Laxmi Dental Limited (LAXMIDENTL) — Offer Document | 7 May 2026

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Laxmi Dental Limited received a Monitoring Agency Report from ICRA confirming that the utilization of IPO proceeds of ₹138.000 crores aligns with the offer document objectives, with no material deviations observed. The report validates compliance with SEBI regulations and confirms that all statutory approvals were secured prior to fund deployment. ICRA noted partial delays in machinery procurement but affirmed overall adherence to planned utilization timelines.

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About Laxmi Dental Limited (LAXMIDENTL)

Healthcare · Healthcare Equipment & Supplies · Listed on NSE

Market Cap: ₹1,104.79 Cr P/E: 57.2

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