Laxmi Dental Limited
13 Jan 2025 – 15 Jan 2025
LISTED
Offer Price
₹407–428
Bid lot
33
Min Application
₹14,124
Issue Size
₹698 Cr
Key dates
Open date
13 Jan 2025
Done
Close date
15 Jan 2025
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
20 Jan 2025
Today
Lot ladder — how much to bid
1 lot = 33 sharesRetail · Up to ₹2 L1–14 lots
Min · 1 lot
33 sh · ₹14,124
Max · 14 lots
462 sh · ₹1,97,736
S-HNI · ₹2 L to ₹10 L15–70 lots
Min · 15 lots
495 sh · ₹2,11,860
Max · 70 lots
2,310 sh · ₹9,88,680
B-HNI · Above ₹10 L71+ lots
Min · 71 lots
2,343 sh · ₹10,02,804
Entry point
₹10,02,804 onward
Issue details
Lead managersNuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited
Face value₹10
Listing onNSE
RegistrarMUFG Intime India Private Limited (formerly known as Link Intime India Private Limited)
Grey-market sentiment
No grey-market data yet.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Laxmi Dental Limited IPO?
One lot of 33 shares — ₹14,124 at the upper price band of ₹428.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2025-01-20 on NSE.