Vasa Denticity Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

23 May 2023

Close Date

25 May 2023

Allotment

30 May 2023

Listing Date

02 Jun 2023

Exchange

NSE SME

Price Band

₹128

Listing Price

See chart

Allotment Status

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Price Band

₹128

Per share

Face Value

₹10 per share

Lot Size

1,000 Shares

per lot

Issue Size

42,24,000 shares (aggregating up to ₹54.07 Cr)

Total offering

Issue Type

Book Built Issue

Min Investment

₹128,000

1 lot

Pre-IPO Holding

1,28,42,208 shares

Promoters

Post-IPO Holding

1,60,16,208 shares

Promoters

P/E (Pre)

30.62x

EPS (Pre)

₹4.43

UPI Deadline

2023-05-25

Mandate

Anchor AllotmentMon, 22 May 2023

Basis of AllotmentTue, 30 May 2023

Refund InitiationWed, 31 May 2023

Demat CreditThu, 01 Jun 2023

Listing DayFri, 02 Jun 2023

UPI Mandate Deadline2023-05-25

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public40,08,000 shares (aggregating up to ₹51.30 Cr)

Market Maker Quota2,16,000 shares (aggregating up to ₹2.76 Cr)

Fresh Issue Shares29,58,000 shares (aggregating up to ₹37.86 Cr)

Offer for Sale10,50,000 shares of ₹10 (aggregating up to ₹13.44 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Vasa Denticity Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 May 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	216,000	—	₹2.76
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,224,000	100%	₹54.07

IPO Shares Offered

Vasa Denticity Ltd IPO total issue size: ₹54.07 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	216,000	₹2.76	5.11%
Total	4,224,000	₹54.07	100.00%

* Based on upper price band ₹128 per share

Lot Size & Investment

Lot Size

1,000

Shares per Lot

Issue Price

₹128.00

Upper Band

Min Investment

₹128,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,000	₹256,000
Retail (Max — 13 Lots)	13	13,000	₹1,664,000
S-HNI (Min — 14 Lots)	14	14,000	₹1,792,000
B-HNI (Min — 68 Lots)	68	68,000	₹8,704,000

* Issue Price ₹128 × Lot Size 1,000 shares

IPO Schedule

Anchor

22 May 2023

✓ Done

IPO Open

23 May 2023

✓ Done

IPO Close

25 May 2023

✓ Done

Allotment

30 May 2023

✓ Done

Refunds

31 May 2023

✓ Done

Demat Credit

01 Jun 2023

✓ Done

Listing Day

02 Jun 2023

✓ Done

₹128.00

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Issue ₹128.00 Live Price

About Vasa Denticity Ltd

Incorporated in 2016, Vasa Denticity Limited is in the business of marketing and distribution of a comprehensive portfolio of Dental Products.The products of the company include consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions. They work on improving the aesthetics of the human smile through their online portal "Dentalkart.com". To achieve the same goal, these operations are also operated through a website and mobile application by the name - "Dentalkart".Vasa Denticity operates an online channel offering over 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. A one-stop solution center facilitating online service easily to customers situated in different parts.Vasa Denticity Limited function through a centralized distribution hub of 13000 sq. ft located in Gurugram, India.The entity has a portfolio of more than 30 owned brands, which are manufactured/procured from third parties based on the specifications created by them through dedicated research and development team.

Objects of the Issue

To Meet Working Capital Requirements;

Expenditure to enhance visibility and awareness of the brands

General Corporate Purposes

Vasa Denticity Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹4,017.7

31-Mar-21

₹7,714.1

31-Mar-22

₹8,757.1

31-Dec-22

Profit After Tax (PAT)

₹32.6

31-Mar-21

₹541.0

31-Mar-22

₹501.9

31-Dec-22

Particulars	31-Dec-22	31-Mar-22	31-Mar-21
Revenue from Operations	8757.11	7714.08	4017.72
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	501.90	540.98	32.58
Net Worth	1102.66	600.76	59.78
Total Assets	2695.18	1945.91	691.05
Reserves & Surplus	1082.66	580.76	39.78
Borrowings	266.31	326.29	197.24
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

0.46

RoCE

0.54

RoNW

90.05

Debt/Equity

0.24

Issue Structure & Shareholding

Total Shares Offered42,24,000 (100.00%)

Net Offer to Public40,08,000 shares (aggregating up to ₹51.30 Cr)

Reserved for Market Maker2,16,000 shares (aggregating up to ₹2.76 Cr)

Pre-Issue Promoter Holding1,28,42,208 shares

Post-Issue Promoter Holding1,60,16,208 shares

P/BV RatioN/A

RoE0.46

RoCE0.54

Debt / Equity0.24

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MAS Services Ltd

(011) 2610 414

info@masserv.com

https://www.masserv.com/opt.asp

Check Allotment

Book Running Lead Managers

Hem Securities Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Vasa Denticity Ltd IPO subscribed? ▲

Vasa Denticity Ltd IPO is subscribed 1.00 times by May 25, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Vasa Denticity Ltd IPO retail subscription status? ▼

The Vasa Denticity Ltd IPO retail category is subscribed 1.00 times as of 25 May 2023. The retail portion is oversubscribed.

How to subscribe Vasa Denticity Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 23 May 2023 and closes 25 May 2023. Min investment: ₹128,000 (1 lot = 1,000 shares). UPI mandate: 2023-05-25.

How many times Vasa Denticity Ltd IPO subscribed? ▼

The Vasa Denticity Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Vasa Denticity Ltd IPO allotment? ▼

Check allotment on the registrar website (MAS Services Ltd) at https://www.masserv.com/opt.asp. Enter your PAN, application number or DP/Client ID. Allotment date: 30 May 2023. Refunds: on 31 May 2023.

When Vasa Denticity Ltd IPO will be listed? ▼

The Vasa Denticity Ltd IPO listing date is 02 Jun 2023, Friday. Listed on: NSE SME. Issue price: ₹128. Estimated listing: ₹128. GMP: NIL.

When Vasa Denticity Ltd IPO close? ▼

The Vasa Denticity Ltd IPO closes on 25 May 2023, Thursday. UPI mandate: 2023-05-25. Allotment: 30 May 2023. Listing: 02 Jun 2023.

Quick Actions

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Live Price LIVE

Last Price₹128.00

Change—

Issue Price₹128.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹128

Face Value₹10

Lot Size1,000 Sh

Min. Amount₹128,000

GMPNIL

Est. Listing₹128

Subscribed1.00x

Open Date23 May 2023

Close Date25 May 2023

Allotment30 May 2023

Listing Date02 Jun 2023

ExchangeNSE SME

UPI Deadline2023-05-25