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 current subscription status of Laxmi Dental Limited IPO?

Laxmi Dental Limited IPO has received a total subscription of 114.42 times overall.

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

114.42x

Total Demand

QIB Multiplier

110.38x

Institutions & Funds

NII / HNI

147.95x

High Net-Worth

Retail (RII)

76.23x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 114.42x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	4,892,930	540,081,366	110.38x
NIB	2,446,465	361,965,549	147.95x
HNIs(10L +)	1,630,977	273,489,216	167.68x
HNIs (2-10L)	815,488	88,476,333	108.49x
RETAIL	1,630,977	124,337,400	76.23x
Total	11,416,837	1,388,349,864	114.42x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 58.75x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	49,424	2,966,407	60.02x
HNIs(10L +)	3,295	113,782	34.53x
HNIs (2-10L)	1,647	113,782	69.08x
Total Applications	54,366	3,193,971	58.75x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 (GMP) for Laxmi Dental Limited IPO is ₹145 per equity share. Based on the upper price band of ₹407 to ₹428 per equity share, the estimated listing price is ₹573 (+33.9% expected listing 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, the expected profit per application lot is approx ₹4,785 (+33.9% gain). Minimum application cost is approx ₹14,124.

What is the issue size and price band for Laxmi Dental Limited IPO?

The Laxmi Dental Limited IPO aggregate issue size is ₹698.06 Crores with an equity price band set at ₹407 to ₹428 per equity share. The retail lot size is 33 shares requiring a minimum capital outlay of approx. ₹14,124.

How can I check Laxmi Dental Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 114.42x (Retail: 76.23x, QIB: 110.38x, NII: 147.95x). You can track live multiples directly on our dedicated subscription page.

Where and when will Laxmi Dental Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-01-16. Investors can verify status using PAN card or application number.

When is the listing date for Laxmi Dental Limited IPO?

Laxmi Dental Limited shares are scheduled to list on NSE and BSE on 2025-01-20.