Laxmi Dental IPO: OrbiMed-backed ₹698-crore IPO mobilises ₹314 crore from anchor investors ahead of subscription
Live MintLaxmi Dental IPO: Laxmi Dental Ltd mobilised ₹314 crore from anchor investors ahead of its IPO subscription opening for bidding. Laxmi Dental IPO Details Laxmi Dental's IPO includes the issuance of new equity shares worth ₹138 crore, in addition to an offer-for-sale of 1.3 crore shares valued at ₹560.05 crore from existing shareholders, which include promoters Rajesh Vrajlal Khakhar, Sameer Kamlesh Merchant, and the investor OrbiMed Asia II Mauritius. Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited, and SBI Capital Markets Limited are the book-running lead managers for the Laxmi Dental IPO. Laxmi Dental Company Details Laxmi Dental is an end-to-end integrated dental products company with a comprehensive portfolio that includes custom-made crowns and bridges, branded dental products like aligner solutions, and paediatric dental products.