Vasa Denticity (NSE SME)
May 23, 2023 – May 25, 2023
| Price | ₹121 - ₹128 |
| Premium | ₹61 |
|---|---|
| Lot size | 1000 |
| Allotment | May 31, 2023 |
| Listing | Jun 2, 2023 |
Vasa Denticity Limited
Khasra No. 714, Village,
P.O. Chattarpur,
South Delhi-110074
Phone: +91 85273 60456
Email: cs@dentalkart.com
Website: http://www.dentalkart.com/
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 8,02,000 | 2,98,85,000 | 37.26 |
| NIB | 6,02,000 | 9,41,80,000 | 156.45 |
| RETAIL | 14,04,000 | 8,15,34,000 | 58.07 |
| Total | 28,08,000 | 20,55,99,000 | 73.22 |
| Retail Apps | 81,534 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 128000 | 0 |
| HNI | 2 | 2000 | 256000 | 0 |
Incorporated in 2016, Vasa Denticity Limited is in the business of marketing and distribution of a comprehensive portfolio of Dental Products.
The products of the company include consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions. They work on improving the aesthetics of the human smile through their online portal "Dentalkart.com". To achieve the same goal, these operations are also operated through a website and mobile application by the name - "Dentalkart".
Vasa Denticity operates an online channel offering over 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. A one-stop solution center facilitating online service easily to customers situated in different parts.
Vasa Denticity Limited function through a centralized distribution hub of 13000 sq. ft located in Gurugram, India.
The entity has a portfolio of more than 30 owned brands, which are manufactured/procured from third parties based on the specifications created by them through dedicated research and development team.
Vasa Denticity IPO Details
| Total Issue Size | 4,224,000 shares (aggregating up to ₹54.07 Cr) |
| Fresh Issue | 3,174,000 shares (aggregating up to ₹[.] Cr) |
| Offer for Sale | 1,050,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,842,208 |
| Share holding post issue | 16,016,208 |
| Market Maker portion | 216,000 shares (Hem Finlease) |
Vasa Denticity IPO Reservation
| QIB Shares Offered | Not more than 50% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
Note:
- Market Maker portion of 216,000 equity shares is added to NII Reservation.
- Total Shares offered: QIB+NII+RII.
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 31-Dec-22 |
|---|---|---|---|---|
| Total Assets | 481.78 | 691.05 | 1,945.91 | 2,695.18 |
| Total Revenue | 3,045.13 | 4,017.72 | 7,714.08 | 8,757.11 |
| Profit After Tax | 9.44 | 32.58 | 540.98 | 501.90 |
| Net Worth | 27.20 | 59.78 | 600.76 | 1,102.66 |
| Reserves and Surplus | 7.20 | 39.78 | 580.76 | 1,082.66 |
| Total Borrowing | 64.57 | 197.24 | 326.29 | 266.31 |