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Prevest Denpro Limited IPO (Prevest Denpro IPO) Detail

Sep 15, 2021 - Sep 17, 2021

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

  • Wide sales and distribution network.
  • Comprehensive product portfolio of over 100 dental products.
  • Experienced management with strong domain knowledge.
  • Track record of robust financial performance.
  • Collaboration with reputed dental universities and institutions for technical knowledge and & research.

Company Financials:

Summary of financial Information (Restated Consolidated)
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

Objects of the Issue:

The net proceed from the IPO will be utilized towards the following purposes;

  • 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.

Prevest Denpro IPO Details

IPO Opening Date Sep 15, 2021
IPO Closing Date Sep 17, 2021
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹82 to ₹84 per equity share
Market Lot 1600 Shares
Min Order Quantity 1600 Shares
Listing At BSE SME
Issue Size2,265,600 Eq Shares of ₹10
(aggregating up to ₹26.61 Cr)
Fresh Issue3,168,000 Eq Shares of ₹10
(aggregating up to ₹26.61 Cr)

Prevest Denpro IPO Tentative Timetable

The Prevest Denpro IPO open date is Sep 15, 2021, and the close date is Sep 17, 2021. The issue may list on Sep 27, 2021.

IPO Open Date Sep 15, 2021
IPO Close Date Sep 17, 2021
Basis of Allotment Date Sep 22, 2021
Initiation of Refunds Sep 23, 2021
Credit of Shares to Demat Account Sep 24, 2021
IPO Listing Date Sep 27, 2021

Prevest Denpro IPO Lot Size

The Prevest Denpro IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹134,400).

Application Lots Shares Amount (Cut-off)
Minimum 1 1600 ₹134,400
Maximum 1 1600 ₹134,400

Prevest Denpro IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding

Prevest Denpro IPO Subscription Status (Bidding Detail)

The Prevest Denpro IPO is subscribed 38.12 times on Sep 17, 2021 06:52. The public issue subscribed 32.87 in the retail category, 5.78 in the QIB category, and 78.98 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB

5.78

NII

78.98

RII

32.87

Total

38.12

Prevest Denpro IPO Prospectus

Prevest Denpro IPO Rating

174
3.9
Rating:Rated 3.9 stars
Vote Here ...

Prevest Denpro IPO Listing Date

Listing Date Monday, September 27, 2021
BSE Script Code 543363
NSE Symbol
Listing In MT Group of Securities
ISIN INE0GAO01018
IPO Price ₹84 per equity share
Face Value ₹10 per equity share

Company Contact Information

Prevest Denpro Limited
EPIP, Kartholi
Bari Brahmana, Samba 181133
Jammu & Kashmir, India.
Phone: 1923-222774
Email: info@prevestdenpro.com
Website: https://www.prevestdenpro.com/

Prevest Denpro IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Prevest Denpro IPO Reviews / Ratings

Prevest Denpro IPO FAQs

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 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.

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Prevest Denpro IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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 1600 Shares.

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, Edelweiss, 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.

The Prevest Denpro IPO listing date is on Monday, September 27, 2021.

Prevest Denpro IPO Message Board

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