Prevest Denpro IPO Details

Prevest Denpro IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Subscription Status

Allotment Status

About Prevest Denpro

Prevest Denpro manufacture and market a comprehensive portfolio of dental materials for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile. The breadth and depth of the product offerings address majority of the dentists’ clinical needs for consumable dental materials. The product portfolio covers a wide spectrum of materials for endodontics, prosthodontics, orthodontics, periodontics, restorative dentistry, aesthetic dentistry and laboratory consumables.

The products are sold in over 75 countries in the regions of Europe, Asia, South America, Middle East and Africa. The manufacturing facility is located at Kartholi, Samba (Jammu & Kashmir), comprising of over 27,000 sq. ft. area and has an installed capacity of 200 MT p.a. for manufacturing of dental materials.

Further, as per the diversification plans, Prevest Denpro currently expanding the existing manufacturing unit by setting up another manufacturing facility in over 16,000 sq. ft. area adjacent to the existing unit for manufacturing new line of products that will include hygiene products (sanitizers and disinfectants), oral hygiene products (mouth washes and mouth rinses), oral care products(medicated ointments, gels and creams for dental treatment) and biomaterials (i.e. bone augmentation materials). The proposed facility will be well-equipped with latest machineries and will be commissioned in Fiscal 2022.

The company was founded in the year 1999 by the Promoters, Mr. Atul Modi and Mrs. Namrata Modi, who cumulatively possess over 42 years of experience in dental industry.

Important Details – Prevest Denpro

DateDetails
May 05, 1999The company was incorporated as “Prevest Denpro Limited” atJ ammu & Kashmir

Objects of the Issue

  • Purchase of machineries, equipments 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 Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in Lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3,069.97 2,107.86 1,534.48
Total income 2,951.35 2,455.97 1,977.08
Profit After Tax 743.96 500.87 299.38

Prevest Denpro IPO Price – Details

DetailsPREVEST IPO Details
Public IssueInitial Public offer of 31,68,000 Eq Shares of ₹ 10 (aggregating up to ₹ 26.61 Crore)
Issue Open  Date15-Sep-21
Issue Close Date17-Sep-21
Issue TypeBook Built
IPO Price Band₹ 82 – ₹ 84
Face Value ₹ 10
Market Lot 1600 Equity Shares and in multiples thereof
Minimum Order Quantity 1600 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolPREVEST
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Prevest Denpro IPO DRHP & RHP

Prevest Denpro IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11600₹ 1,34,400
Maximum11600₹ 1,34,400

Prevest Denpro IPO Lead Managers

  • Hem Securities Limited

Prevest Denpro Registrar

  • Bigshare Services Private Limited

Prevest Denpro IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on15-Sep-21
Bid / Offer Closes on17-Sep-21
Finalisation of Basis of Allotment22-Sep-21
Initiation of refunds 23-Sep-21
Credit of the Equity Shares24-Sep-21
Commencement of trading – Listing27-Sep-21

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value Total income, for Financial Year 2021
(in ₹ crores)
Prevest Denpro Limited1029.51
3M India Limited 102,630

Company Registered Office

EPIP, Kartholi,
Bari Brahmana,
Samba 181133,
Jammu & Kashmir, India.
www.prevestdenpro.com

Company Promoters

  • Mr. Atul Modi
  • Mrs. Namrata Modi

Prevest Denpro IPO – FAQS

What is the Prevest Denpro IPO Price?

The Prevest Denpro IPO price band is ₹ 82 – ₹ 84 per share

When Prevest Denpro IPO will open?

The Prevest Denpro IPO opens on Sep 15, 2021 and closes on Sep 17, 2021

What is the lot size of Prevest Denpro IPO?

The Prevest Denpro IPO lot size is 1600 Equity Shares and the minimum order quantity is 1600 Equity Shares

Who is the Registrar for Prevest Denpro IPO?

The Registrar for Prevest Denpro IPO is Bigshare Services Private Limited

How to apply in Prevest Denpro IPO through UPI?

Check the step by step process here – Click here

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