IPO IPO-Synopsis
Vasa Denticity Ltd

Back

Registered Office: Khasra No. 714 Village P.O,Chattarpur South Delhi , Delhi - 110074 , Delhi , India.
Phone : +91 85273 60456   Fax:
Email :  cs@dentalkart.com  
Website :  www.dentalkart.com
Initial public offer of upto 42,24,000 equity shares of face value of Rs10/-each (the "Equity Shares") of Vasa Denticity Limited ("The Company" or "STL" or "The Offerr") at an offer price of Rs128 per equity share for cash, aggregating up to Rs54.07 crores ("Public Offer") comprising of a fresh issue of upto 31,74,000 equity shares aggregating to Rs40.63 crores (the "Fresh Issue") and an offer for sale of upto 10,50,000 equity shares by the selling shareholders ("Offer for Sale") aggregating to Rs13.44 crores comprising; up to 5,98,500 equity shares aggregating up to Rs7.66 crores by Vikas Agarwal, up to 3,99,000 equity shares aggregating up to Rs5.11 crores by Sandeep Aggarwal, up to 31,500 equity shares aggregating up to Rs0.40 crores by Manish Kumar and up to 21,000 equity shares aggregating up to Rs0.27 crores by Nakul Varshney (collectively refferd as "Selling Shareholders") out of which 2,16,000 equity shares of face value of Rs10 each, at an offer price of Rs128 per equity share for cash, aggregating Rs2.76 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 40,08,000 equity shares of face value of Rs10 each, at an offer price of Rs128 per equity share for cash, aggregating upto Rs51.30 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.37% and 25.02% respectively of the post-offer paid-up equity share capital of the company. The face value of the equityshares is Rs10 and offer price is Rs128 the offer price is 12.80 times of the face value of the equity share. Bids can be made for a minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
23-May-23 25-May-23 Rs128.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  Rs Cr Lead Managers to the Issue
Project Cost 37.66
Hem Securities Ltd
Project Financed through Current Offer 54.07  
Post Issue Equity Share Capital 16.02  
Issue Price Rs128.00  
Projects
To meet working capital requirementsGeneral corporate purposes
Expenditure to enhance visibility and awareness of its brands
Promoted By
Vikas Agarwal
Sandeep Aggarwal
Manish Kumar
Listing At
NSE - SME 
Registrar to the Issue
MAS Services Ltd