June 2, 2023
admin
Vasa Denticity IPO Particulars & Guidance at Chanakyanipothi.com,
the Oldest & the most Trusted Investment Website in India for coming up IPOs. Operational since 8th December 1999, this is the Only Investment Platform in India, which has successfully completed 23 Years.
Vasa Denticity IPO Review:
The company is business of marketing and distribution of a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories through its online portal “Dentalkart.com”. In the year previous to the IPO, the company has shown good profits and considering the said profits, the pricing appears to be reasonable. The lead manager is known for positive listings. Grey market shows strong fancy. Small applications may be made.
What is the GMP of Vasa Denticity IPO?
Click for latest GMP
Vasa Denticity IPO Subscription Status
On 25 May 2023 @ 5.00 (Closed)
QIB: 802000 Shares 37.26 T
NII: 818000 Shares 115.13 T
RII: 1404000 Shares 58.07T
Total: 3024000 Shares 67.99 T
Vasa Denticity IPO Particulars & Guidance:
About the business
Vasa Denticity is in the business of marketing and distribution of 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 our website and mobile application “Dentalkart”. It operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. In F.Y. 2021-22, it has delivered over 2 lakhs orders in all the 28 states and 6 Union Territories of India.
The Company operates through a centralized distribution hub of 13000 sq. ft located in Gurugram, India. Through its website and mobile application – “Dentalkart.com”, it sells a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.
Apart from third party brands, it also markets and sells under its own private label portfolio of cost-effective, high-quality dental products in the areas of orthodontics, endodontics and oral surgery such as Metal Bracket Kit, EDTA (Ethylenediaminetetraacetic acid), dental enstrument etc.
The breadth and depth of its products offerings address majority of the dentists’ clinical needs for dental materials.It also has a portfolio of more than 30 owned brands, which are manufactured/procured from third parties based on the specifications built by us through its dedicated research and development team. For sourced products, it has dedicated team to undertake inspection and ensure that such products are built to suit its specifications in terms of design and quality. Its owned brands are available on its online channels, as well as at third party platforms such as Amazon and Flipkart. It also provides after sales service in relation to its products. It is accomplished to deliver the products across India and overseas with the help of its dedicated fulfillment center in Gurugram and third-party logistics services.
Get more information about the company @ http://www.dentalkart.com/
| Vasa Denticity IPO Details | |
| IPO opens on Tentative | 23 May 2023 |
| IPO closes on | 25 May 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 4224000 Sh /Rs 54.07Cr |
| * Fresh Issue | 3174000 Sh /Rs 40.63 Cr |
| * Offer for Sale | 1050000 Sh /Rs 13.44 Cr |
| Face Value per share: | Rs. 10 |
| Price Band | Rs.121-128 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1000 Shares |
| Listing will at | NSE SME |
| Shares offered to | ||
| Shares | Rs. (Cr) | |
| QIB (50%) | 2112000 | 27.03 |
| NII (15%) | 633600 | 08.12 |
| RII (35%) | 1478400 | 18.92 |
| Total Shares | 4224000 | 54.07 |
| Retail portion will be oversubscribed by | 4224 | |
| Forms | ||
| How much Shares to Apply in Vasa Denticity IPO? | ||
| Min Retail Application | 1000 Sh | Rs. 128000 |
| Min HNI Application | 2000 Sh | Rs. 256000 |
Who are the Promoters of Vasa Denticity IPO?
Dr. Vikas Agarwal, Sandeep Aggarwal, Manish Kumar and Nakul Varshney
What are the Objects of Vasa Denticity IPO?
The Company proposes to utilize the Net Proceeds from the Issue
1.To Meet Working Capital Requirements
2.Expenditure to enhance visibility and awareness of the brands
| IPO Tentative timetable | |
| IPO opens on | 23 May 2023 |
| IPO Closes on | 25 May 2023 |
| IPO Allotment on | 30 May 2023 |
| Unblocking of ASBA | 31 May 2023 |
| Credit of Shares | 1 June 2023 |
| Listing on | 2 June 2023 |
| Registered Office of the Company Khasra No. 714, Village, P.O. Chattarpur, South Delhi-110074 |
| Who are the Lead Managers of Vasa Denticity IPO? |
| Hem Securities Limited. |
| Who is the Registrar to IPO? |
| Mas Services Limited |
| IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2019-20 | 30.45 | 0.09 | 0.08 | 34.71 |
| 2020-21 | 40.18 | 0.33 | 0.27 | 54.50 |
| 2021-22 | 77.14 | 5.41 | 4.43 | 90.05 |
| Book Value of the Share on | 31.03.2022 | Rs.4.92 | ||
| Book Value of the Share | after the IPO | Rs.33.81 | ||
| Offer Price | Rs. 128 | |||
| Vasa Denticity IPO Key Performance indicators |
|
| Upper Price/last EPS | 23.66 |
| Upper price/BV Ratio | 26 |
| Upper price/BV after IPO | 3.79 |
–
IPO Particulars & Guidance
Peer Comparison:
| As on date of DRHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
| The IPO Company | 10 | 76.92 | 23.66 |
| Prevest Dentpro | 10 | 39.73 | 34.92 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
>>Go to Mainboard IPOs Section: Click
>>Get Good Staff or Job, Click: Staffavailable.com
>>Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>>Get solid Guidance on Mutual fund Investments, Click: ChanakyaMFGuidance.com
>>Study Stock Research Reports, Click: AnalysisLibrary.com
>>Interested in Crossword Puzzles? Click: Magajmari.com
Plz check the Retail lot size not 100 share in Vasa denticity ipo
Thanks. corrected