Laxmi Dental IPO Share Price Target Tomorrow, 2025, 2026, 2030, 2040, 2050
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
Contents
- 1 Laxmi Dental Ltd IPO Details
- 2 What is Laxmi Dental Ltd IPO?
- 3 Laxmi Dental Ltd share price Target Tomorrow
- 4 Laxmi Dental Ltd share price Target 2025
- 5 Laxmi Dental Ltd share price Target 2026
- 6 Laxmi Dental Ltd share price Target 2030
- 7 Laxmi Dental Ltd share price Target 2040
- 8 Laxmi Dental Ltd share price Target 2050
- 9 Should I buy Laxmi Dental Ltd stock?
- 10 Laxmi Dental Ltd earning results (Financials)
- 11 Is Laxmi Dental Ltd stock good to buy? (Bull case & bear case)
- 12 Laxmi Dental Ltd IPO Promoter Holding
- 13 Objects of the Issue (Laxmi Dental Ltd IPO Objectives)
- 14 Laxmi Dental Ltd IPO GMP
- 15 Conclusion
- 16 FAQs
IPO Open Date: | January 13, 2025 |
IPO Close Date: | January 15, 2025 |
Face Value: | ₹2 Per Equity Share |
Min. Investment | 13,431 |
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.
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.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | 400 | 520 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 400 | 750 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 400 | 550 |
February | 438 | 572 |
March | 470 | 590 |
April | 520 | 600 |
May | 545 | 623 |
June | 578 | 650 |
July | 550 | 660 |
August | 590 | 678 |
September | 620 | 687 |
October | 645 | 698 |
November | 670 | 710 |
December | 690 | 730 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 690 | 1020 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 690 | 730 |
February | 700 | 748 |
March | 733 | 760 |
April | 755 | 780 |
May | 760 | 790 |
June | 777 | 836 |
July | 800 | 850 |
August | 829 | 864 |
September | 845 | 900 |
October | 868 | 920 |
November | 890 | 960 |
December | 944 | 1020 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 1720 | 2233 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1720 | 1780 |
February | 1755 | 1860 |
March | 1780 | 1870 |
April | 1810 | 1890 |
May | 1860 | 1930 |
June | 1880 | 1946 |
July | 1900 | 1960 |
August | 1940 | 1978 |
September | 1965 | 2030 |
October | 1990 | 2080 |
November | 2000 | 2155 |
December | 2122 | 2233 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 3800 | 4612 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 3800 | 3870 |
February | 3850 | 3933 |
March | 3900 | 3967 |
April | 3920 | 3980 |
May | 3955 | 4020 |
June | 3980 | 4130 |
July | 4080 | 4235 |
August | 4160 | 4320 |
September | 4235 | 4365 |
October | 4350 | 4480 |
November | 4410 | 4560 |
December | 4530 | 4612 |
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.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 7011 | 8244 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 7011 | 7160 |
February | 7090 | 7210 |
March | 7150 | 7360 |
April | 7250 | 7465 |
May | 7360 | 7540 |
June | 7478 | 7680 |
July | 7560 | 7790 |
August | 7655 | 7846 |
September | 7778 | 7978 |
October | 7860 | 8060 |
November | 7980 | 8168 |
December | 8090 | 8244 |
Should I buy Laxmi Dental Ltd stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 400 | 750 |
2026 | 690 | 1020 |
2030 | 1720 | 2233 |
2040 | 3800 | 4612 |
2050 | 7011 | 8244 |
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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 150 | 92 | 137 | 162 | 194 |
Expenses + | 146 | 88 | 130 | 152 | 169 |
Operating Profit | 3 | 4 | 7 | 9 | 25 |
OPM % | 2% | 5% | 5% | 6% | 13% |
Other Income + | 2 | 0 | -10 | 2 | -0 |
Interest | 3 | 3 | 4 | 4 | 6 |
Depreciation | 7 | 6 | 8 | 11 | 12 |
Profit before tax | -4 | -4 | -16 | -5 | 7 |
Tax % | 5% | 8% | 15% | 4% | -136% |
Net Profit + | -5 | -5 | -19 | -4 | 25 |
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-Issue | 46.56% |
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
Date | IPO GMP | Kostak | Subject 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.