{"id":50508,"date":"2025-01-13T13:19:00","date_gmt":"2025-01-13T07:49:00","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=50508"},"modified":"2025-11-10T13:35:19","modified_gmt":"2025-11-10T08:05:19","slug":"laxmi-dental-4-sme-ipos-seek-%e2%82%b9943-cr-objectives-gmp-and-key-details-to-know","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/laxmi-dental-4-sme-ipos-seek-%e2%82%b9943-cr-objectives-gmp-and-key-details-to-know\/","title":{"rendered":"Laxmi Dental & 4 SME IPOs Seek \u20b9943 cr: Objectives, GMP, and Key Details To Know"},"content":{"rendered":"
<\/div>\n

Get ready for an action-packed week in the IPO market! This week brings a mix of opportunities, with one mainboard IPO, Laxmi Dental, seeking \u20b9698.06 Cr , and four SME IPOs \u2013 Kabra Jewels Ltd, Rikhav Securities Ltd, Landmark Immigration Ltd, and EMA Partners Ltd \u2013 scheduled to hit the market.<\/p>\n\n\n\n

This wave of IPOs offers investors a chance to explore a diverse range of sectors and get in on the ground floor of promising Indian businesses.<\/p>\n\n\n\n

Before diving into the specifics, let’s break down these companies’ objectives, financial health, Grey Market Premium (GMP), and other key details. Here’s a closer look at what each of these IPOs has to offer!<\/p>\n\n\n\n

Laxmi Dental Limited <\/strong><\/h2>\n\n\n\n

Laxmi Dental\u2019s IPO<\/a> aims to raise \u20b9698.06 crores through a book-built issue. This includes a fresh issue of 0.32 crore shares worth \u20b9138.00 crores and an offer for sale of 1.31 crore shares aggregating to \u20b9560.06 crores. <\/p>\n\n\n\n

Offer Price<\/td>\u20b9407 to \u20b9428 per share<\/td><\/tr>
Face Value<\/td>\u20b910 per share<\/td><\/tr>
Opening Date<\/td>13 January 2024<\/td><\/tr>
Closing Date<\/td>15 January 2024<\/td><\/tr>
Total Issue Size (in Shares)<\/td>1,63,09,766  <\/td><\/tr>
Total Issue Size (in \u20b9)<\/td>\u20b9698.06 Cr<\/td><\/tr>
Issue Type <\/td>Book Built Issue IPO<\/a><\/td><\/tr>
Lot Size<\/td>33 Shares<\/td><\/tr>
Listing at <\/td>BSE<\/a>, NSE<\/a><\/td><\/tr><\/tbody><\/table>
Source: SEBI<\/a><\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

The minimum application size is 33 shares, requiring a retail investment of \u20b914,124. For small NII (sNII), the minimum is 15 lots (495 shares), amounting to \u20b92,11,860, and for big NII (bNII), it is 71 lots (2,343 shares), requiring \u20b910,02,804. The allotment is set for January 16, 2025, with listing on BSE and NSE scheduled for January 20, 2025. <\/p>\n\n\n\n

GMP (Grey Market Premium)<\/strong><\/h3>\n\n\n\n

The latest GMP for Laxmi Dental IPO<\/a> is \u20b9161 (as of January 13, 2025). With a price band of \u20b9428, the estimated listing price is \u20b9589, reflecting a potential gain of 37.38% per share.<\/p>\n\n\n\n

Objectives of the IPO<\/strong><\/h3>\n\n\n\n