Laxmi Dental IPO Subscription Status
Laxmi Dental IPO was subscribed 114.14 times when bidding closed on 15 Jan 2025: QIB 110.38x, NII 147.69x, Retail 75.1x.
The Laxmi Dental IPO has been subscribed 114.14x times overall. Retail investors have shown interest with bids for 75.1x the shares available. The Non-Institutional Investor (NII) category has been subscribed 147.69x. Within NII, Big HNI (B-HNI) subscribed 167.68x and Small HNI (S-HNI) subscribed 107.7x. Qualified Institutional Buyers (QIBs) have subscribed 110.38x. Data last updated on 10 Nov, 05:58 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 13 Jan, 2025 and closes on 15 Jan, 2025. The shares are expected to list on stock exchanges on 20 Jan, 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 110.38x |
| NII | - of - - | 147.69x |
bHNI — bid amount above ₹10 Lakh |
- - | 167.68 |
sHNI — bid amount ₹2–10 Lakh |
- - | 107.7 |
| Retail | - of - - | 75.1x |
| TOTAL | - 32,27,049 applications - | 114.14x |
Laxmi Dental IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹428.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 63.10x subscribed | 32,27,049 | 54,550 | 1 out of 591 out of 59 |
Laxmi Dental IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 76 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 110.38x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
15 Jan 2025
Day 3 |
114.14x | ▼ | |
|
QIB110.38x
BHNI167.68x
SHNI107.7x
Retail75.1x
|
|||
|
14 Jan 2025
Day 2 |
16.03x | ▼ | |
|
QIB0.84x
BHNI39.38x
SHNI33.49x
Retail29.51x
|
|||
|
13 Jan 2025
Day 1 |
5.3x | ▼ | |
|
QIB0.13x
BHNI10.58x
SHNI11.45x
Retail12.48x
|
|||
Laxmi Dental IPO dates
From the bidding window 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
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Laxmi Dental IPO?
As of IPO close date (15 Jan, 2025), the Laxmi Dental IPO is subscribed 114.14x times. Retail category is 75.1x, and NII is 147.69x subscribed.
When is the allotment date for Laxmi Dental IPO?
The allotment for Laxmi Dental IPO is expected to be finalized on 16 January, 2025.
What is the GMP of Laxmi Dental?
The Grey Market Premium (GMP) for Laxmi Dental is currently ₹130, indicating a potential listing gain of 30%.
When will Laxmi Dental IPO list on the stock market?
Laxmi Dental is scheduled to list on BSE and NSE on 20 January, 2025.
What are the chances of getting allotment in Laxmi Dental IPO?
The retail category is oversubscribed at 75.1x, meaning allotment is by lottery. Statistically, approximately 1 in 76 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 110.38x mean for Laxmi Dental IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 110.38x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Laxmi Dental IPO allotment status?
After the allotment date (16 Jan, 2025), you can check your Laxmi Dental IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Laxmi Dental IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
