Prevest Denpro Limited IPO

BSE SME

Listed On: Sep 27, 2021 at ₹ 180.55

₹ 134400 /1600 Shares

Check Allotment

IPO Details

15 Sep, 2021

Open Date

17 Sep, 2021

Close Date

22 Sep, 2021

Allotment Date

27 Sep, 2021

Listing Date

Issue Price

₹82 to ₹84 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

180.55

Listing Date

2021-09-27

Market Lot

1600 Shares (₹134,400/-)

Lead Manager

Hem Securities Limited

Issue Size

Fresh Issue of 3,168,000 Eq Shares of ₹10 (aggregating up to ₹26.61 Cr)

Retail Portion

N/A

Subscription

38.12 times

IPO Docs

DRHP RHP

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

Valuations

Earnings Per Share (EPS)

₹6.2/-

P/E Ratio

13.55

RoNW

32.71

Net Asset Value (NAV) - Post Issue

₹25.74/-

Company Financials All values are in ₹ Cr.

	31-Mar-21	31-Mar-20	31-Mar-19
Assets	30.69	21.07	15.34
Revenue	29.51	24.55	19.77
Profit After Tax	7.43	5.00	2.99

About The 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.

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.60%

Company Promoter(s)

IPO - Issue Objectives

Purchase of machineries, equipment’s, and utilities for manufacturing of proposed additional line of products, R&D unit, and existing manufacturing operations.
General Corporate Purpose.
To meet issue expenses.

IPO - FAQs

Ans. Prevest Denpro Limited IPO is a SME IPO. The issue is priced at ₹82 to ₹84 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 15, 2021, and closes on Sep 17, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Prevest Denpro Limited IPO opens on Sep 15, 2021 and closes on Sep 17, 2021.

Ans. The size of Prevest Denpro Limited IPO is Fresh Issue of 3,168,000 Eq Shares of ₹10 (aggregating up to ₹26.61 Cr).

Ans. The IPO price band is set between ₹82 to ₹84 per equity share.

Ans. To apply for Prevest Denpro Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Prevest Denpro Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Prevest Denpro Limited IPO is Sep 22, 2021.

Ans. The Prevest Denpro Limited IPO will be listed on Sep 27, 2021.

Ans. Follow the steps to check the allotment status for Prevest Denpro Limited IPO here.