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Laxmi Dental

As of September 2024, Laxmi Dental stands out as India’s sole fully integrated dental products manufacturer, providing a comprehensive range of solutions. Their portfolio includes customized crowns and bridges, branded dental items like clear aligners, thermoforming sheets, aligner-related products, and pediatric dental offerings. Recognized as one of India’s two largest dental laboratories by revenue for FY 2023, Laxmi Dental serves both domestic and international markets, including the USA, UK, and Europe.

With a strong presence exceeding two decades, Laxmi Dental has built an extensive dental network, collaborating with over 22,000 dental clinics, companies, and professionals in the last three fiscal years. The company has met demands both globally and domestically, exporting to over 95 countries and distributing products across 300 cities in India from FY 2022 to September 2024.

As of September 30, 2024, Laxmi Dental operates six advanced manufacturing facilities spanning 147,029.63 square feet, located in the Mumbai Metropolitan Region (three facilities in Mira Road), Boisar, Maharashtra (two facilities), and Kochi, Kerala (one facility). Additionally, it runs five ancillary units with manufacturing capabilities in Mumbai, Delhi, Bengaluru, and Ahmedabad.

By September 30, 2024, the company employed 2,372 individuals on a full-time basis, reflecting its commitment to delivering quality solutions on a global scale.

Laxmi Dental IPO Details

Signature Global IPO Details
Laxmi Dental IPO Dates
13 – 15 January 2025
Laxmi Dental Issue Price
INR 407 – 428 per share
Fresh issue
INR 138 crore
Offer For Sale
1,30,85,467 shares (INR 532.58 – 560.06 crore)
Total IPO Size
INR 663.81 – 698.06 crore
Minimum bid (size)
33 shares (INR 14,124)
Face Value
INR 2 per share
Retail Allocation
10%
Listing On
NSE, BSE

Laxmi Dental Financial Performance

Signature Global Financial Performance

FY 2022

FY 2023

FY 2024

H1 FY 2025

Revenue

136.84

161.63

193.56

116.78

Expenses

143.40

167.76

186.66

103.41

Net income

(18.68)

(4.16)

25.23

22.74

Margin (%)

(13.65)

(2.57)

13.04

19.47

Figures in INR Crore unless specified otherwise

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