Laxmi Dental IPO Today: Know Day 2 GMP, Subscription Status, and Other Key Details 

GMP Status of Laxmi Dental  IPO 

As of 14th January 2025, the Grey Market Premium (GMP) of Laxmi Dental Limited was registered as Rs 142, indicating a gain/ loss percentage of 33.17%. At the current GMP of Rs 142, the expected listing price of Laxmi Dental Limited is Rs 570 (Cap price + GMP). 

GMP Trend of Laxmi Dental  IPO

The public offer for Laxmi Dental Limited was opened for subscription yesterday, i.e. 13th January 2025. You can access the trend for Laxmi Dental IPO GMP from the below table:

Subscription Status of Laxmi Dental IPO

On the opening day, the Initial Public Offer (IPO) was over-subscribed 5.33 times. The oversubscription was led by the retail investors (10.89 times). Laxmi Dental Limited IPO received high demand from investors on the second day too, which is reflected in their subscription status. The subscription of Laxmi Dental currently stands at 9.73 times. Out of these, the retail segment was subscribed 21.01 times, followed by the NII segment (21.4) and QIB (0.14). This subscription status is updated as of 14th January 2025, 12:49 PM. 

Key Detail About Laxmi Dental Limited IPO 

Laxmi Dental Limited IPO began subscription on 13th January 2025 and will have the final bid on 15th January 2025. The total issue size for the offer is Rs 698.06 crores, which includes a fresh issue component of 138 crores and an offer for sale of 560.06 crores. For more information about the Laxmi Dental IPO, please refer to the below table:

About Laxmi Dental Limited 

Laxmi Dental Limited is engaged in the business of providing end-to-end dental products. The company has been involved in this business for the last 20 years and offers a robust range of products to its customers. The portfolio of Laxmi Dental Limited includes custom-made crowns and bridges, branded dental products, like clear aligners, thermoforming sheets and aligner-related products. Their business is distributed under various heads – Illusion Aligners, Kids-e-Dental, Taglus, Laxmi Dental Exports and Laxmi Dental USA.  Rajesh Vrajlal Khakhar is the founder of Laxmi Dental Laboratory, which he founded on July 8th, 2004. The other promoters of the company are Sameer Kamesh Merchant and Dhamresh Bhupendra Dattani.  

Disclaimer: The article is just for informational purposes and highlights opinions/recommendations/suggestions by experts. It is recommended to conduct your own research or consult a financial advisor before making any investment.