Laxmi Dental Limited was incorporated as ‘Laxmi Dental Export Private Limited’ as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation dated July 8, 2004, issued by the Assistant Registrar of Companies, Maharashtra at Mumbai. Pursuant to a special resolution passed in the extra-ordinary general meeting of its Shareholders held on June 18, 2024, the name of the company was changed to ‘Laxmi Dental Private Limited’, and a fresh certificate of incorporation was issued to the Company by the RoC on July 24, 2024, and the company was converted into a public limited company. Consequently, the name of the company was further changed to ‘Laxmi Dental Limited’, and a fresh certificate of incorporation dated August 02, 2024, was issued by the RoC.
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. It is amongst the largest Indian dental laboratories. It is the largest and most profitable vertically integrated and indigenous B2B2C dental aligner solutions company.
Primary dental products offered by its laboratory include custom made dental prosthesis such as metal free crowns and bridges, including its range of branded premium zirconia crowns and bridges ‘Illusion Zirconia’, porcelain fused to metal (PFM) crowns, bridges, and dentures. It has a more focused approach towards capturing the Indian aligner market share and it launched clear aligners under its brand Illusion Aligners which is the first Indian brand to receive 510(k) clearance from USFDA in 2021 to market clear aligners. It offers a comprehensive range of paediatric products, including pre-formed branded paediatric crowns, Silver Diamide Fluoride (SDF), space maintainers, fissure sealant, reinforced splint and mineral trioxide aggregate. It has been granted a design registration on ‘Bioflx’, a semi-flexible tooth coloured pre-formed dental crown for children in India.
Business area of the company
The company and its subsidiaries (the Group), are manufacturer of dental products, with many years history of innovation and service to the dental industry and patients. The Group is primarily engaged in the business of Dental Laboratory Offerings, Aligners Solution, Dental Clinical Services and other related services in relation to dentistry.
Products of the company
Laboratory offerings
- Illusion zirconia
- Illusion dental laboratory
- iScanPro
Aligner solutions
- Illusion aligners
- 3D Printing Resin
- Aligner material taglus
- Thermoforming machine
Paediatric dental products
Awards, accreditations, and recognition
- 2018: Received the Famdent Excellence in Dentistry Awards 2018 for its division, Illusion Dental Laboratory.
- 2019: Received the Famdent Excellence in Dentistry awards 2019 for revolutionising digital dentistry in India for its division, Illusion Dental Laboratory.
- 2021: Received ‘Famdent Excellence in Dentistry, Aligner of the year award 2021’ for its brand, Illusion Aligner.
- 2021: Featured in Forbes Magazine as ‘Iconic Vibrant Leaders’ in 2021 for inspiring vision of keeping the Indian dental fraternity growing for its Promoters, Rajesh Khakhar and Sameer Merchant.
- 2021: Company along with its division, Illusion Dental Laboratory is Featured in Dental Asia magazine in their July-August 2021 edition.
- 2021: Received ‘ICONS 2020-2021’ award by The Times Group and The Economic Times for extraordinary service and dedication in the field of dentistry.
- 2022: its Subsidiary, Bizdent Devices Private Limited -- Received a certificate of appreciation towards the success of the trade exhibition at the 50th Golden Jubliee Conference of the Indian Prosthodontic Society.
- 2022: Its Subsidiary, Bizdent Devices Private Limited -- Received a certificate of appreciation towards the success of the trade exhibition at the 25th IOS national PG Students Conventions.
- 2022: Its division, Illusion Dental Laboratory -- Received a certificate from the Indian Society of Digital Dentistry for successful contribution towards International Digital Dentistry and Implantology Conclave.
- 2022: Its brand, Illusion Aligners -- Received the Famdent Excellence, Innovative Aligner Company of The Year award 2022.
- 2023: Its division, Illusion Dental Laboratory and its brand, Illusion Aligners -- Received an award from Style Italiano in recognition of its contribution towards the success of the 1st India-Esthetic & Restorative Dentistry Conference.
- 2023: Its Subsidiary, Bizdent Devices Private Limited -- Received an award from the Indian Society of Digital Dentistry for their contribution in the success of the “Digital Dental Craftsman Convention”.
- 2024: Its Subsidiary, Bizdent Devices Private Limited -- Named in India Books of Records for creating the biggest aligner.
- 2024: Its division, Illusion Dental Laboratory -- Received “Famdent Excellence, India's First Branded Aligner & Zirconia Laboratory award 2024.
History and milestones
- 2004: Incorporation of the company on July 8, 2004, with a focus on exports dental business.
- 2004: The company received its first Export Oriented Unit certificate.
- 2004: The company received the US Food and Drug Administration (FDA) registration for approval for products manufactured by the company.
- 2011: The company moved to a bigger manufacturing facility at Kandivali Co-operative Industrial Estate Limited Mumbai spread across 5,700 square feet.
- 2012: The company incorporated its foreign Subsidiary, Laxmi Dental Lab USA, Inc.
- 2015: The company got its first ISO 13485:2016 certification to certify the quality management system of medical devices.
- 2016: Its division, Illusion Dental Laboratory, moved to an expanded manufacturing facility at Mira road, Mumbai having a built-up area of 18,325.4 square feet.
- 2019: Established its division Vedia Solutions on February 1, 2019, a product manufacturing company for producing taglus thermoforming sheets, 3D printing resins, thermoforming machines & aligner accessories.
- 2020: Expanded Laxmi Exports Laboratory facility to a larger scale with the vision of women empowerment in the rural area hiring tribal community females at Boisar Chillar Highway, Palghar having a built-up area of 45,950 square feet.
- 2021: Incorporated its Subsidiary, Bizdent Devices Private Limited to have a focused approach towards capturing Indian aligner market share.
- 2021: The company acquired 60% stake in Jointly Controlled Entity, Kids-E-Dental LLP for engaging in business of dental services and products in the paediatric division.
- 2021: The company has received the US FDA 510K clearance for aligners manufactured by its brand Illusion Aligners.
- 2021: Launched and actress as the brand ambassador for its brand Illusion Aligner.
- 2021: its division, Vedia Solution got its first ISO 13485:2016 certification to certify the quality management system of medical devices.
- 2022: Its division, Vedia Solutions received the US FDA registration for approval for products manufactured, repackaged and relabelled by the company.
- 2023: Launched an actress as the brand ambassador for Illusion Zirconia, a product of its division, Illusion Dental Laboratory.
- 2023: Its Subsidiary, Bizdent Devices Private Limited got its first ISO 13485:2016 certification to certify the quality management system of medical devices.
- 2023: Its Subsidiary, Bizdent Devices Private Limited received its Medical Devices Manufacturing License (MDR) license.
- 2023: The company received its MDR license.
- 2023: Its Jointly Controlled Entity, Kids-E-Dental LLP received its MDR license.
- 2023: Its division, Vedia Solutions received its MDR license.
- 2023: Its Jointly Controlled Entity, Kids-E-Dental LLP successfully got registered with US FDA.
- 2023: Its division, Vedia Solutions got its ISO 9001:2015 certification to certify the quality management system of medical devices.
- 2023: Its division, Vedia Solutions got its ISO 45001:2018 certification to certify the quality management system of medical devices.
- 2023: Its division, Vedia Solutions received a certificate of compliance for taglus thermoformable sheets & 3d printing resins.
- 2023: Its Jointly Controlled Entity, Kids-E-Dental LLP, obtained the US FDA 510(k) clearance for its e-SDF product.
- 2024: Its division, Illusion Dental Laboratory received its MDR license.
- 2024: More than 200 Intraoral Scanners were deployed by the company in Indian market to promote digital dentistry.
- 2024: Its division, Vedia Solutions received certificate of compliance for taglus thermoforming machines.
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