Laxmi Dental IPO Allotment: The initial public offering (IPO) of the integrated dental products company, Laxmi Dental Ltd, has garnered significant interest from investors. With the bidding period now closed, attention turns to the allotment of shares for the Laxmi Dental IPO, which is expected to be finalized shortly.
The public issue was open for subscription from January 13 to 15, and investors eagerly await the Laxmi Dental IPO allotment date. The company is in the process of determining the basis for the allocation of Laxmi Dental IPO shares.
Once the Laxmi Dental IPO allotment is completed, the company will promptly credit equity shares to the demat accounts of eligible allottees and issue refunds to unsuccessful bidders on the same day.
Investors can conveniently check the status of the Laxmi Dental IPO allotment online through the websites of BSE and NSE, as well as the official portal of the IPO registrar, Link Intime India Private Ltd.
To check the Laxmi Dental IPO allotment status online, investors simply need to follow a few straightforward steps outlined below:
Laxmi Dental IPO Allotment Status on BSE
Step 1] Visit BSE website on this link – https://www.bseindia.com/investors/appli_check.aspx
Step 2] Select ‘Equity’ in the Issue Type
Step 3] Choose ‘Laxmi Dental Limited’ in the Issue Name dropdown menu
Step 4] Enter either Application No. or PAN
Step 5] Verify by ticking on ‘I am not robot’ and click on ‘Search’
Your Laxmi IPO allotment status will be displayed on the screen.
Laxmi Dental IPO Allotment Status on Link Intime
Step 1] Visit IPO registrar website on this link – https://linkintime.co.in/initial_offer/public-issues.html
Step 2] Choose ‘Laxmi Dental Limited’ in the Select Company dropdown menu
Step 3] Select among PAN, App. No., DP ID or Account No.
Step 4] Enter the details as per the option selected
Step 5] Click on Search
Your Dental IPO allotment status will be displayed on the screen.
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Laxmi Dental IPO GMP Today
Laxmi Dental’s shares are currently experiencing a bullish trend in the unlisted market, accompanied by a respectable grey market premium (GMP). Stock market analysts have reported that the GMP for Laxmi Dental’s IPO today stands at ₹127 per share. This suggests that Laxmi Dental’s shares are being traded at a premium of ₹127 in the grey market compared to their issue price.
Based on today’s GMP for Laxmi Dental’s IPO, it is estimated that the listing price for Laxmi Dental shares would be ₹555 each, representing a premium of 29% over the IPO price of ₹428 per share.