| Laxmi Dental Ltd |
|
|
| Initial public offering of up to 16,309,766 equity shares of face value of Rs. 2/- each ("Equity") of Laxmi Dental Limited (the "Company" or the "Issuer") for cash at a price of Rs. 428.00 per equity share including a share premium of Rs. 426.00 per equity share (the "Offer Price") aggregating up to Rs. 698.06 crores (the "Offer"). The offer comprises of a fresh issue of up to 3,224,29 equity shares of face value of Rs. 2/- each by the company aggregating up to Rs. 138.00 crores (the "Fresh Issue") and an offer for sale of up to 13,085,467 equity shares of face value of Rs. 2/- each (the "Offered Shares") aggregating up to Rs. 560.06 crores (the "Offer for Sale"), comprising of up to 196,604 equity shares of face value of Rs. 2/- each aggregating up to Rs. 8.41 crores by Rajesh Vrajlal Khakhar, up to 434,598 equity shares of face value of Rs. 2/- each aggregating up to
Rs. 18.60 crores by Sameer Kamlesh Merchant (Together the "Promoter Selling Shareholders"), up to 239,838 equity shares of face value of Rs. 2/- each aggregating up to Rs. 10.26 crores by Jigna Rajesh Khakhar, up to 150,040 equity shares of face value of Rs. 2/- each aggregating up to Rs. 6.42 crores by Hasmukh Vrajlal Khakhar, up to 150,040 equity shares of face value of Rs. 2/- each aggregating up to Rs. 6.42 crores by Amrish Mahendrabhai Desai, up to 150,040 equity shares of face value of Rs. 2/- each aggregating up to Rs. 6.42 crores by parag Jamnadas Bhimjiyani, up to 150,040 equity shares of face value of Rs. 2/- each aggregating up to Rs. 6.42 crores by Kunal Kamlesh Merchant (Together the "Other Selling Shareholders"), up to 11,614,267 equity shares of face value of Rs. 2/- each aggregating up to
Rs. 497.09 crores by Orbimed Asia II Mauritius Limited (the "Investor Selling Shareholder") (the Promoter Selling Shareholders, the Investor Selling Shareholder and the Other Selling Shareholders, Collectively Referred to as the "Selling Shareholders") (the "Offer for Sale, and Together with the Fresh Issue, the "Offer"). The offer will constitute
29.67 % of the post-offer paid-up equity share capital of the company.
The Issue Price is Rs. 428.00 per equity share of face value of Rs. 2/- each.
The issue price is 214 times the face value of the equity shares.
Bid can be made for a minimum of 33 equity shares and in multiples of 33 equity shares.
|
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application |
| 13-Jan-25 |
15-Jan-25 |
₹ 428.00 |
₹ 428.00 |
| Minimum Application for shares in Nos :33 Further Multiples of :33 |
| |
|
Lead Managers to the Issue |
| Project Cost |
₹ 128.17 Cr |
| Motilal Oswal Investment Advisors Ltd | | Nuvama Wealth Management Ltd | | SBI Capital Markets Ltd |
|
| Project Financed through Current Offer |
₹ 698.06 Cr |
|
| Post Issue Equity Share Capital |
₹ 10.99 Cr |
|
| Face Value |
₹ 2 |
|
|