Prevest Denpro Limited

Prevest Denpro Limited IPO Review

The organization creates, fabricates and showcases an extensive arrangement of dental materials for diagnosing, treating and forestalling dental conditions just as working on the style of the human grin. Its item portfolio covers a wide range of materials for endodontics, prosthodontics, orthodontics, periodontics, therapeutic dentistry, tasteful dentistry and lab consumables.

Aside from India, its items are sold in more than 75 nations in the areas of Europe, Asia, South America, Center East and Africa. In FY2021, Prevest Denpro produced absolute deals of INR27.44 crore, and 60.2% of it were from business sectors outside India.

Prevest Denpro’s assembling office is situated at Kartholi, Samba (Jammu and Kashmir), involving more than 27,000 sq. ft. region and has an introduced limit of 200 MT p.a. for assembling of dental materials. The organization is setting up one more assembling office in more than 16,000 sq. ft. region adjoining the current unit for assembling cleanliness items (sanitizers and sanitizers), oral cleanliness items (mouth washes and mouth flushes), oral consideration items (cured salves, gels and creams for dental treatment) and biomaterials (bone increase materials). The proposed office will be exceptional with most recent hardware and will be appointed in FY2022.

Subscription Dates15 – 17 September 2021
Price BandINR82 – 84 per share
Fresh issue3,168,000 shares (INR25.98 – 26.61 crore)
Offer For SaleNil
Total IPO size3,168,000 shares (INR25.98 – 26.61 crore)
Minimum bid (lot size)1,600 shares
Face Value INR10 per share
Retail Allocation35%
Listing OnBSE SME platform

 

FY2019

FY2020

FY2021

Revenue

19.77

24.56

29.51

Expenses

16.01

18.28

20.15

Net income

2.99

5.01

7.44

Net margin (%)

15.1

20.4

25.2

Earnings Per Share (EPS): INR9.27
Price/Earnings (PE ratio): 9.92
Return on Net Worth (RONW): 16.41%
Net Asset Value (NAV): INR41.43 per share

Listing Performance of Prevest Denpro Limited

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Prevest Denpro Limited

NSE : NA

BSE Script Code : 543363

ISIN CODE : INE0GAO01018

Dilip Davda – May apply

Hem Securities – Neutral

IPO Opening Date: 15 September 2021
IPO Closing Date: 17 September 2021
Finalisation of Basis of Allotment: 22 September 2021
Initiation of refunds:
 23 September 2021
Transfer of shares to demat accounts:
 24 September 2021
Listing Date
: 27 September 2021
Opening Price on BSE SME: Coming soon
Closing Price on BSE SME: Coming soon

Prevest Denpro Limited
EPIP, Kartholi, Bari Brahmana, Samba 181133, Jammu & Kashmir
Phone: +91 1923-222774
Email: info@prevestdenpro.com
Website: 
www.prevestdenpro.com

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Prevest Denpro Limited IPO FAQ's

The Prevest Denpro Limited IPO is a SME IPO of ₹82 to ₹84 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 2,265,600 equity shares of ₹10 (aggregating up to ₹26.61 Crore). The Fresh issue size is priced at 3,168,000 equity shares of ₹10 (aggregating up to ₹26.61 Crore).The initial public offering (IPO) begins on Sep 15, 2021 and ends on Sep 17, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Prevest Denpro Limited IPO opens on Sep 15, 2021 and closes on Sep 17, 2021. The IPO Issue date is Sep 27,2021.

The Prevest Denpro Limited IPO Market lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

The finalization of Basis of Allotment for Prevest Denpro Limited 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 Limited IPO status.

The Prevest Denpro Limited IPO listing date is Sep 27,2021.

Prevest Denpro Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Prevest Denpro Limited IPO Comments