Laxmi Dental IPO Share Price Target Tomorrow, 2025, 2026, 2030, 2040, 2050

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Laxmi Dental is an Indian company which makes a wide range of dental products and provides services. Their products include customized crowns, bridges, clear aligners, thermoforming sheets, and items for aligner treatments. They also create special products for children’s dental care. The company manufactures these products in six production facilities.

Laxmi Dental Ltd IPO Details

IPO Open Date:January 13, 2025
IPO Close Date:January 15, 2025
Face Value:₹2 Per Equity Share
Min. Investment13,431
IPO Price Band:₹407 to ₹428 Per Share
Issue Size:Approx ₹698.06 Crores
Fresh Issue:Approx ₹138 Crores
Offer for Sale:Approx ₹560.06 Crores, 1,30,85,467 Equity Shares

What is Laxmi Dental Ltd IPO?

Laxmi Dental Limited started in 2004, is a top dental products company in India. It provides various products like crowns, bridges, clear aligners, sheets for aligners, and dental items for kids. The company has multiple factories and centres in cities like Mumbai, Delhi, Bengaluru, and Ahmedabad. Its main divisions include Illusion Dental Lab, Laxmi Dental Export, Illusion Aligners, Taglus, and Kids-e-Dental.

Laxmi Dental Ltd share price Target Tomorrow

The company makes and sells dental products. If we discuss its performance in the stock market, we should first look at its financials. The company is doing great business, and its finances are very attractive to investors. It has very low debt, which is a positive sign for investors. In FY2021, its profit margin gradually reduced, but after that, the company registered continuous profit. So, in the coming days, you could see a good movement in this stock.

DayMinimum Price (Rs)Maximum Price (Rs)
Tomorrow400520

Laxmi Dental Ltd share price Target 2025

The company is a well-known provider of dental products worldwide and has been in the industry for many years. It has shown strong growth in recent times, with continuous improvement in its revenue and profits, highlighting its potential for the future. The company’s long-term prospects make it a good option for investors looking to grow their investments over time. In 2025, its stock price target would be ₹750 as per our prediction.

As per our analysis, its stock price would be between ₹400 to ₹750 in 2025.

YearMinimum Price (Rs)Maximum Price (Rs)
2025400750
MonthMinimum Price  (Rs)Maximum Price (Rs)
January400550
February438572
March470590
April520600
May545623
June578650
July550660
August590678
September620687
October645698
November670710
December690730

Laxmi Dental Ltd share price Target 2026

The company offers a wide range of dental products and is the only company in India that provides complete dental solutions. Their products include custom-made crowns and bridges, popular items like clear aligners, special sheets for shaping aligners, and other products related to aligners as well as dental products for children. With over 20 years of experience, It is one of the leading dental laboratories in India. It is also a major player in the market for complete dental aligner solutions. The company manufactures its products across multiple facilities. By 2026, its stock price target would be ₹ as per our analysis.

Its stock price would be between ₹690 to ₹1020 in 2026, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
20266901020
MonthMinimum Price  (Rs)Maximum Price (Rs)
January690730
February700748
March733760
April755780
May760790
June777836
July800850
August829864
September845900
October868920
November890960
December9441020

Laxmi Dental Ltd share price Target 2030

The market for custom-made businesses in India is expected to grow a lot in the coming years. Currently, many small, unorganized dental labs don’t always follow quality standards. However, as new rules come into place, the market will likely become more organized, with companies focusing on better quality, efficiency, and customer experience. This company is the largest exporter of custom-made dental products, mainly in the US and UK. The company started as a small dental lab and has now grown into a big dental products business with over 20 years of experience. It works with more than 22,000 dental clinics, companies, and dentists. So by 2030, its stock price target would be ₹2233 as per our expert’s analysis.

According to our expert’s analysis, its stock price would be between ₹1720 to ₹2233 in 2030.

YearMinimum Price (Rs)Maximum Price (Rs)
203017202233
MonthMinimum Price  (Rs)Maximum Price (Rs)
January17201780
February17551860
March17801870
April18101890
May18601930
June18801946
July19001960
August19401978
September19652030
October19902080
November20002155
December21222233

Laxmi Dental Ltd share price Target 2040

The company offers a range of dental products, including custom-made crowns and bridges. These include metal-free options, premium zirconia crowns and bridges called “Illusion Zirconia,” and porcelain fused to metal crowns, bridges, and dentures. Metal-free products make up a large part of their revenue, both in India and internationally. In the previous year the company launched iScanPro, a brand of digital intraoral scanners now used by many dentists. Additionally, dental restoration units made with digital impressions make up a significant portion of the products sold, both in India and abroad. If we talk about its stock price then, according to the current market scenario, its stock price target in 2040, would be ₹4612 as per our prediction.

By 2040, its stock price would be between ₹3800 to ₹4612 in 2040.

YearMinimum Price (Rs)Maximum Price (Rs)
204038004612
MonthMinimum Price  (Rs)Maximum Price (Rs)
January38003870
February38503933
March39003967
April39203980
May39554020
June39804130
July40804235
August41604320
September42354365
October43504480
November44104560
December45304612

Laxmi Dental Ltd share price Target 2050

The company is focused on growing its share in the Indian market. It launched its own clear aligners brand, Illusion Aligners, which became the first Indian brand to receive clearance from the US FDA to sell clear aligners. The company uses a B2B2C business model, selling customized aligner solutions through its Dental Network. This network includes dental clinics and professionals, helping this company reach more customers. By 2050, its stock price target would be ₹8244 as per our expert’s analysis.

According to our expert’s prediction, its stock price will be between ₹7011 to ₹8244 in 2050.

YearMinimum Price (Rs)Maximum Price (Rs)
205070118244
MonthMinimum Price  (Rs)Maximum Price (Rs)
January70117160
February70907210
March71507360
April72507465
May73607540
June74787680
July75607790
August76557846
September77787978
October78608060
November79808168
December80908244

Should I buy Laxmi Dental Ltd stock?

YearMinimum Price  (Rs)Maximum Price (Rs)
2025400750
20266901020
203017202233
204038004612
205070118244

The company could be a good investment because it is a strong player in the growing dental products market. The company has been growing steadily, has low debt, and sells products both in India and abroad, especially in the US and UK. The company is focused on innovation and expanding its product range, which should help it grow in the future.

Laxmi Dental Ltd earning results (Financials)

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales +15092137162194
Expenses +14688130152169
Operating Profit347925
OPM %2%5%5%6%13%
Other Income +20-102-0
Interest33446
Depreciation7681112
Profit before tax-4-4-16-57
Tax %5%8%15%4%-136%
Net Profit +-5-5-19-425
EPS in Rs
Dividend Payout %0%0%0%0%0%

Is Laxmi Dental Ltd stock good to buy? (Bull case & bear case)

Bull Case:

  • It is a well-established company with a good reputation in the dental products industry.
  • The dental market is expected to grow, and LDL is in a strong position to benefit.
  • It has low debt, consistent growth, and a good return on equity (26% over 3 years).
  • The IPO provides a chance to invest in a company with long-term potential.

Bear Case :

  • It faces competition from other companies.
  • Changes in regulations could affect LDL’s growth.
  • The stock price could be unstable after the IPO.
  • The promoter’s holding has decreased by 40% recently, which may raise concerns about their confidence in the company.

Laxmi Dental Ltd IPO Promoter Holding

Rajesh Vrajlal Khakhar, Sameer Kamlesh Merchant and Dharmesh Bhupendra Dattani are the promoters of the company.n

Share Holding Pre-Issue46.56%
Share Holding Post Issue

Objects of the Issue (Laxmi Dental Ltd  IPO Objectives)

  • A portion of the money will be used to repay or prepay some of the company’s outstanding borrowings, either in full or partially, to reduce debt.
  • Some of the funds will be invested in certain subsidiaries to help them repay their outstanding borrowings, either in full or partially.
  • The company will use part of the funds to invest in new machinery, which will help meet the capital expenditure needs for business growth and operations.
  • A portion of the funds will be invested in our subsidiary, Bizdent Devices, to help them with their capital expenditure for buying new machinery to enhance their operations.
  • The remaining funds will be used for other general business needs and corporate activities to support ongoing operations and growth.

Laxmi Dental Ltd IPO GMP

DateIPO GMPKostakSubject to
11 January₹165₹-₹4,000
10 January₹165₹-₹4,000
9 January₹165₹-₹4,000
8 January₹-₹-₹-

Conclusion

Laxmi Dental Ltd offers a solid investment opportunity with steady growth and a strong position in the expanding dental market. The company has low debt and good returns, making it attractive for long-term investors. However, risks include competition, regulatory changes, and potential stock volatility post-IPO. The decrease in promoter holding also raises concerns. Overall, it could be a good investment for those willing to accept these risks.

FAQs

Its P/E ratio is 94.9, as of January 2025.

The promoters of the company are Rajesh Vrajlal Khakhar, Sameer Kamlesh Merchant, and Dharmesh Bhupendra Dattani.

Laxmi Dental Ltd has shown consistent growth, with a positive operating profit margin, low debt, and strong performance in recent years. However, its net profit fluctuated in some years.

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