Laxmi Dental made a strong debut on the BSE, listing at RS 528.00, which is 23.36% or 100 points above its issue price of RS 428.00.

Currently, the stock is trading at RS 538.85, marking a rise of 25.90% or 110.85 points from the issue price. It has reached an intraday high of RS 559.40 and a low of RS 524.80, with a total of 5.35 lakh shares changing hands so far.

The IPO, open for subscription between January 13 and January 15, 2024, received an overwhelming response, being subscribed 114.14 times. The issue price was set at RS 428 per share, the upper limit of the price band of RS 407-428.

Laxmi Dental is a fully integrated dental products firm offering a range of solutions, including custom-made crowns and bridges, branded clear aligners, thermoforming sheets, aligner-related products, and specialized paediatric dental items.