The Vasa Denticity IPO date has been set. The IPO will start on May 23 and end on May 25, 2023. Vasa Denticity is an NSE SME IPO that will raise 54.07 crores from the IPO. The price band for the Vasa Denticity IPO is set at ₹121 – ₹128 with a market lot of 1000 shares.
Vasa Denticity Limited distributes and markets dental goods through its web portal dentalkart.com. DentalKart is an Indian online dental shopping destination. The brand “DentalKart” has a mobile application. Consumables, devices, equipment, and accessories for diagnosing, treating, and preventing issues with teeth are included in the product line. Dentalkart.com is India’s largest online dental market, providing over 35,000 products from over 125 regional, national, and international brands in 80+ categories. They distribute to over 6000 cities and towns in India. In Gurugram, India, they have a distribution center.
Objects of this Issue:
- To Meet Working Capital Requirements
- Expenditure to enhance visibility and awareness of the brands
- General Corporate Purposes;
- To meet Offer Expenses.
Vasa Denticity IPO Review
- May Apply
Vasa Denticity IPO GMP, Date & Price Band Details
| IPO Open: | May 23, 2023 |
| IPO Close: | May 25, 2023 |
| IPO Size: | Approx ₹54.07 Crores, 4,224,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹121 to ₹128 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Vasa Denticity IPO Market Lot
The Vasa Denticity IPO minimum market lot is 1000 shares with a ₹128,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹128,000 |
| Retail Maximum | 1 | 1000 | ₹128,000 |
| S-HNI Minimum | 2 | 2000 | ₹256,000 |
Vasa Denticity IPO Dates
The Vasa Denticity IPO date is May 23 and the IPO close date is May 25. The IPO allotment date is May 30 and the IPO might list on June 2.
| IPO Open Date: | May 23, 2023 |
| IPO Close Date: | May 25, 2023 |
| Basis of Allotment: | May 30, 2023 |
| Refunds: | May 31, 2023 |
| Credit to Demat Account: | June 1, 2023 |
| IPO Listing Date: | June 2, 2023 |
Vasa Denticity IPO Form
How to apply Vasa Denticity IPO? You can apply Vasa Denticity IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vasa Denticity IPO in the Invest section. The other option you can apply Vasa Denticity IPO via IPO forms download via the NSE website. Check out the Vasa Denticity forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Vasa Denticity Company Financial Report
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2020 | ₹30.45 | ₹30.36 | ₹0.09 |
| 2021 | ₹40.18 | ₹39.73 | ₹0.33 |
| 2022 | ₹77.14 | ₹71.80 | ₹5.41 |
| 2023 9M | ₹87.57 | ₹80.58 | ₹5.02 |
Vasa Denticity IPO Valuation – FY2022
Check Vasa Denticity IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.43 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 90.05% |
| Net Asset Value (NAV): | ₹4.92 per Equity Share |
Peer Group
- Prevest Denpro Ltd.
Company Promoters
- Dr. Vikas Agarwal
- Sandeep Aggarwal
- Manish Kumar
- Nakul Varshney
Vasa Denticity IPO Registrar
Mas Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
Company Address
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
Vasa Denticity IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Vasa Denticity IPO FAQs
Q1. What is Vasa Denticity IPO?
Ans. Vasa Denticity IPO is an NSE SME IPO. They are going to raise ₹54.07 Crores via IPO. The issue is priced at ₹121 to ₹128 per equity share. The IPO is to be listed on NSE.
Q2. When Vasa Denticity IPO will open?
Ans. The IPO is to open on May 2, 2023 for QIB, NII, and Retail Investors.
Q3. What is Vasa Denticity IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Vasa Denticity IPO?
Ans. You can apply Vasa Denticity IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Vasa Denticity IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Vasa Denticity”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Vasa Denticity IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Vasa Denticity”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Vasa Denticity IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Vasa Denticity”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Vasa Denticity IPO Size?
Ans. Vasa Denticity IPO size is ₹54.07 crores.
Q9. What is Vasa Denticity IPO Price Band?
Ans. Vasa Denticity IPO Price Band is ₹121 to ₹128 per equity share.
Q10. What is Vasa Denticity IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1000 shares with ₹128,000.
Q11. What is Vasa Denticity IPO Allotment Date?
Ans. Vasa Denticity IPO allotment date is May 30, 2023.
Q12. What is Vasa Denticity IPO Listing Date?
Ans. Vasa Denticity IPO listing date is June 2, 2023. The IPO to list on NSE SME.
