Laxmi Dental IPO GMP: Laxmi Dental’s IPO subscribed 8 times, GMP reaches Rs 135, earning will be more than 31 percent!

Laxmi Dental IPO GMP: Lakshmi Dental’s IPO is getting good response. Its issue has been subscribed almost 8 times till 11 am on the second day of the IPO. Let us tell you that GMP (Grey-Market Premium) of Lakshmi Dental is also doing well. The price band of shares in Lakshmi Dental’s IPO is Rs 407-428, while the lot size is 33 shares. That means, application can be made for at least 33 shares and in multiples thereof. This is a mainboard IPO, hence its listing will be on BSE and NSE.

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Laxmi Dental IPO Details

Laxmi Dental IPO GMP

According to IPO Watch, GMP of Laxmi Dental is running at Rs 135. Even if the final price of shares in its IPO is fixed at Rs 428, then it can be listed at Rs 563 with a premium of 31.5 percent.

Laxmi Dental Business

Lakshmi Dental, established in July 2004, is an integrated dental products company. The company offers custom crowns and bridges, branded dental items such as clear aligners and thermoforming sheet products, which are part of its aligner solutions range. It also offers pediatric dental products. The company also operates in America.

Disclaimer: Here mainly information about an IPO is given, not investment advice. There is risk in equity market, so invest at your own risk. Before investing, definitely take expert opinion.

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