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Mumbai
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400058,
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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.
Opens On
Closes On
Application
Allotment
13-Jan-25
15-Jan-25
428.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
33
Further Multiples of :
33
(Rs.Cr)
Lead Managers to the Issue
Project Cost
128.17
Motilal Oswal Investment Advisors Ltd
Project Financed through Current Offer
698.06
Post Issue Equity Share Capital
10.99