Laxmi Dental IPO Subscription Status
Laxmi Dental IPO closed on 15 January 2025 with an overall subscription of 114.14x based on shares applied. QIB demand came in at 110.38x, NII at 147.51x, and retail at 74.41x.
Allotment will be finalised on 16 January 2025. The stock is scheduled to list on NSE and BSE on 20 January 2025.
Issue Price
Rs 428.00
GMP Today
Rs 145.00 (+33.88%)
Overall Subscription
114.14x
Issue Size
₹698.06 Cr
Allotment Date
16 Jan 2025
Listing Date
20 Jan 2025
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 |
Laxmi Dental IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 48,92,931 | 54,00,81,366 | 110.38x |
| NII | 24,46,464 | 36,08,81,202 | 147.51x |
| sNII (Rs 2L to Rs 10L) | 8,15,488 | 8,73,91,986 | 107.17x |
| bNII (above Rs 10L) | 16,30,976 | 27,34,89,216 | 167.68x |
| Retail | 16,30,976 | 12,13,61,658 | 74.41x |
| Total | 89,70,371 | 1,02,23,24,226 | 113.97x |
What Do These Subscription Numbers Mean?
A subscription of 114.14x by shares means the IPO received bids for 114 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 110.38x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 110.38x, it reflects serious institutional conviction.
NII at 147.51x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 74.41x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Laxmi Dental IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 74.41x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 107.17x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 167.68x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Laxmi Dental IPO Allotment Status page from 16 January 2025 for your allotment result.
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 Day-wise Subscription
| 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 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Laxmi Dental IPO Subscription FAQs
What is Laxmi Dental IPO IPO subscription status today?
Laxmi Dental IPO IPO subscription closed on 15 January 2025 with overall subscription of 114.14x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 110.38x, NII 147.51x, Retail 74.41x.
What is the overall subscription of Laxmi Dental IPO IPO?
Laxmi Dental IPO 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 IPO QIB subscription?
Laxmi Dental IPO 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 IPO Retail subscription?
Laxmi Dental IPO IPO Retail subscription is 74.41x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Laxmi Dental IPO IPO NII subscription?
Laxmi Dental IPO IPO NII (Non-Institutional Investors) subscription is 147.51x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Laxmi Dental IPO IPO for retail?
Laxmi Dental IPO IPO retail share subscription is 74.41x. Application-wise data is needed for accurate lottery odds.
When is Laxmi Dental IPO IPO allotment date?
Laxmi Dental IPO 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 IPO subscription close?
Laxmi Dental IPO IPO subscription closed on 15 January 2025. No new applications are accepted after the close.
What is Laxmi Dental IPO IPO GMP today?
Laxmi Dental IPO 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 IPO issue price and lot size?
Laxmi Dental IPO 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 IPO listing date?
Laxmi Dental IPO IPO listing date is 20 January 2025 on NSE and BSE. Allotment is on 16 January 2025.
How does subscription affect Laxmi Dental IPO IPO allotment?
Allotment odds in Laxmi Dental IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.