Laxmi Dental IPO Subscription History

As of January 15, 2025, the Laxmi Dental IPO has been subscribed 114.42 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.

The Laxmi Dental IPO subscription window was open from January 13, 2025 to January 15, 2025. Investors could apply through their demat account or ASBA facility.

The Laxmi Dental IPO has a price band of ₹407 to ₹428 per share, with a lot size of 33 shares. Minimum retail investment: ₹13,431 (lower band) or ₹14,124 (upper band).

The QIB category has been subscribed 110.38 times. QIBs were offered 4,892,931 shares. Strong QIB subscription indicates high institutional confidence.

Retail investors subscribed 76.23 times. Retail was offered 1,630,976 shares. High retail subscription reflects strong small-investor interest.

Overall NII: 147.95×. bNII (>₹10L): 167.68×, sNII (<₹10L): 108.49×. NII includes HNIs and corporate entities investing above ₹2 lakh.

Basis of allotment is on January 16, 2025. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

Laxmi Dental IPO is expected to list on January 20, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

A subscription multiple of 114.42× means investors have bid for 114.42 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

Based on the current retail subscription of 76.23×, the estimated allotment probability for retail investors is Low. Lottery-based; ~1 lot if allotted. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

You can apply for Laxmi Dental IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jan 13 to Jan 15, 2025.

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Laxmi Dental IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.