Laxmi Dental IPO

Laxmi Dental Limited, India’s only end-to-end integrated dental products company as of September 2024, offers a diverse portfolio, including custom-made crowns and bridges, clear aligners, and paediatric dental products. With over 20 years in the dental laboratory business, it serves more than 22,000 dental clinics and dentists domestically and internationally. Its six manufacturing facilities ensure quality compliance, including US FDA and ISO certifications. As a leader in clear aligners and paediatric dental products, the company drives innovation through advanced solutions like Illusion Aligners and Bioflx crowns

IPO Strengths

• Recognised as the only integrated dental products company in India, strategically positioned to leverage industry growth.

• Ranked as the second-largest player in the domestic laboratory business and the largest export laboratory, benefiting from the rising adoption of digital dentistry.

• Maintains a vertically integrated and diverse branded product portfolio.

• Operates a vast dental network, offering a significant competitive market advantage.

• Equipped with advanced technological capabilities and strict regulatory compliance to ensure high-quality standards.

• Guided by a seasoned management team with extensive industry expertise.

Key Financials (in million)

Laxmi Dental Limited Upcoming IPO Details

Laxmi Dental Limited IPO Important Dates

Laxmi Dental Limited IPO Lots

Laxmi Dental Limited IPO Lead Managers

Laxmi Dental Limited IPO Valuation Overview

Peer Group Comparison

Objectives of the IPO Proceeds

• Repayment/prepayment of certain outstanding borrowings: ₹229.84 million.

• Investment in subsidiaries for repayment/prepayment of outstanding borrowings: ₹46.00 million.

• Funding capital expenditure for new machinery: ₹435.07 million.

• Investment in subsidiary, Bizdent Devices Private Limited for machinery-related capital expenditure: ₹250.04 million.

• Allocation for general corporate purposes.