Vasa Denticity IPO description – Incorporated in 2016, Vasa Denticity is in the business of marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through its online portal ‘Dentalkart.com’. The same is operated through its website and mobile application ‘Dentalkart’.
The company operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. In FY 2021-22, it delivered over 2 lakhs orders in all 28 states and 6 Union Territories of India.
Vasa Denticity operates through a centralized distribution hub of 13000 sq. ft located in Gurugram, India. The company also has a portfolio of more than 30 owned brands, which are manufactured/procured from third parties based on the specifications built by it through dedicated research and development team.
Promoters of Vasa Denticity – Dr. Vikas Agarwal, Sandeep Aggarwal, Manish Kumar & Nakul Varshney
Vasa Denticity IPO Details
| Vasa Denticity IPO Dates | 23 – 25 May 2023 |
| Vasa Denticity IPO Price | INR 121 – 128 per share |
| Fresh issue | 31,74,000 shares (INR 38.41 – 40.63 crores) |
| Offer For Sale | 10,50,000 shares (INR 12.71 – 13.44 crores) |
| Total IPO size | 42,24,000 shares (INR 51.11 – 54.07 crores) |
| Minimum bid (lot size) | 1,000 Shares (INR 128,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Vasa Denticity Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | 9M FY 2023 |
| Revenue | 3,041.8 | 4,007.1 | 7,692.1 | 8,728.6 |
| Expenses | 3,035.7 | 3,973.5 | 7,179.5 | 8,057.9 |
| Net income | 9.44 | 32.58 | 540.98 | 501.90 |
Vasa Denticity Offer News
- Vasa Denticity RHP
- Vasa Denticity Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Vasa Denticity Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.08 | 0.27 | 4.43 |
| PE ratio | – | – | 27.31 – 28.89 |
| RONW (%) | 34.71 | 54.50 | 90.05 |
| NAV | 0.22 | 0.49 | 4.92 |
| ROCE (%) | 16 | 19 | 62 |
| EBITDA (%) | 0.64 | 1.20 | 7.64 |
| Debt/Equity (%) | 2.37 | 3.30 | 0.54 |
Vasa Denticity IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 1 Jun 2023 | 70 | – | 65,000 |
| 31 May 2023 | 70 | – | 68,00 |
| 30 May 2023 | 75 | – | 70,000 |
| 29 May 2023 | 70 | – | 68,000 |
| 26 May 2023 | 55 | – | 52,000 |
| 25 May 2023 | 50 | – | 50,000 |
| 24 May 2023 | 40 | – | 42,000 |
| 23 May 2023 | 35 | – | 37,000 |
| 22 May 2023 | 25 | – | 35,000 |
| 20 May 2023 | 18 | – | 30,000 |
| 19 May 2023 | 10 | – | 25,000 |
Vasa Denticity IPO Subscription – Live Updates
| Category | QIB | Non retail | Retail | Total |
| Shares Offered | 802,000 | 818,000 | 1,404,000 | 3,024,000 |
| 25 May 2023 | 37.26 | 115.11 | 55.88 | 66.96 |
| 24 May 2023 | 0.54 | 1.22 | 4.71 | 2.66 |
| 23 May 2023 | 0.05 | 0.28 | 1.91 | 0.98 |
Vasa Denticity Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai-400013, Maharashtra
Phone: +91- 022- 49060000
Email:Â [email protected]
Website:Â www.hemsecurities.com
Vasa Denticity Offer Registrar
MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase – II, New Delhi -110 020
Telephone:Â +91-11-2638 7281/82/83
Email:Â [email protected]
Website:Â www.masserv.com
Vasa Denticity Contact Details
VASA DENTICITY LIMITED
Khasra No. 714, Village, P.O. Chattarpur,
South Delhi-110074, Delhi, India
Phone: +91 85273 60456
E-mail: [email protected]
Website: www.dentalkart.com
Vasa Denticity IPO Allotment Status
Vasa Denticity IPO allotment status is now available on Mas Services’ website. Click on Mas Services IPO weblink to get allotment status.
Vasa Denticity IPO Dates & Listing Performance
| IPO Opening Date | 23 May 2023 |
| IPO Closing Date | 25 May 2023 |
| Finalization of Basis of Allotment | 30 May 2023 |
| Initiation of refunds | 31 May 2023 |
| Transfer of shares to demat accounts | 1 June 2023 |
| Vasa Denticity IPO Listing Date | 2 June 2023 |
| Opening Price on NSE SME | INR 211 per share (up 64.84%) |
| Closing Price on NSE SME | INR 221.55 per share (up 73.09%) |
Vasa Denticity IPO FAQs
What is the Vasa Denticity offer size?
Vasa Denticity offer size is INR 51.11 – 54.07 crores.
What is the Vasa Denticity IPO Price Band?
Vasa Denticity public offer price is INR 121 – 128 per share.
What is the lot size of the Vasa Denticity IPO?
Vasa Denticity offer a lot size is 1,000 shares.
What is Vasa Denticity IPO GMP today?
Vasa Denticity IPO GMP today is INR 70 per share.
What is the Vasa Denticity kostak rate today?
Vasa Denticity kostak rate today is NA per application.
What is Vasa Denticity Subject to Sauda rate today?
Vasa Denticity Subject to Sauda rate today is INR 65,000 per application.
