Laxmi Dental IPO
Healthcare/Dental - Listed on 20 January 2025
Laxmi Dental IPO listing summary
Laxmi Dental (Healthcare/Dental) closed its IPO window in 2025 and listed on NSE and BSE on 20 January 2025 at an upper band issue price of Rs 428, opening at Rs 542 for a listing gain of +26.6% and closing day one at Rs 550.55 (+28.6% on closing basis). The IPO was subscribed 113.97x overall - QIB 110.38x, HNI/NII 147.51x, Retail 74.41x. The total issue size was Rs 698.06 Cr (Fresh Issue Rs 138 Cr, OFS Rs 560.06 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Laxmi Dental IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 165 | +38.55% |
| Day 2 | Rs 165 | +38.55% |
| Day 3 | Rs 165 | +38.55% |
| Day 4 | Rs 140 | +32.71% |
| Day 5 | Rs 140 | +32.71% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Laxmi Dental IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Laxmi Dental IPO - FAQs
What was the listing gain of Laxmi Dental IPO?
Laxmi Dental IPO listed at +26.6% versus the upper issue price of Rs 428 on 20 January 2025.
How many times was Laxmi Dental IPO subscribed?
Laxmi Dental IPO was subscribed 113.97x overall. QIB portion was subscribed 110.38x, HNI / NII 147.51x and Retail 74.41x.
What was the IPO GMP for Laxmi Dental?
IPO GMP started at Rs 165 on Day 1 and moved to Rs 140 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.