Compiled in 1999, Prevest Denpro manufactures and sells dental implants to diagnose, treat, and prevent dental conditions and to enhance the beauty of a person’s smiling face. The company’s product portfolio includes endodontics materials, prosthodontics, orthodontics, periodontics, restorative teeth, aesthetics, and laboratory equipment.
The company’s products are sold in 75 countries and F.Y. For 2020-21, 60.24% of the company’s sales came from markets outside India. The company’s production facility is located in Cartholi, Samba (Jammu & Kashmir), covering an area of more than 27,000 sq. Km. Ft. With an installed capacity of 200 MT pa. for the production of dental implants. The company also added another production facility adjacent to its current production plant of more than 16,000 sq. Km. Ft. Mainly to produce hygiene, oral care, and construction 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 institutions for technical knowledge and & research.
Company Financials
| Particulars | For the year/period ended (₹ in Lakhs) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,069.97 | 2,107.86 | 1,534.48 |
| Total Revenue | 2,951.35 | 2,455.97 | 1,977.08 |
| Profit After Tax | 743.96 | 500.87 | 299.38 |
Objects Of The Issue
The net proceed from the IPO will be utilized towards the following purposes;
- Purchase of machineries, equipment’s, and utilities for manufacturing of proposed additional line of products, R&D unit, and existing manufacturing operations.
- General Corporate Purpose.
- To meet issue expenses.
Prevest Denpro IPO Details
| IPO Opening Date | 15 Sep 2021 |
| IPO Closing Date | 17 Sep 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹82 to ₹84 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | BSE SME |
| Issue Size | 3,168,000 Eq Shares of ₹10 (aggregating up to ₹26.61 Cr) |
| Fresh Issue | 3,168,000 Eq Shares of ₹10 (aggregating up to ₹26.61 Cr) |
Prevest Denpro IPO Lot Size
The Prevest Denpro IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹134,400).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹134,400 |
| Maximum | 1 | 1600 | ₹134,400 |
Company Contact Information
| Prevest Denpro Limited EPIP, Kartholi Bari Brahmana, Samba 181133 Jammu & Kashmir, India. Phone: 1923-222774 Email: info@prevestdenpro.com Website: https://www.prevestdenpro.com/ |
Prevest Denpro IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Prevest Denpro IPO Lead Manager(s)
| 1. Hem Securities Limited Lead Manager Reports – Lead Manager Performance Tracker – List of IPOs handled by a Lead Manager |
Prevest Denpro IPO FAQs
| When Prevest Denpro IPO will open? The Prevest Denpro IPO dates are 15 Sep 2021 To 17 Sep 2021. |
| What is the lot size of Prevest Denpro IPO? Prevest Denpro IPO lot size and the minimum order quantity is 1600 Shares. |
| How to apply for Prevest Denpro IPO? You can apply in Prevest Denpro IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Prevest Denpro IPO listing date? The Prevest Denpro IPO listing date is not announced. The date of Prevest Denpro IPO listing is []. |
