Laxmi Dental IPO GMP Price 2025: Subscribe or Not?

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Laxmi Dental IPO GMP Price
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Laxmi Dental IPO GMP Price: On Monday (today), January 13, 2025, Laxmi Dental, a well-known business-to-consumer dental aligner company supported by OrbiMed, will begin its IPO (Initial Public Offering) for subscription by the general public. Prior to the IPO opening, the company had already obtained around ₹314 crore through its investors. Let’s learn more about this IPO and the growth prospects that this IPO carries.

Basic Details of the Laxmi Dental IPO

A Rs 698.06 crore book-built offering sums up the Laxmi Dental IPO. A total of 1.31 crore shares, worth Rs 560.06 crores, are being offered for sale in addition to a new issue of 0.32 crore shares, worth Rs 138.00 crores. The subscription period for the Laxmi Dental IPO auction began on January 13, 2025, and it will end on January 15, 2025.

The tentative listing date for the Laxmi Dental IPO is set for Monday, January 20, 2025, and it will be listed on the BSE and NSE. On Thursday, January 16, 2025, the allocation for the Laxmi Dental IPO is anticipated to be finalized. Moreover, the price range for Laxmi Dental’s IPO is ₹407 to ₹428 per share. Applications must have a minimum lot size of 33.

Laxmi Dental IPO GMP Price

Laxmi Dental is solid with a high GMP at the moment. According to reports, the Laxmi Dental IPO GMP price was between ₹160 and ₹170 a share as of January 13th, the day of the IPO. This corresponds to a 38–40% premium over the top end of the pricing range (₹428). The high GMP suggests that the IPO will be attracting a lot of investor interest. Considering Laxmi Dental’s strong market presence, varied product line, and solid financial results, analysts are upbeat about the company’s initial public offering (IPO).

Should one consider Laxmi Dental IPO GMP Price for subscription?

As per the details of the IPO, it would not be wrong to say that the IPO pricing is quite high, which is a potential risk in case future anticipations are not met, but the integrated business model and high GMP of the business are making it trustworthy. Moreover, the dental care awareness has increased in India, and it is expected to boost significantly in the coming years. All these factors and especially the Laxmi Dental IPO GMP price make the IPO a must-try.

Final Verdict

Today marks the start of the public issue of the Laxmi Dental IPO, which will run until Wednesday at 5:00 PM. No doubt, the Laxmi Dental IPO GMP price is high, which means that the investors are optimistic about the company’s chances for growth and position in the market. Although before making any investment, one should analyze his own budget because market risks are uncertain, and it’s up to one’s own will how much risk one is ready to take.

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Disclaimer: Demat Dive is not giving any buying advice on any stock. Consult a SEBI-registered advisor before investing anywhere.

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