Laxmi Dental IPO Subscription
ListedUpdated 20 January 2025, 9:15 AM IST· Mainboard
Laxmi Dental IPO subscription closed on 15 January 2025 at 114.14x overall by shares. QIB demand came in at 110.38x, NII at 147.51x, and retail at 74.41x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 16 January 2025. Listing date on NSE and BSE is 20 January 2025.
Laxmi Dental IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 13 Jan 2025 | 0.13x | 10.89x | 12.61x | 5.33x |
| Day 2 - 14 Jan 2025 | 0.84x | 37.44x | 29.65x | 16.06x |
| Day 3 - 15 Jan 2025 | 110.38x | 147.51x | 74.41x | 113.97x |
Laxmi Dental IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Laxmi Dental IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 74.41x (shares) | Updating soon |
| SHNI (Rs 2L to Rs 10L) | 107.17x (shares) | Updating soon |
| BHNI (above Rs 10L) | 167.68x (shares) | Updating soon |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Laxmi Dental IPO Allotment Status page from 16 January 2025 for your result.
Laxmi Dental IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 428.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 209.42 Cr | Rs 23,115.48 Cr | 110.38x |
| NII | Rs 104.71 Cr | Rs 15,445.72 Cr | 147.51x |
| sNII (Rs 2L to Rs 10L) | Rs 34.90 Cr | Rs 3,740.38 Cr | 107.17x |
| bNII (above Rs 10L) | Rs 69.81 Cr | Rs 11,705.34 Cr | 167.68x |
| Retail | Rs 69.81 Cr | Rs 5,194.28 Cr | 74.41x |
| Total | Rs 383.93 Cr | Rs 43,755.48 Cr | 113.97x |
What Do These Subscription Numbers Mean?
114.14x overall by shares means bids covered about 114 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 110.38x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (147.51x by shares). SHNI and BHNI allotment is by lottery.
Retail at 74.41x by shares. Exact lottery chances need application data.
Laxmi Dental IPO GMP After Subscription
GMP for Laxmi Dental IPO stands at Rs 145.00 today, giving an estimated listing price of Rs 573.00 per share.
A subscription of 114.14x combined with a GMP of 33.88% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Laxmi Dental IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Laxmi Dental IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 13 January 2025 |
| IPO Close Date | 15 January 2025 |
| Allotment Date | 16 January 2025 |
| Refund Initiation | 17 January 2025 |
| Share Credit to Demat | 17 January 2025 |
| Listing Date | 20 January 2025 |
| Minimum Investment | Rs 14,124.00 |
| Lot Size | 33 shares |
About Laxmi Dental IPO
Laxmi Dental is an India-based full-integrated dental products company providing a wide gamut of customized crowns, clear aligners, thermoforming sheets, and products for pediatric dentistry. Revenues in FY 2023 ranked the firm as one of the two biggest dental laboratories in India. In addition to Indian customers, exports are made to more than 95 countries worldwide, and 300 cities of India are covered for distribution.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Laxmi Dental IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Laxmi Dental IPO Details
Issue size, price, financials, and company info
Laxmi Dental IPO GMP
Live grey market premium and listing estimate
Laxmi Dental IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Laxmi Dental IPO Allotment
Allotment date, chances, and check by PAN
Laxmi Dental IPO Review
SWOT, strengths, risks, and IPO review
Laxmi Dental IPO FAQ
Common questions on dates, GMP, and allotment
Laxmi Dental IPO Registrar
Registrar website and how to check allotment
Laxmi Dental IPO Timeline
Open, close, allotment, and listing dates
Laxmi Dental IPO News
Updates, blogs, and latest IPO news
Laxmi Dental IPO Subscription FAQs
What is Laxmi Dental IPO subscription status today?
Laxmi Dental IPO subscription closed on 15 January 2025 with overall subscription of 114.14x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 110.38x, NII 147.51x, Retail 74.41x.
What is the overall subscription of Laxmi Dental IPO?
Laxmi Dental IPO is subscribed 114.14x overall by shares at close on 15 January 2025. QIB 110.38x, NII 147.51x, and Retail 74.41x.
What is Laxmi Dental IPO QIB subscription?
Laxmi Dental IPO QIB (Qualified Institutional Buyers) subscription is 110.38x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Laxmi Dental IPO Retail subscription?
Laxmi Dental IPO Retail subscription is 74.41x by shares. Retail bids are up to Rs 2 lakh per PAN.
What is Laxmi Dental IPO NII, SHNI, and BHNI subscription?
Laxmi Dental IPO NII subscription is 147.51x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).
What are Laxmi Dental IPO retail allotment chances?
Laxmi Dental IPO retail share subscription is 74.41x. Application data is needed for exact lottery chances.
What are Laxmi Dental IPO SHNI allotment chances?
Laxmi Dental IPO SHNI share subscription is 107.17x. Application data is needed for exact lottery chances.
What are Laxmi Dental IPO BHNI allotment chances?
Laxmi Dental IPO BHNI share subscription is 167.68x. Application data is needed for exact lottery chances.
When is Laxmi Dental IPO allotment date?
Laxmi Dental IPO allotment date is 16 January 2025. Check Laxmi Dental IPO Allotment Status on IPOwiz from that day using your PAN.
When does Laxmi Dental IPO subscription close?
Laxmi Dental IPO subscription closed on 15 January 2025. No new applications are accepted after the close.
What is Laxmi Dental IPO GMP today?
Laxmi Dental IPO GMP is ₹145 today (+33.88% over issue price ₹428). See live GMP on the Laxmi Dental IPO GMP Today page.
What is Laxmi Dental IPO issue price and lot size?
Laxmi Dental IPO issue price is ₹428 per share. Lot size is 33 shares. Minimum investment is ₹14,124 per lot. Issue size: ₹698.06 Cr.
When is Laxmi Dental IPO listing date?
Laxmi Dental IPO listing date is 20 January 2025 on NSE and BSE. Allotment is on 16 January 2025.
How does subscription affect Laxmi Dental IPO allotment?
In Laxmi Dental IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 114.14x overall, competition is very high.
For allotment results from 16 January 2025, visit the Laxmi Dental IPO Allotment Status page. For listing day updates on 20 January 2025, download the IPOwiz App.
Sources
We match Laxmi Dental IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.