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Laxmi Dental IPO Allotment Status: Laxmi Dental, whose IPO closed on January 15, has finalised its share allotment on Thursday. The initial share sale of the company received an overwhelming subscription of 114 times from investors during its three-day bidding period i.e. January 13 to January 15. As the allotment of shares is finalised, investors, who have placed bids for the IPO can check the allotment status online either using BSE's official website or Registrar's portal.

How to check Laxmi Dental IPO Allotment Status- BSE Website

- Go to bseindia.co
- Select the 'Equity'.
- Select 'Laxmi Dental' from the dropdown list.
- Enter the application number and PAN.
- Click on the search button to get the details for allotment

Steps To check Laxmi Dental IPO Allotment Link Through the Registrar's Website - Link Intime India

- Go to the registrar's website

- Select 'Laxmi Dental' from the dropdown.

- Enter either a PAN, application number or depository/client ID.

- You may have to fill in the captcha and then click 'Search' to know the status.

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Laxmi Dental Subscription Status

The Retail Investors have subscribed 75.1 times for the portion allocated at 10%.
The NII subscribed 147.69 times for the reserved portion of 15%.
The QIB received 110.38 times subscriptions for the portion allotted to the 75%.

Oversubscription of such levels signifies a keen interest in the company's potential growth and its strength in terms of finances.

Laxmi Dental IPO GMP Today

According to investorgain.com, The Laxmi Dental IPO has a very strong presence in the grey market. The shares of the company are trading at a premium of 109 rupees over the IPO price of Rs 428 per share in the unofficial market. This gives an estimated listing price of no less than Rs 553 or a 29% premium on the IPO price, indicating positive market sentiment and buoyancy amongst the investors.

About Laxmi Dental

Laxmi Dental was formed in July 2004. It is an integrated dental product company involved in the designing, manufacturing, and distribution of products for dental use. The group's diverse product range comprises customized crowns and bridges, clear aligners, thermoforming sheets, and solutions for pediatric dentistry.

With possible strong listings, a high grey market premium, and a promising growth outlook, the company's stock could make a strong debut in the secondary market.

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