic and international markets. Read More

Basic Info

Face Value 2 per share

Price 407  to  428 per share

P/E (x) 70.2

Sales( Cr.) 239

PAT( Cr.) 25

EPS 6.1

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

Rajesh Vrajlal Khakhar Sameer Kamlesh Merchant Dharmesh Bhupendra Dattani

Pre Issue Share Holding 100%

Post Issue Share Holding 47.44%

Listing Details:

Listing Price: 528

Listing Gain: 18.94%

Current Price: 232.6

Gain On Issue: 232.6 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 13, 2025
Closing Date Jan 15, 2025
Allotment Jan 16, 2025
Refund Jan 17, 2025
Delivery of Shares Jan 17, 2025
Listing Date Jan 20, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 33 14,124
Retail (Max) 14 462 197,736
S-HNI (Min) 15 495 211,860
S-HNI (Max) 70 2310 988,680
B-HNI (Min) 71 2343 1,002,804

Objective of the Issue

1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company. 2. Investment in certain Subsidiaries for the repayment/prepayment, in full or in part, of certain outstanding borrowings. 3. Funding the capital expenditure requirements for purchasing new machinery for the Company. 4. Investment in our subsidiary, Bizdent Devices Private Limited, is needed for the capital expenditure requirements for the purchase of new machinery. 5. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 12232325 0 0x
NII 2446465 0 0x
Retail 1630977 0 0x
EMP 0 0 0x
Total 16309766 0 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Laxmi Denta Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 137 162 194 239
Other Income 1 2 2 3
Total Income 138 164 195 242
Total Expenditure 131 152 169 196
Operating Profit 7 12 26 46
Interest 4 5 6 6
Depreciation 8 11 12 15
Exceptional Income / Expenses -9 -0 -0 7
Profit Before Tax -15 -4 9 32
Provision for Tax 2 0 -9 6
Profit After Tax -17 -4 18 25
Adjustments -1 0 7 6
Profit After Adjustments -18 -4 25 32
Adjusted Earnings Per Share -6.6 -1.4 8.9 5.8

Laxmi Denta Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 21 18 42 209
Minority's Interest 2 2 2 0
Borrowings 10 11 15 11
Other Non-Current Liabilities 10 8 -4 2
Total Current Liabilities 59 58 66 57
Total Liabilities 103 97 123 278
Fixed Assets 39 39 45 51
Other Non-Current Assets 4 4 9 41
Total Current Assets 60 53 64 187
Total Assets 103 97 123 278

Laxmi Denta Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents -11 -14 -10 -16
Cash Flow from Operating Activities -2 15 8 44
Cash Flow from Investing Activities 3 -9 -11 -29
Cash Flow from Financing Activities -4 -2 -3 111
Net Cash Inflow / Outflow -3 4 -5 125
Closing Cash & Cash Equivalent -14 -10 -16 109

Laxmi Denta Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -6.63 -1.43 8.94 5.78
CEPS(Rs) -3.13 2.36 10.78 7.35
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 3.41 2.23 11.13 37.54
Core EBITDA Margin(%) 4.49 6.11 12.6 17.84
EBIT Margin(%) -7.61 0.46 7.27 15.89
Pre Tax Margin(%) -10.75 -2.64 4.4 13.31
PAT Margin (%) -12.48 -2.75 9.27 10.61
Cash Profit Margin (%) -6.35 4.05 15.44 16.89
ROA(%) -16.65 -4.46 16.3 12.64
ROE(%) -180.94 -57.01 96.95 21.4
ROCE(%) -20.54 1.5 21.04 24.97
Receivable days 54.32 46.05 42.73 47
Inventory Days 78.69 60.66 46.15 33.1
Payable days 245.23 214.61 144.21 152.61
PER(x) 0 0 0 76.82
Price/Book(x) 0 0 0 11.83
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.29 0.26 0.27 9.8
EV/Core EBITDA(x) 5.44 3.46 2.03 50.94
Net Sales Growth(%) 0 18.11 19.75 23.53
EBIT Growth(%) 0 107.18 1780.75 170.09
PAT Growth(%) 0 73.96 503.26 41.44
EPS Growth(%) 0 78.37 723.64 -35.33
Debt/Equity(x) 1.41 1.77 0.99 0.06
Current Ratio(x) 1.01 0.92 0.98 3.3
Quick Ratio(x) 0.51 0.5 0.6 2.97
Interest Cover(x) -2.42 0.15 2.54 6.16
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 23% 20% 0% 0%
Operating Profit CAGR 77% 87% 0% 0%
PAT CAGR 39% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -38% NA% NA% NA%
ROE Average 21% 20% -30% -30%
ROCE Average 25% 16% 7% 7%

Company Contact Information

Laxmi Dental Ltd.

Office No. 103, Akruti Arcade, J. P. Road Opposite A. H. Wadia High School Andheri (West)

IPO Lead Manager(s)

Laxmi Dental Ltd.

Motilal Oswal Investment Advisors Pvt Ltd

Nuvama Wealth Management Ltd.

SBI Capital Markets Ltd

Registrar Info

Laxmi Dental Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!