Laxmi Dental Limited IPO : Lakshmi Dental Limited is set to launch its IPO in the stock market very soon, and the announcement for the IPO has already been made. This IPO will open on January 13, 2025 (Monday) and will remain open until January 15, 2025. The book-built issue is worth ₹698 crore, and the company is looking to raise ₹698 crore from the market.
If you are interested in investing in this company or just looking to gain from listing, we will provide all the details related to this IPO in today’s article. If you are interested, it is essential to know the minimum investment amount, the price band, and the lot size. So, let’s begin today’s article and explore all the necessary details about Laxmi Dental Limited IPO.
Laxmi Dental Limited IPO Listing Date
| Event | Date |
|---|---|
| IPO Opening | January 13, 2025 |
| IPO Closing | January 15, 2025 |
| Allotment Date | January 16, 2025 (Thursday) |
| Refund Processed | January 17, 2025 |
| Shares Transferred to Demat Account | January 17, 2025 |
| IPO Listing Date | January 20, 2025 |
| Company Goes Live in the Market | January 20, 2025 |
Laxmi Dental IPO GMP Today
The GMP (Gray Market Premium) of Lakshmi Dental Limited IPO fluctuates daily, and as of January 9, 2025, its GMP is ₹165. You should track the GMP daily as it becomes very important the day before the IPO.
If the GMP is positive, it indicates that the IPO is likely to open in the positive range, while if the GMP is negative, the IPO might open with a discount. Therefore, you should track the latest GMP and base your investment decision accordingly.
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Laxmi Dental IPO Objectives
Lakshmi Dental Limited IPO aims to fulfill certain objectives through this IPO. One of the primary objectives is to repay and prepay its outstanding borrowings, which the company intends to manage. Additionally, the company will invest the funds in subsidiaries and use part of the money to clear other outstanding borrowings.
The company also plans to fund capital expenditures and acquire new machinery for business purposes. The remaining funds will be used for general corporate purposes.
Laxmi Dental Limited IPO Review
Currently, no exact review has been posted for Lakshmi Dental Limited IPO. If you want to know the exact details and review of this IPO, we have embedded a YouTube video below, where reviews related to this IPO are shared.
If you are seriously considering investing, we suggest you watch this YouTube video to clear any doubts you may have.
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