Prevest Denpro Limited IPO
BSE SMEListed On: Sep 27, 2021 at ₹ 180.55
₹ 268800
/3200 Shares
*Min Investment
15 Sep, 2021
Open Date17 Sep, 2021
Close Date22 Sep, 2021
Allotment Date27 Sep, 2021
Listing DateIPO Issue Details
- Issue Price ₹82 to ₹84 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price Fresh Issue of 3,168,000 Eq Shares of ₹10 (aggregating up to ₹26.61 Cr)
- Listing at BSE SME
- List Price 180.55
- Listing Date 2021-09-27
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Prevest Denpro Limited IPO is an SME IPO, priced at ₹82 to ₹84 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 15, 2021 to Sep 17, 2021. The allotment is expected to be finalized on Sep 22, 2021, and the tentative listing date is Sep 27, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
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IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 601,600/611,200 | 1,052,800 | 2,265,600 |
|
Day 1
15-09-21 05:00 PM
|
0.50/0.63 x | 1.33 x | 0.92 x |
|
Day 2
16-09-21 05:00 PM
|
1.96/3.58 x | 7.93 x | 5.17 x |
|
Day 3
17-09-21 05:00 PM
|
5.78/79.98 x | 32.87 x | 38.12 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 30.69 | 21.07 | 15.34 |
| Revenue | 29.51 | 24.55 | 19.77 |
| Profit After Tax | 7.43 | 5.00 | 2.99 |
About Company
Prevest Denpro manufactures and markets a range of dental materials for diagnosing, treating, and preventing dental conditions and improving the aesthetics of the human smile. The company’s product portfolio includes materials for endodontics, prosthodontics, orthodontics, periodontics, restorative dentistry, aesthetic dentistry, and laboratory consumables.
The company's products are sold in around 75 countries and in F.Y. 2020-21, 60.24% of the company’s sales were from markets outside India. The company’s manufacturing facility is located at Kartholi, Samba (Jammu & Kashmir), comprising of over 27,000 sq. ft. area and an installed capacity of 200 MT p.a. for manufacturing of dental materials. The company is also adding another manufacturing facility adjacent to their current manufacturing plant in over 16,000 sq. ft. mainly for producing hygiene, oral care, and bio-materials products.
- Promoter(s)
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.60%
IPO - Issue Objectives
Purchase of machineries, equipment’s, and utilities for manufacturing of proposed additional line of products, R&D unit, and existing manufacturing operations.
General Corporate Purpose.
To meet issue expenses.
IPO - FAQs
Ans. Prevest Denpro Limited IPO is a SME IPO. The issue is priced at ₹82 to ₹84 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 15, 2021, and closes on Sep 17, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Prevest Denpro Limited IPO opens on Sep 15, 2021 and closes on Sep 17, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Prevest Denpro Limited IPO is Fresh Issue of 3,168,000 Eq Shares of ₹10 (aggregating up to ₹26.61 Cr).
Ans. The Prevest Denpro Limited IPO price band is set between ₹82 to ₹84 per equity share.
Ans. To apply for Prevest Denpro Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Prevest Denpro Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Prevest Denpro Limited IPO is Sep 22, 2021.
Ans. The Prevest Denpro Limited IPO will be listed on Sep 27, 2021.
Ans. Follow the steps to check the Prevest Denpro Limited IPO allotment status online.