The Laxmi Dental IPO subscription status has attracted significant attention, with a total subscription of 9.41 times as of January 14, 2025. Retail investors have oversubscribed their portion by 16.28 times, reflecting high demand. The IPO, valued at ₹698.06 crores, offers shares in the price band of ₹407 to ₹428 per share. Based on the latest GMP of Laxmi Dental IPO, which stands at ₹142, the expected Laxmi Dental IPO listing price could be around ₹570, offering investors a potential gain of 33%. The allotment of shares will be finalized on January 16, 2025, and trading is expected to begin on the BSE and NSE on January 20, 2025.
Laxmi Dental IPO Subscription Status: Strong Demand from Investors
The Laxmi Dental IPO subscription status indicates a solid investor response, as the IPO has been oversubscribed 9.41 times. This high level of interest highlights a strong demand for shares in the market.
Breakdown of the Laxmi Dental IPO Subscription Status:
- Retail Investors: Oversubscribed by 16.28 times
- Non-Institutional Investors (NIIs): Oversubscribed by 15.81 times
- Qualified Institutional Buyers (QIBs): Subscribed only 0.14 times
The Laxmi Dental IPO subscription status demonstrates that retail investors are particularly enthusiastic about this IPO, which could translate into higher demand and potential listing gains.
Laxmi Dental IPO GMP Review: Analyzing the Market Sentiment
The Laxmi Dental IPO GMP (Grey Market Premium) stands at ₹142, suggesting an expected Laxmi Dental IPO listing price of around ₹570 per share. This reflects a 33% potential gain based on the upper issue price of ₹428. The Laxmi Dental IPO GMP review is a key indicator of investor sentiment and market expectations, and with this premium, the IPO looks promising for those hoping for post-listing gains.
What is the Laxmi Dental IPO GMP Price?
- Laxmi Dental IPO GMP price: ₹142
- Expected Listing Price: ₹570
- Potential Gain: 33%
The Laxmi Dental IPO GMP review suggests that the stock is expected to perform well on listing day, based on its current premium.
Laxmi Dental IPO Listing Price: What to Expect
The Laxmi Dental IPO listing price is highly anticipated, with the Laxmi Dental IPO GMP price signaling a favorable market entry. Based on the latest GMP of Laxmi Dental IPO, the expected listing price is around ₹570, marking a potential gain of 33% from the upper price band of ₹428.
Laxmi Dental IPO GMP Percentage and Its Impact:
- Laxmi Dental IPO GMP percentage: 33%
- Expected Listing Price: ₹570
The strong Laxmi Dental IPO GMP review points to a successful listing for this IPO, making it an attractive opportunity for investors.
Laxmi Dental IPO GMP Allotment Status: Key Information for Investors
The Laxmi Dental IPO GMP allotment status will be finalized on January 16, 2025, after which successful investors will have their shares credited to their demat accounts by January 17, 2025. The allotment process is crucial, as it determines who will receive shares of the Laxmi Dental IPO, based on their bids and the subscription status.
Important Dates for Laxmi Dental IPO Allotment:
- Allotment Date: January 16, 2025
- Demat Credit Date: January 17, 2025
- Listing Date: January 20, 2025
Tracking the Laxmi Dental IPO GMP allotment status will help you stay informed about when to expect the final results.
Company Overview: Laxmi Dental’s Growth in the Dental Sector
Laxmi Dental, established in July 2004, is a prominent player in the dental product industry. The company offers a wide range of products, including custom crowns, bridges, clear aligners, and pediatric dental solutions. Laxmi Dental serves over 22,000 clinics and dentists across India, strengthening its position in the growing organized dental market.
The company’s strong market presence is reflected in the Laxmi Dental IPO subscription status, signaling investor confidence in its future growth.
Laxmi Dental IPO Investment Considerations: A Balanced Perspective
Investing in the Laxmi Dental IPO presents opportunities, given the high demand reflected in the Laxmi Dental IPO subscription status and the promising Laxmi Dental IPO GMP review. However, potential investors should also be aware of the risks, including high valuations and competition from unorganized sectors. While the Laxmi Dental IPO GMP percentage is positive, it’s essential to perform due diligence before making any investment decisions.
Brokerages are generally recommending the Laxmi Dental IPO due to its growth prospects in the dental market. But, as with any investment, careful consideration is key.
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Frequently Asked Questions (FAQ)
1. What is the expected listing price for Laxmi Dental IPO?
Based on the latest Grey Market Premium (GMP), the expected listing price for Laxmi Dental IPO is approximately ₹570, which reflects a potential gain of 33% from the upper price band of ₹428.
2. How can I check the Laxmi Dental IPO subscription status?
You can check the Laxmi Dental IPO subscription status on the official BSE and NSE websites or through your respective broker’s platform. As of January 14, 2025, the subscription status is oversubscribed by 9.41 times.
3. When will the Laxmi Dental IPO listing take place?
The Laxmi Dental IPO is expected to list on January 20, 2025 on both the BSE and NSE.
4. How can I apply for the Laxmi Dental IPO?
You can apply for the Laxmi Dental IPO through your demat account via platforms like Zerodha, Upstox, or Angel One. Make sure you have a registered demat account before applying.
5. What is the price band of the Laxmi Dental IPO?
The price band for the Laxmi Dental IPO is between ₹407 to ₹428 per share.
6. How much can I potentially earn from the Laxmi Dental IPO?
If you invest in the Laxmi Dental IPO at the upper price band of ₹428, you can expect a potential gain of 33%, based on the current Grey Market Premium (GMP) of ₹142.