
Healthcare Services · NSE
Incorporated in 2016, Vasa Denticity Limited is engaged in the marketing and distribution of a wide range of dental products, including consumables, instruments, equipment, and accessories for diagnosis, treatment, and prevention of dental conditions. The company operates through its online portal and mobile application, "Dentalkart.com," offering over 10,000 products across 300 domestic and international brands. With a centralized 13,000 sq. ft. distribution hub in Gurugram, India, Vasa Denticity also manages more than 30 owned brands, developed or procured through its dedicated R&D team.
Price Band
₹121 – ₹128
Issue Size
₹54.07 Cr
Lot Size
1000 shares
GMP
+47.7%
Est. Listing
₹189
at current GMP
Subscribed
73.22x
overall
Open
23 May 2023
Close
25 May 2023
Allotment
31 May 2023
Refund
1 Jun 2023
Demat Credit
2 Jun 2023
Listing
2 Jun 2023
Overall Subscription
73.22x
Total Demand
QIB Multiplier
37.26x
Institutions & Funds
NII / HNI
156.45x
High Net-Worth
Retail (RII)
58.07x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 802,000 | 29,885,000 | 37.26x |
| NIB | 602,000 | 94,180,000 | 156.45x |
| RETAIL | 1,404,000 | 81,534,000 | 58.07x |
| Total | 2,808,000 | 205,599,000 | 73.22x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,478 | 85,827 | 58.07x |
| HNIs (10L +) | 9 | 1,408 | 156.45x |
| HNIs (2-10L) | 45 | 7,040 | 156.45x |
| Total Applications | 1,532 | 94,275 | 61.54x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Vasa Denticity Limited is bringing an initial public offering (IPO) in the Healthcare Services sector with an aggregate issue size of ₹54.07 Crores. The shares are offered at a price band of ₹121 to ₹128 per equity share on NSE. 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 1000 shares (approx. ₹1,28,000 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 Mas Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-06-02, while un-allotted funds or UPI block mandates will be released on 2023-06-01.
The latest Grey Market Premium (GMP) for Vasa Denticity Limited IPO is ₹61 per equity share. Based on the upper price band of ₹121 to ₹128 per equity share, the estimated listing price is ₹189 (+47.7% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹61, the expected profit per application lot is approx ₹61,000 (+47.7% gain). Minimum application cost is approx ₹1,28,000.
The Vasa Denticity Limited IPO aggregate issue size is ₹54.07 Crores with an equity price band set at ₹121 to ₹128 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,28,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 73.22x (Retail: 58.07x, QIB: 37.26x, NII: 156.45x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2023-05-31. Investors can verify status using PAN card or application number.
Vasa Denticity Limited shares are scheduled to list on NSE on 2023-06-02.