Founded in 2016, Vasa Denticity Limited specializes in the marketing and distribution of a wide-ranging portfolio of Dental Products. Their comprehensive offerings encompass consumables, instruments, equipment, and accessories dedicated to diagnosing, treating, and preventing dental conditions. Focused on enhancing the aesthetics of smiles, the company operates through its online portal “Dentalkart.com” and further extends its reach through the website and mobile application called “Dentalkart.”
With an extensive selection of over 300 domestic and international brands and a diverse range of more than 10,000 dental products, Vasa Denticity operates as a one-stop solution center, providing convenient online services to customers across various locations.
The company’s centralized distribution hub, spanning 13,000 sq. ft in Gurugram, India, ensures efficient operations and prompt service delivery. Vasa Denticity Limited boasts a remarkable portfolio of more than 30 owned brands, procured/manufactured in accordance with their specifications, carefully crafted through dedicated research and development efforts.
With a strong commitment to dental care excellence, Vasa Denticity is dedicated to serving dental professionals and customers, providing them with a wide array of high-quality products for superior dental health and aesthetics.
Stock Quote #
- Open: ₹391.00
- High – Low: ₹392.75 – ₹366.50
- Previous Close: ₹391.10
- Total Traded Value: 54,000
- Updated On: Jul 20, 2023 4:00 PM
IPO Details #
| IPO Date | May 23, 2023 to May 25, 2023 |
| Listing Date | Jun 2, 2023 |
| Face Value | ₹10 per share |
| Price | ₹121 to ₹128 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 4,224,000 shares (aggregating up to ₹54.07 Cr) |
| Fresh Issue | 3,174,000 shares (aggregating up to ₹40.63 Cr) |
| Offer for Sale | 1,050,000 shares of ₹10 (aggregating up to ₹13.44 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,842,208 |
| Share holding post issue | 16,016,208 |
| Market Maker portion | 216,000 shares Hem Finlease |
IPO Reservation #
| Anchor Investor Shares Offered | 1,200,000 (28.41%) |
| Market Maker Shares Offered | 216,000 (5.11%) |
| QIB Shares Offered | 802,000 (18.99%) |
| NII (HNI) Shares Offered | 602,000 (14.25%) |
| Retail Shares Offered | 1,404,000 (33.24%) |
| Total Shares Offered | 4,224,000 (100%) |
Vasa Denticity IPO Timetable (Tentative) #
Vasa Denticity IPO opens on May 23, 2023, and closes on May 25, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Tuesday, 23 May 2023 |
| Closing Date | Thursday, 25 May 2023 |
| Basis of Allotment | Tuesday, 30 May 2023 |
| Initiation of Refunds | Wednesday, 31 May 2023 |
| Credit of Shares to Demat | Thursday, 1 June 2023 |
| Listing Date | Friday, 2 June 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 25, 2023 |
IPO Lot Size #
The Vasa Denticity IPO lot size is 1000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹128,000 |
| Retail (Max) | 1 | 1000 | ₹128,000 |
| HNI (Min) | 2 | 2,000 | ₹256,000 |
| Lot Size Calculator | |||
Vasa Denticity IPO Promoter Holding #
Dr. Vikas Agarwal, Sandeep Aggarwal, Manish Kumar and Nakul Varshney are the Promoters of the Company.
| Pre Issue Share Holding | 95.00% |
| Post Issue Share Holding | 69.62% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 481.78 | 3,045.13 | 9.44 | 27.20 | 7.20 | 64.57 |
| 31-Mar-21 | 691.05 | 4,017.72 | 32.58 | 59.78 | 39.78 | 197.24 |
| 31-Mar-22 | 1,945.91 | 7,714.08 | 540.98 | 600.76 | 580.76 | 326.29 |
| 31-Dec-22 | 2,695.18 | 8,757.11 | 501.90 | 1,102.66 | 1,082.66 | 266.31 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
| KPI | Values |
|---|---|
| P/E (x) | 30.62 |
| Market Cap (₹ Cr.) | 205.01 |
| ROE | 0.46% |
| ROCE | 0.54% |
| Debt/Equity | 0.24 |
| EPS (Rs) | 4.43 |
| RoNW | 90.05% |
The Company proposes to utilize the funds which are being raised through the Fresh Issue towards funding the following objects:
- To Meet Working Capital Requirements;
- Expenditure to enhance visibility and awareness of the brands
- General Corporate Purposes;
- To meet Offer Expenses.
Vasa Denticity IPO Subscription Status (Bidding Detail) #
The Vasa Denticity IPO is subscribed 73.14 times on May 25, 2023 7:29:00 PM. The public issue subscribed 58.07 times in the retail category, 37.26 times in the QIB category, and 156.09 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 37.26 |
| NII | 156.09 |
| Retail | 58.07 |
| Total | 73.14 |
Total Application : 81,534 (58.07 times)
Vasa Denticity IPO Prospectus #
- › Vasa Denticity IPO DRHP
- › Vasa Denticity IPO RHP
- › Anchor Investors in Vasa Denticity IPO
Vasa Denticity IPO Listing Details #
| Listing Date | Jun 2, 2023 |
| BSE Script Code | |
| NSE Symbol | DENTALKART |
| ISIN | INE0N5801013 |
| Final Issue Price | ₹128 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹128.00 |
| ₹211.00 |
| ₹211.00 |
| ₹221.55 |
| ₹221.55 |
Company Contact Information
Khasra No. 714, Village,
P.O. Chattarpur,
South Delhi-110074
Phone: +91 85273 60456
Email: cs@dentalkart.com
Website: http://www.dentalkart.com/
Vasa Denticity IPO Registrar #
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
Vasa Denticity IPO Lead Manager(s) #
Vasa Denticity IPO Frequently Asked Questions: #
What is the business of Vasa Denticity Limited? #
Vasa Denticity Limited is in the business of marketing and distribution of a comprehensive portfolio of dental products. The company offers consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions. It operates through an online portal called “Dentalkart.com” and a mobile application named “Dentalkart.”
When is the Vasa Denticity IPO open and close for subscription? #
The Vasa Denticity IPO opened for subscription on May 23, 2023, and closed on May 25, 2023.
What is the IPO price and lot size of Vasa Denticity IPO? #
The IPO price for Vasa Denticity IPO was set in the price band of ₹121 to ₹128 per equity share, and the lot size is 1000 shares.
What is the total issue size and listing date of Vasa Denticity IPO? #
The total issue size of Vasa Denticity IPO is 4,224,000 shares, aggregating up to ₹54.07 crores. The listing date for Vasa Denticity IPO is June 2, 2023.
What are the IPO subscription details for Vasa Denticity IPO? #
The Vasa Denticity IPO received a strong subscription, with qualified institutional buyers (QIBs) subscribing 37.26 times, non-institutional investors (NIIs) subscribing 156.09 times, and retail individual investors (RIIs) subscribing 58.07 times.
How can I apply for Vasa Denticity IPO? #
Retail investors can apply online for Vasa Denticity IPO shares through banks using ASBA (Application Supported by Blocked Amount) or through brokers using UPI (Unified Payments Interface).
Where can I check the Vasa Denticity IPO Allotment status? #
The Vasa Denticity IPO Allotment status can be checked on the official website of the registrar of the issue or on the NSE SME website.
What is the listing date for Vasa Denticity IPO? #
The listing date for Vasa Denticity IPO is June 2, 2023. Regular trading will begin at 10 AM on the listing day.
What is the objective of the Vasa Denticity IPO offer? #
The primary objective of the Vasa Denticity IPO offer is to meet working capital requirements and expenses to enhance the visibility and awareness of the company’s brands.
How has Vasa Denticity performed financially? #
Vasa Denticity has posted an ROE of 45% and ROCE of 53% in the nine months ended December 31, 2022. The company’s topline has grown at a CAGR of 59%, and EBITDA has grown at a CAGR of 410% from FY20 to FY22.
Please note that the information provided in the FAQs is based on the data available as of May 25, 2023. For the latest updates and detailed information, please refer to the official sources and the prospectus of Vasa Denticity IPO.
