Vasa Denticity Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,002,000 (47%) | — | ₹2,563 Cr |
| NII (HNI) | — | 602,000 (14%) | — | ₹771 Cr |
| Retail | — | 1,404,000 (33%) | — | ₹1,797 Cr |
| Market Maker | — | 216,000 (5%) | — | ₹28 Cr |
| Σ Total | — | 4,224,000 (100%) | — | ₹54,067 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹128,000 |
| Retail (Max) | 13 | 13,000 | ₹1,664,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,792,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,576,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31-Dec-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 8,757 | 7,714 | 4,018 |
| Profit After Tax | 502 | 541 | 33 |
| Net Worth | 1,103 | 601 | 60 |
| Total Assets | 2,695 | 1,946 | 691 |
| Reserves & Surplus | 1,083 | 581 | 40 |
| Total Borrowing | 266 | 326 | 197 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirements; – 26.00
- Expenditure to enhance visibility and awareness of the brands – 3.00
- General Corporate Purposes – 8.66
Company Overview
Incorporated in 2016, Vasa Denticity Limited is in the business of marketing and distribution of a comprehensive portfolio of Dental Products.
The products of the company include consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions. They work on improving the aesthetics of the human smile through their online portal "Dentalkart.com". To achieve the same goal, these operations are also operated through a website and mobile application by the name - "Dentalkart".
Vasa Denticity operates an online channel offering over 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. A one-stop solution center facilitating online service easily to customers situated in different parts.
Vasa Denticity Limited function through a centralized distribution hub of 13000 sq. ft located in Gurugram, India.
The entity has a portfolio of more than 30 owned brands, which are manufactured/procured from third parties based on the specifications created by them through dedicated research and development team.