Laxmi Dental has debuted at Rs 528.00 on the BSE, up by 100 points or 23.36% from its issue price of Rs 428.00.
The scrip is currently trading at Rs 538.85, up by 110.85 points or 25.90% from its issue price.
It has touched a high and low of Rs 559.40 and Rs 524.80 respectively. So far 5.35 lakh shares were traded on the counter.
The offering, which was open for subscription between January 13, 2024 and January 15, 2024 was subscribed 114.14 times. The issue price was fixed at Rs 428 per share i.e. at upper end of price band of Rs 407-428 apiece.
Laxmi Dental is an end-to-end integrated dental products company. Its offerings include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets and aligner related products as a part of aligner solutions, and paediatric dental products.