Prevest Denpro Limited IPO
BSE SME₹134,400 / 1600 Shares
Prevest Denpro Limited IPO Details
The Prevest Denpro Limited IPO price band is set between ₹82 to ₹84 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 15 Sep, 2021 and closes on 17 Sep, 2021. Investors can check the allotment status on 22 Sep, 2021, while the listing date is tentatively scheduled for 27 Sep, 2021.
The total issue size is Fresh Issue of 3,168,000 Eq Shares of ₹10 , aggregating up to ₹26.61 Cr. Stay tuned for the latest Prevest Denpro Limited IPO review and GMP updates.
Prevest Denpro Limited IPO Review, Rating & Analysis
Prevest Denpro Limited IPO Review
NO REVIEWPrevest Denpro Limited IPO Rating
Prevest Denpro Limited IPO Highlights
IPO Date
Sep 15, 2021 - Sep 17, 2021
Listing Date
27 Sep, 2021
Face Value
₹10 Per Equity Share
Price Band
₹82 to ₹84 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Prevest Denpro Limited IPO Lot Size
The minimum market lot for Prevest Denpro Limited IPO is 1600 shares with an application amount of ₹1,34,400. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,34,400 |
| Retail (Max) | 1 | 1600 | ₹1,34,400 |
| S-HNI (Min) | 2 | 3200 | ₹2,68,800 |
| S-HNI (Max) | 7 | 11200 | ₹9,40,800 |
| B-HNI (Min) | 8 | 12800 | ₹10,75,200 |
Prevest Denpro Limited IPO Timeline
Issue Price
₹82 to ₹84 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Hem Securities LimitedIssue Size
Fresh Issue of 3,168,000 Eq Shares of ₹10 (aggregating up to ₹26.61 Cr)Prevest Denpro Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 30.69 | 29.51 | 7.43 | - | - | - |
| 31 Mar 20 | 21.07 | 24.55 | 5.00 | - | - | - |
| 31 Mar 19 | 15.34 | 19.77 | 2.99 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.60% |
About Company
Prevest Denpro manufactures and markets a range of dental materials for diagnosing, treating, and preventing dental conditions and improving the aesthetics of the human smile. The company’s product portfolio includes materials for endodontics, prosthodontics, orthodontics, periodontics, restorative dentistry, aesthetic dentistry, and laboratory consumables.
The company's products are sold in around 75 countries and in F.Y. 2020-21, 60.24% of the company’s sales were from markets outside India. The company’s manufacturing facility is located at Kartholi, Samba (Jammu & Kashmir), comprising of over 27,000 sq. ft. area and an installed capacity of 200 MT p.a. for manufacturing of dental materials. The company is also adding another manufacturing facility adjacent to their current manufacturing plant in over 16,000 sq. ft. mainly for producing hygiene, oral care, and bio-materials products.
Prevest Denpro Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 601,600/611,200 | 1,052,800 | 2,265,600 |
Day 1 -15-09-21 05:00 PM | 0.50/0.63 x | 1.33 x | 0.92 x |
Day 2 -16-09-21 05:00 PM | 1.96/3.58 x | 7.93 x | 5.17 x |
Day 3 -17-09-21 05:00 PM | 5.78/79.98 x | 32.87 x | 38.12 x |
Frequently Asked Questions about Prevest Denpro Limited IPO IPO
When will Prevest Denpro Limited IPO open for subscription?
The Prevest Denpro Limited IPO opens on 15 Sep, 2021 and closes on 17 Sep, 2021.
What is the investors portion for Prevest Denpro Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1052800.
How to apply for Prevest Denpro Limited IPO?
You can apply for Prevest Denpro Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Prevest Denpro Limited IPO?
The issue size of Prevest Denpro Limited IPO is approx ₹Fresh Issue of 3,168,000 Eq Shares of ₹10 (aggregating up to ₹26.61 Cr) crores.
What is the price band of Prevest Denpro Limited IPO?
The price band for Prevest Denpro Limited IPO is ₹82 to ₹84 per equity share to ₹undefined.
What is the lot size of Prevest Denpro Limited IPO?
The minimum bid (lot size) for Prevest Denpro Limited IPO is N/A shares with an investment of approx ₹134,400 .
What is the allotment date of Prevest Denpro Limited IPO?
The allotment date for Prevest Denpro Limited IPO is 22 Sep, 2021.
What is the listing date of Prevest Denpro Limited IPO?
The listing date for Prevest Denpro Limited IPO is expected to be 27 Sep, 2021.
What is the GMP of Prevest Denpro Limited IPO?
The latest Grey Market Premium (GMP) for Prevest Denpro Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.