Laxmi Dental IPO allotment today: Here’s how to check the status online on BSE, NSE, Link Intime

Laxmi Dental IPO, a book built 698.06 crore received an overwhelming subscription rate during its three day subscription period. After closing on January 15, the allotment process is now underway. Investors who applied for shares can check their status online through multiple platforms.

Here is everything you need to know about how to check the status of your Laxmi Dental IPO allotment and the key steps to follow:

Via BSE

Visit the official BSE website.

Click on the ‘Investors’ tab.

Under ‘Investor Services,’ select ‘Status of Issue Application.’

Choose ‘Application Status Check’ from the dropdown menu.

Select ‘Equity’ as the issue type.

Enter your PAN number and search for your allotment status.

Once you hit the ‘Search’ button, your allotment status will be displayed.

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Via NSE

If you’re registered with the NSE, these are the steps to follow

Visit the NSE IPO page by clicking here.

Register and log in with your details.

Select ‘Laxmi Dental’ from the list of IPOs.

Fill in your IPO application number to check the status.

Press the ‘Submit’ button, and your allotment status will appear

Via Link Intime

Go to the official Link Intime India website.

Choose Laxmi Dental from the dropdown menu of available companies.

Enter your PAN number, application number, or DP client ID.

Press the ‘Submit’ button, and your allotment status will appear on the screen.

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Laxmi Dental IPO: GMP

Laxmi Dental’s shares are already generating a lot of buzz. As per the latest trend, Laxmi Dental shares are trading at a premium of Rs 126, indicating a potential 29.43% listing gain for investors. However, it is important to note that this is not the official listing price and may fluctuate based in market sentiment.

Laxmi Dental IPO: Key highlights

Laxmi Dental IPO, a mainboard issue, was opened between January 13 and January 15. As per the data, the issue was subscribed 114.14 times. The retail category was subscribed 75.1 times, while QIB and NII categories saw subscriptions of 110.38 and 147.69 times, respectively.

As the IPO proceeds, the company plans to use the funds for debt repayment, capital expenditure, and investments in its subsidiary Bizdent Devices, among other corporate purposes.

The public debut on the BSE and NSE is scheduled for January 20

Laxmi Dental IPO: Lead managers and registrars

The Laxmi Dental IPO is being managed by three main financial firms: Nuvama Wealth Management, Motilal Oswal Investment Advisors, and SBI Capital Markets. These firms are handling the book running for the IPO. Additionally, Link Intime is responsible for managing the allotment process and acting as the registrar for the issue.