Laxmi Dental IPO GMP History
Laxmi Dental IPO has been listed on January 20, 2025 at a listing price of ₹542, against the issue price of ₹428 — a gain of ₹114 (+26.64%). The GMP peaked at ₹160 on 9 January 2025 and reached a low of ₹105 on 17 January 2025. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Laxmi Dental IPO raised ₹698.06 Cr. through its IPO at a price band of ₹407 to ₹428 per share, with a lot size of 33 shares. The IPO was open for subscription from 13 Jan 2025 to 15 Jan 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 5:58 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 18 Jan 2025 | ₹ 130 | ▲ | 30% | — | — |
| 17 Jan 2025 | ₹ 105 | ▼ | 25% | — | — |
| 15 Jan 2025 | ₹ 124 | ▼ | 29% | — | — |
| 14 Jan 2025 | ₹ 135 | ▲ | 32% | — | — |
| 13 Jan 2025 | ₹ 115 | ▼ | 27% | — | — |
| 12 Jan 2025 | ₹ 140 | — | 33% | — | — |
| 11 Jan 2025 | ₹ 140 | ▼ | 33% | — | — |
| 09 Jan 2025 | ₹ 160 | ▲ | 37% | — | — |
| 08 Jan 2025 | ₹ 150 | — | 35% | — | — |
Laxmi Dental IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 13 Jan 2025
- Close 15 Jan 2025
- Allotment 16 Jan 2025
- Refund/credit 17 Jan 2025
- Listing 20 Jan 2025
Laxmi Dental IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹428 |
|---|---|
| GMP-based estimate (pre-listing) | ₹558 (+30.4%) |
| Listing gain / loss | +₹114 per share |
| Listing date | 20 Jan, 2025 |
| Actual listing price | ₹542 (+26.64%) |
Is Laxmi Dental IPO GMP reliable?
Grey market premium for Laxmi Dental IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Laxmi Dental IPO full review for a fundamentals-based assessment before making any grey market trades.
Laxmi Dental IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Laxmi Dental IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Laxmi Dental IPO
Laxmi Dental Limited was incorporated in July 2004. It runs an integrated model that covers design, manufacturing and distribution of dental products. The range includes custom crowns and bridges, clear aligners and paediatric dental products.
Under the Taglus brand it sells thermoforming sheets, 3D printing resins and machines used to make clear aligners.
On 30 September 2024 the company had six manufacturing facilities. Three were at Mira Road in Mumbai, two at Boisar and one at Kochi. It also had five supporting facilities in Mumbai, Delhi, Bengaluru and Ahmedabad.
The company exports to over 90 countries and had 2,372 employees on 30 September 2024. The IPO was Rs 698.06 crore, of which Rs 138.00 crore was fresh issue and Rs 560.06 crore was offer for sale.
Frequently asked
What is the GMP of Laxmi Dental IPO?
The current Grey Market Premium (GMP) of Laxmi Dental IPO is ₹ 130.
What is the Kostak Price of Laxmi Dental IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Laxmi Dental IPO is not available.
What is the Subject to Sauda Price of Laxmi Dental IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Laxmi Dental IPO?
Laxmi Dental IPO listed on January 20, 2025 at ₹542, against the issue price of ₹428 — a gain of +26.64%.
How did the GMP of Laxmi Dental IPO trend before listing?
The GMP of Laxmi Dental IPO was rising in its final days before listing. The GMP peaked at ₹160 on 9 January 2025. View the day-wise table above for the complete GMP history.
Explore Laxmi Dental IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
