PS www.ProStocks.com
|
|
Incorporated in 1999, 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.Competitive strengths
The net proceed from the IPO will be utilized towards the following purposes;
| IPO Date | Sep 15, 2021 to Sep 17, 2021 |
| Listing Date | Sep 27, 2021 |
| Face Value | ₹10 per share |
| Price | ₹82 to ₹84 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 2,265,600 shares (aggregating up to ₹26.61 Cr) |
| Fresh Issue | 3,168,000 shares (aggregating up to ₹26.61 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| QIB Shares Offered | 601600 |
| NII (HNI) Shares Offered | 611200 |
| Retail Shares Offered | 1052800 |
| Market Maker portion | 160,000 shares |
| Total Shares Offered | 2,265,600 |
Prevest Denpro IPO opens on Sep 15, 2021, and closes on Sep 17, 2021.
| Event | Tentative Date |
|---|---|
| Opening Date | Sep 15, 2021 |
| Closing Date | Sep 17, 2021 |
| Basis of Allotment | Sep 22, 2021 |
| Initiation of Refunds | Sep 23, 2021 |
| Credit of Shares to Demat | Sep 24, 2021 |
| Listing Date | Sep 27, 2021 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Prevest Denpro IPO lot size is 1600 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹134,400 |
| Retail (Max) | 1 | 1600 | ₹134,400 |
| Lot Size Calculator | |||
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.61% |
| Particulars | For the year/period ended (₹ in Lakhs) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 3,069.97 | 2,107.86 | 1,534.48 | ||
| Total Revenue | 2,951.35 | 2,455.97 | 1,977.08 | ||
| Profit After Tax | 743.96 | 500.87 | 299.38 | ||
[Dilip Davda] Based on its super earning in a pandemic IPO pricing appears reasonable, but also raises eyebrows for such earnings as the world economy came to standstill for few months in FY21. The sustainability of higher margins going forward raises concern. Compare with an MNC with no match appears an eyewash for investors to lure them for the investment. Risk seeker/cash surplus investors may consider an investment. Read detail review...
The Prevest Denpro IPO is subscribed 38.12 times on Sep 17, 2021 6:52:00 AM. The public issue subscribed 32.87 times in the retail category, 5.78 times in the QIB category, and 78.98 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 5.78 |
| NII | 78.98 |
| Retail | 32.87 |
| Total | 38.12 |
| Listing Date | Sep 27, 2021 |
| BSE Script Code | 543363 |
| NSE Symbol | |
| ISIN | INE0GAO01018 |
| IPO Price | ₹84 per share |
| Price Details |
|---|
| IPO Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹84.00 |
| ₹180.55 |
| ₹180.55 |
| ₹189.55 |
| ₹189.55 |
Prevest Denpro Limited
EPIP, Kartholi
Bari Brahmana, Samba 181133
Jammu & Kashmir, India.
Phone: 1923-222774
Email: info@prevestdenpro.com
Website: https://www.prevestdenpro.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Prevest Denpro IPO is a SME IPO of 2,265,600 equity shares of the face value of ₹10 aggregating up to ₹26.61 Crores. The issue is priced at ₹82 to ₹84 per 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.
Zerodha customers can apply online in Prevest Denpro IPO using UPI as a payment gateway. Zerodha customers can apply in Prevest Denpro IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Prevest Denpro IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Prevest Denpro IPO opens on Sep 15, 2021 and closes on Sep 17, 2021.
Prevest Denpro IPO lot size is 1600 Shares and the minimum order quantity is .
You can apply in Prevest Denpro IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Prevest Denpro IPO will be done on Sep 22, 2021, and the allotted shares will be credited to your demat account by Sep 24, 2021. Check the Prevest Denpro IPO allotment status.
IPO Mentor (1100+ Posts, 400+ Likes)
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
RHP
IPO Guru (1600+ Posts, 900+ Likes)
Top Contributor (200+ Posts, 100+ Likes)
