Comparison between Denta Water IPO and Laxmi Dental IPO.
Denta Water IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Laxmi Dental IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Denta Water IPO is up to ₹220.50 Cr whereas the issue size of the Laxmi Dental IPO is up to ₹698.06 Cr. The final issue price of Denta Water IPO is ₹294.00 per share and of Laxmi Dental IPO is ₹428.00 per share.
| Denta Water IPO | Laxmi Dental IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹279.00 per share | ₹407.00 per share |
| Issue Price (Upper) | ₹294.00 per share | ₹428.00 per share |
| Issue Price (Final) | ₹294.00 per share | ₹428.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 50 shares | 33 shares |
| Fresh Issue Size | 75,00,000 shares | 32,24,299 shares |
| Fresh Issue Size (Amount) | up to ₹220.50 Cr | up to ₹138.00 Cr |
| OFS Issue Size | 0 shares | 1,30,85,467 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹560.06 Cr |
| Issue Size Total | 75,00,000 shares | 1,63,09,766 shares |
| Issue Size Total (Amount) | up to ₹220.50 Cr | up to ₹698.06 Cr |
Denta Water IPO opens on Jan 22, 2025, while Laxmi Dental IPO opens on Jan 13, 2025. The closing date of Denta Water IPO and Laxmi Dental IPO is Jan 24, 2025, and Jan 15, 2025, respectively.
| Denta Water IPO | Laxmi Dental IPO | |
|---|---|---|
| Anchor Bid Date | Jan 21, 2025 | Jan 10, 2025 |
| Issue Open | Jan 22, 2025 | Jan 13, 2025 |
| Issue Close | Jan 24, 2025 | Jan 15, 2025 |
| Basis Of Allotment (Tentative) | Jan 27, 2025 | Jan 16, 2025 |
| Initiation of Refunds (Tentative) | Jan 28, 2025 | Jan 17, 2025 |
| Credit of Share (Tentative) | Jan 28, 2025 | Jan 17, 2025 |
| Listing date (Tentative) | Jan 29, 2025 | Jan 20, 2025 |
| Anchor Lockin End date 1 | Feb 26, 2025 | Feb 14, 2025 |
| Anchor Lockin End date 2 | Apr 27, 2025 | Apr 15, 2025 |
Denta Water IPO P/E ratio is 9.45, as compared to Laxmi Dental IPO P/E ratio of 87.77.
| Denta Water IPO | Laxmi Dental IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 46.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.91 | 41.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.45 | 87.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹784.98 Cr. | ₹2352.38 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.36% | 78.78% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 76.99% | 19.97% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.01 | 0.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹31.11 | ₹4.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.36% | 78.78% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Denta Water IPO Retail Individual Investors (RII) are offered 26,25,000 shares while in Laxmi Dental IPO retail investors are offered 26,25,000 shares. Qualified Institutional Buyers (QIB) are offered 15,00,000 shares in Denta Water IPO and 48,92,931 shares in Laxmi Dental IPO.
| Denta Water IPO | Laxmi Dental IPO | |
|---|---|---|
| Anchor Investor Reservation | 22,50,000 shares | 73,39,395 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 15,00,000 shares | 48,92,931 shares |
| NII | 11,25,000 shares | 24,46,464 shares |
| RII | 26,25,000 shares | 16,30,976 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 75,00,000 shares | 1,63,09,766 shares |
Denta Water IPO subscribed 221.54x in total, whereas Laxmi Dental IPO subscribed 114.14x.
| Denta Water IPO | Laxmi Dental IPO | |
|---|---|---|
| QIB (times) | 236.94x | 110.38x |
| NII (times) | 507.07x | 147.69x |
| Big NII (times) | 556.49x | 167.68x |
| Small NII (times) | 408.23x | 107.70x |
| RII (times) | 90.38x | 75.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 221.54x | 114.14x |
