Laxmi Dental Ltd. has announced public offering of 16309767 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 426.00 per share. The gross proceeds of the issue are expected to be Rs 69,805.80 lakhs.

The company's initial public offer (IPO) will open on 13 January 2025 and is expected to close on 15 January 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 407.00-428.00 per share.

The IPO includes a fresh Issue of 16309767 Equity Shares of the Company at an price of Rs 428.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 33 shares with bids in multiples of 33.

Laxmi Dental Ltd. anticipates using the proceeds of the issue for .

as lead manager & is the registrar, to the issue.