✓
Open
15 Sep 2021
✓
Close
17 Sep 2021
3
Allotment
—
✓
Listing
Mon, Sep 27, 2021
Price Band
₹82 to ₹84
Issue Size
31,68,000 shares (agg. up to ₹27 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Sep 27, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 28.15x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 30.70 | 21.08 | 15.34 |
| Total Income | 29.51 | 24.56 | 19.77 |
| Profit After Tax | 7.44 | 5.01 | 2.99 |
| EBITDA | 10.02 | 6.89 | 4.31 |
| NET Worth | 22.75 | 15.31 | 10.30 |
| Reserves and Surplus | 22.46 | 15.02 | 10.01 |
| Total Borrowing | 1.39 | 1.64 | 1.42 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Nureca Ltd. | Mainboard | ₹100.00 Cr | ₹400 | null | ₹645.75 | +61.44% | ₹279.79 (+2.33%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of machineries, equipments and utilities for manufacturing of proposed additional line of products, R&D unit and existing manufacturing operations | 18.02 |
| 2 | General Corporate Purpose | 5.77 |
| 3 | To meet Issue Expenses | 2.82 |
About Prevest Denpro IPO
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 institut
Contact Details
Prevest Denpro Ltd. AddressEPIPKartholiBari Brahmana, SambaJammu, Jammu and Kashmir, 1811331923-222774info@prevestdenpro.comVisit Website