Vasa Denticity IPO GMP, Review, Price, Allotment

0

Last updated on June 2, 2023

Vasa Denticity IPO GMP

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.

Vasa Denticity

Promoters of Vasa Denticity – Dr. Vikas Agarwal, Sandeep Aggarwal, Manish Kumar & Nakul Varshney


Vasa Denticity IPO Details

Vasa Denticity IPO Dates23 – 25 May 2023
Vasa Denticity IPO PriceINR 121 – 128 per share
Fresh issue31,74,000 shares (INR 38.41 – 40.63 crores)
Offer For Sale10,50,000 shares (INR 12.71 – 13.44 crores)
Total IPO size42,24,000 shares (INR 51.11 – 54.07 crores)
Minimum bid (lot size)1,000 Shares (INR 128,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE SME

Vasa Denticity Financial Performance

 FY 2020FY 2021FY 20229M FY 2023
Revenue3,041.84,007.17,692.18,728.6
Expenses3,035.73,973.57,179.58,057.9
Net income9.4432.58540.98501.90
Figures in INR Lakhs unless specified otherwise

Vasa Denticity Offer News


Vasa Denticity Valuations & Margins

FY 2020FY 2021FY 2022
EPS0.080.274.43
PE ratio27.31 – 28.89
RONW (%)34.7154.5090.05
NAV0.220.494.92
ROCE (%)161962
EBITDA (%)0.641.207.64
Debt/Equity (%)2.373.300.54
*Compiled by IPO Central from Prospectus

Vasa Denticity IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
1 Jun 20237065,000
31 May 20237068,00
30 May 20237570,000
29 May 20237068,000
26 May 20235552,000
25 May 20235050,000
24 May 20234042,000
23 May 20233537,000
22 May 20232535,000
20 May 20231830,000
19 May 20231025,000

Vasa Denticity IPO Subscription – Live Updates

CategoryQIBNon retailRetailTotal
Shares Offered802,000818,0001,404,0003,024,000
25 May 202337.26115.1155.8866.96
24 May 20230.541.224.712.66
23 May 20230.050.281.910.98

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: [email protected]
Website: www.hemsecurities.com


Vasa Denticity Offer Registrar

MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase – II, New Delhi -110 020
Telephone: +91-11-2638 7281/82/83
Email: [email protected]
Website: 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 Date23 May 2023
IPO Closing Date25 May 2023
Finalization of Basis of Allotment30 May 2023
Initiation of refunds31 May 2023
Transfer of shares to demat accounts1 June 2023
Vasa Denticity IPO Listing Date2 June 2023
Opening Price on NSE SMEINR 211 per share (up 64.84%)
Closing Price on NSE SMEINR 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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here