Laxmi Dental IPO allotment status: How to check details online via registrar, NSE & BSE; Check latest GMP

Laxmi Dental IPO allotment status is likely to be finalized on NSE, BSE and the registrar on January 16.

Laxmi Dental IPO allotment status is likely to be finalized for the bidders on 16th January, following a huge demand exceeding 100 times during its 3-day bidding window between January 13 - 15 in the primary market.

The initial public offer of the OrbiMed-backed Laxmi Dental Ltd got fully subscribed within minutes of opening for bidding on Monday and concluded with a total of 113.97 times subscription on a price band of Rs 407-428 per share. Earlier, it collected a little over Rs 314 crore from anchor investors.

The investors who subscribed to the mega issue by Laxmi Dental Ltd can check their allotment status on the official website of the registrar, Link Intime India Pvt Ltd. The share finalization can also be verified on the websites of the exchanges, NSE and BSE.

Laxmi Dental IPO allotment date today: Steps to check share allotment status on Link Intime

Step 1: Open the link to the official registrar of the issue on this URL: https://linkintime.co.in/initial_offer/

Step 2: Select the company from the dropdown menu.

Step 3: You check your allotment status by filling in details like PAN, application number or DP client ID.

Step 4: Press the Submit button

Step 5: Your allotment status will be shown in the window.

Laxmi Dental IPO allotment status check on NSE

Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).

Step 2: Register by signing up using your details and then Submit.

Step 3: Select 'Laxmi Dental'

Step 4: Investors can check the allotment status by filling in details like their IPO Application number.

Step 5: Press the Submit button

Step 6: The allotment status will be shown in the window.

Laxmi Dental IPO allotment status check on direct link of BSE

Step 1: Open the website of Bombay Stock Exchange (BSE).

Step 2: Click on 'Investors' option.

Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.

Step 4: Click on 'Application Status Check'.

Step 5: Select Equity in the issue type.

Step 6: Fill in the required details including the 'Issue Name'.

Step 7: Enter PAN number and click on Search to view the status

Check All IPO News Here

Laxmi Dental IPO GMP Today Price

According to market observers, the shares of Laxmi Dental are commanding a GMP of nearly 30 percent. Investorgain quoted a GMP of Rs 126 for the shares of the company in the unofficial market, indicating a listing gain of nearly 29.43 percent.

As per the RHP, the net proceeds from the fresh issue will be utilised for repayment of debt, funding of capital expenditure requirements, investment in its subsidiary Bizdent Devices Pvt Ltd and general corporate purposes.

Laxmi Dental, an end-to-end integrated dental products company, has a comprehensive portfolio that includes custom-made crowns and bridges, branded dental products like aligner solutions and paediatric dental products.

Laxmi Dental shares will be listed on the BSE and National Stock Exchange (NSE) on 20th January.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.