Laxmi Dental Ltd - Prospectus Synopsis

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 [*] 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. [*] per equity share including a share premium of Rs. [*] per equity share (the Offer Price) aggregating up to Rs. [*] crores (the Offer). The offer comprises of a fresh issue of up to [*] 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. [*] crores (the Offer for Sale), comprising of up to 196,604 equity shares of face value of Rs. 2 each aggregating up to Rs. [*] crores by Rajesh Vrajlal Khakhar, up to 434,598 equity shares of face value of Rs. 2 each aggregating up to Rs. [*] 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. [*] crores by Jigna Rajesh Khakhar, up to 150,040 equity shares of face value of Rs. 2 each aggregating up to Rs. [*] crores by Hasmukh Vrajlal Khakhar,up to 150,040 equity shares of face value of Rs. 2 each aggregating up to Rs. [*] crores by Amrish Mahendrabhai Desai, up to 150,040 equity shares of face value of Rs. 2 each aggregating up to Rs. [*] crores by Parag Jamnadas Bhimjiyani, up to 150,040 equity shares of face value of Rs. 2 each aggregating up to Rs. [*] 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. [*] 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 [*]% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 407 to Rs. 428 per equity share of face value of Rs. 2 each. The Floor price is 203.50 times the face value of the equity shares and cap 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.