Laxmi Dental Limited IPO Subscriptions Status Live Today
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Laxmi Dental Limited IPO Details
|
Issue Open |
13 January 2025 |
|
Issue Close |
15 January 2025 |
|
IPO Price |
₹407 - ₹428 per
equity share |
|
Face Value |
₹2 per equity share |
|
IPO Size |
₹698.06 Cr. |
|
Listing At |
NSE, BSE |
|
IPO Lot
Size |
33 shares |
IPO Investor Categories
• Qualified Institutional Buyers (QIB)- Qualified institutional buyers (QIBs) are
large investors with investment expertise, such as mutual funds, insurance
companies, pension funds and hedge funds, who are considered to have the
expertise and resources to evaluate investment opportunities - it requires
standards to be met, and retail investors are allowed to bid shares at prices
below the offer price.
• Non-Institutional Investors (NII) - Non-institutional investors (NIIs), on the
other hand, generally consist of individual investors, high net worth
individuals (HNIs), or companies that do not meet the financial criteria a be
classified as QIBs and allowed to participate in IPOs at the same price as
retail investors.
NII category has two subcategories:
1. sNII - "sNII" means "small non-institutional
investor". This sub-category includes investors who have created shares of
Rs. 2 lakh and Rs. 10 lakh in IPO.
2. bNII - "bNII" means "large non-institutional
investor". This sub-category includes investors who have created shares
worth more than Rs. 10 lakh in IPO.
• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are
individual investors who apply for shares worth up to Rs. 2 lakh in IPOs, aimed
at encouraging retail participation in IPOs.
• Employee (EMP)- The employee (EMP) category in an IPO is reserved
for employees, directors and associate employees of the issuing company, and
the issuing company and the IPO's chief executive officer determine the
allocation of shares in this category
• Others- An eligible group of shareholders or other investors with investments in an IPO.
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