Laxmi Dental IPO
Laxmi Dental IPO is a mainboard IPO raising ₹698 Cr at ₹407 – ₹428 a share. It listed on 20 Jan 2025 and trades at ₹214 today, −49.9% against its issue price of ₹428. It was subscribed 114× in total.
114.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 48,92,931 | 54,00,81,366 | 110× |
| Foreign Institutional Investors | no separate quota | 13,34,14,644 | n/a |
| Domestic Financial Institutions | no separate quota | 17,79,05,739 | n/a |
| Mutual funds | no separate quota | 3,61,06,917 | n/a |
| Others | no separate quota | 19,26,54,066 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 24,46,464 | 36,19,65,549 | 148× |
| Non Institutional Investors | 16,30,976 | 27,34,89,216 | 168× |
| Corporates | no separate quota | 22,08,525 | n/a |
| Individuals | no separate quota | 25,81,16,760 | n/a |
| Others | no separate quota | 1,31,63,931 | n/a |
| Non Institutional Investors | 8,15,488 | 8,84,76,333 | 108× |
| Corporates | no separate quota | 1,29,624 | n/a |
| Individuals | no separate quota | 8,42,75,037 | n/a |
| Others | no separate quota | 40,71,672 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 16,30,976 | 12,43,37,400 | 76× |
| Cut Off | no separate quota | 10,60,52,166 | n/a |
| Price bids | no separate quota | 1,82,85,234 | n/a |
| Total | 89,70,371 | 1,02,63,84,315 | 114× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:32 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.