
Healthcare & Medical Devices · BSE
Incorporated in 1999, Prevest Denpro manufactures and markets dental materials for diagnosis, treatment, and aesthetic enhancement, covering areas such as endodontics, prosthodontics, orthodontics, periodontics, restorative and aesthetic dentistry, and laboratory consumables. Its products are sold in around 75 countries, with 60.24% of sales from international markets in FY 2020-21. The company’s main manufacturing facility is in Kartholi, Samba (Jammu & Kashmir), spanning over 27,000 sq. ft. with a capacity of 200 MT per year, and it is expanding with a new 16,000 sq. ft. facility to produce hygiene, oral care, and biomaterials products.
Price Band
₹82 – ₹84
Issue Size
₹27.00 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹84
at current GMP
Subscribed
—
Open
15 Sep 2021
Close
17 Sep 2021
Allotment
22 Sep 2021
Refund
23 Sep 2021
Demat Credit
24 Sep 2021
Listing
27 Sep 2021
Designated Registrar: Bigshare Services Private Limited
Allotment Date
22 Sep 2021
Basis finalization
Refunds Initiate
23 Sep 2021
Mandate release
Demat Credit
24 Sep 2021
Shares in demat
Listing Debut
27 Sep 2021
Trading begins
Prevest Denpro Limited is bringing an initial public offering (IPO) in the Healthcare & Medical Devices sector with an aggregate issue size of ₹27 Crores. The shares are offered at a price band of ₹82 to ₹84 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,34,400 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 will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-09-24, while un-allotted funds or UPI block mandates will be released on 2021-09-23.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.