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Laxmi Dental Ltd

Registered Office: No.103 Akruti Arcade JP Road,Andheri West, Mumbai - 400058, Maharashtra, India. Phone : +91 22 6143 7991 Fax:
Email : co.sec@laxmidentallimited.com
Website :www.laxmidentallimited.com

Initial public offering of up to 16,309,766 equity shares of face value of Rs. 2/- each ("Equity") of Laxmi Dental Limited (the "Company" or the "Issuer") for cash at a price of Rs. 428.00 per equity share including a share premium of Rs. 426.00 per equity share (the "Offer Price") aggregating up to Rs. 698.06 crores (the "Offer"). The offer comprises of a fresh issue of up to 3,224,29 equity shares of face value of Rs. 2/- each by the company aggregating up to Rs. 138.00 crores (the "Fresh Issue") and an offer for sale of up to 13,085,467 equity shares of face value of Rs. 2/- each (the "Offered Shares") aggregating up to Rs. 560.06 crores (the "Offer for Sale"), comprising of up to 196,604 equity shares of face value of Rs. 2/- each aggregating up to Rs. 8.41 crores by Rajesh Vrajlal Khakhar, up to 434,598 equity shares of face value of Rs. 2/- each aggregating up to Rs. 18.60 crores by Sameer Kamlesh Merchant (Together the "Promoter Selling Shareholders"), up to 239,838 equity shares of face value of Rs. 2/- each aggregating up to Rs. 10.26 crores by Jigna Rajesh Khakhar, up to 150,040 equity shares of face value of Rs. 2/- each aggregating up to Rs. 6.42 crores by Hasmukh Vrajlal Khakhar, up to 150,040 equity shares of face value of Rs. 2/- each aggregating up to Rs. 6.42 crores by Amrish Mahendrabhai Desai, up to 150,040 equity shares of face value of Rs. 2/- each aggregating up to Rs. 6.42 crores by parag Jamnadas Bhimjiyani, up to 150,040 equity shares of face value of Rs. 2/- each aggregating up to Rs. 6.42 crores by Kunal Kamlesh Merchant (Together the "Other Selling Shareholders"), up to 11,614,267 equity shares of face value of Rs. 2/- each aggregating up to Rs. 497.09 crores by Orbimed Asia II Mauritius Limited (the "Investor Selling Shareholder") (the Promoter Selling Shareholders, the Investor Selling Shareholder and the Other Selling Shareholders, Collectively Referred to as the "Selling Shareholders") (the "Offer for Sale, and Together with the Fresh Issue, the "Offer"). The offer will constitute 29.67 % of the post-offer paid-up equity share capital of the company. The Issue Price is Rs. 428.00 per equity share of face value of Rs. 2/- each. The issue price is 214 times the face value of the equity shares. Bid can be made for a minimum of 33 equity shares and in multiples of 33 equity shares.

Issue
Opens On	Closes On
13-Jan-25	15-Jan-25

Money Payable On
Application	Allotment
428.00	0.00

Minimum Application for shares in Nos : 33 Further Multiples of : 33

	Cr	Lead Managers to the Issue
Project Cost (.Cr)	128.17	Motilal Oswal Investment Advisors Ltd
Project Financed through Current Offer (.Cr)	698.06
Post Issue Equity Share Capital (.Cr)	10.99
Issue Price ()	428.00

Projects

Repayment/prepayment in full or in part of certain outstanding borrowings availed by the company

Investment in certain subsidiary for the repayment/prepayment in full or in part of certain outstanding borrowings

Funding the capital expenditure requirements for purchase of new machinery for the company

Investment in its subsidiary Bizdent Devices Pvt Ltd for the exp requirements for the purchase of new machinery

General corporate purposes

Promoted By

Rajesh Vrajlal Khakhar

Sameer Kamlesh Merchant

Dharmesh Bhupendra Dattani

Listing At

BSE

NSE

Registrar to the Issue

MUFG Intime India Pvt Ltd