What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Laxmi Dental Limited IPO?

Based on the upper price band of ₹428 and current GMP of ₹145, the estimated listing price is ₹573 (approx. 33.9% gain).

What is the expected profit per lot for Laxmi Dental Limited IPO?

With a lot size of 33 shares and current GMP of ₹145, expected profit per retail application lot is approximately ₹4,785.

IPO GreyPremiumLIVE

Grey Market Intelligence

Laxmi Dental Limited

ListedMainboard

Healthcare · NSE / BSE

Founded on July 8, 2004, Laxmi Dental has grown to become India's only fully integrated dental products company. It offers a wide variety of products, including custom crowns and bridges, clear aligners, thermoforming sheets, aligner accessories, and specialized dental products for children. With over 20 years of experience, the company has expanded its reach globally, exporting to over 95 countries and serving more than 300 cities in India between 2022 and 2024. Laxmi Dental operates six modern manufacturing facilities across Maharashtra and Kerala, covering over 146,000 square feet, as well as additional facilities in Mumbai, Delhi, Bengaluru, and Ahmedabad. Today, it is a trusted partner for over 20,000 dental clinics and professionals. Ranked among India's top dental labs by revenue in 2023, Laxmi Dental continues to lead in innovation and quality, backed by a team of 2,299 employees as of March 31, 2024.

Price Band

₹407 – ₹428

Issue Size

₹698 Cr

Lot Size

33 shares

GMP

₹145

+33.9%

Est. Listing

₹573

at current GMP

Subscribed

114.42x

overall

Open

13 Jan 2025

15 Jan 2025

Allotment

16 Jan 2025

Refund

17 Jan 2025

Demat Credit

18 Jan 2025

Listing

20 Jan 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Laxmi Dental Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹145+33.9%

Issue Price (Upper)

₹428

Band: ₹407 – ₹428

Estimated Listing Price

₹573

Upper price + GMP

Lot Size

33 shares

Min investment ₹14,124

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹145	33.9%	₹573
30 Oct 2026	+₹145	33.9%	₹573
29 Oct 2026	+₹131	30.5%	₹559

About Laxmi Dental Limited Public Issue & Market Profile

Laxmi Dental Limited is bringing an initial public offering (IPO) in the Healthcare sector with an aggregate issue size of ₹698.06 Crores. The shares are offered at a price band of ₹407 to ₹428 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 33 shares (approx. ₹14,124 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-01-18, while un-allotted funds or UPI block mandates will be released on 2025-01-17.

Frequently Asked Questions

What is Laxmi Dental Limited IPO GMP today?

The latest grey market premium for Laxmi Dental Limited IPO is ₹145, which indicates an expected listing price of ₹573.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.