The IPO of Vasa Denticity will open next week. gmp, price, other details. Apply or Avoid?

Vasa Denticity IPO: The Initial Public Offering of Vasa Dentisity Limited is going to hit the primary market on 23 May 2023 i.e. next week Tuesday. The NSE SME IPO will be open for subscription till May 25, 2023. Company management has fixed the price of Vasa Denticity IPO from 121 128 per equity share. Meanwhile, the gray market has turned bullish on SME IPOs ahead of the opening of the public issue. According to market observers, the Vasa Dentisity IPO GMP (grey market premium) today is 40.

Here we list the important Vasa Denticity IPO Details In 10 points:

1]Vasa Denticity IPO GMP Today: Shares of Vasa Denticity Ltd. are available at a premium Market observers say Rs 40 per share in the gray market today.

2]Vasa Denticity IPO Date: The public issue will open for bidding on May 23 and will remain open for subscription till May 25, 2023.

3]Vasa Denticity IPO Price: The promoters of the company have fixed the price range for the Vasa Denticity IPO. from 121 128 per equity share.

4]Vasa Denticity IPO Lot Size: A retail bidder will be able to apply in lots and one lot of NSE SME IPO will consist of 1000 shares of the company.

5]Vasa Denticity IPO Size: Dental company aims to grow 54.07 crore from this public offer.

6]Vasa Denticity IPO Investment Limit: Since one lot of IPO consists of 1000 shares of the company, a retail investor needs to 1.28 ( 128 x 1000) lakhs to apply for this IPO.

7]Vasa Denticity IPO Allotment Date: The tentative date of allotment of shares is May 30, 2023.

8]Vasa Denticity IPO Listing: The IPO is proposed for listing on the NSE SME exchange and the tentative date of share listing is June 2, 2023.

9]Vasa Denticity IPO Registrar: Mass Services Limited has been appointed as the official registrar to the IPO.

10]Vasa Denticity IPO Review: Giving a ‘Subscribe’ tag to this NSE SME IPO, Avinash Gorakshkar, Head of Research, Profitmart Securities said, “We believe the Dental business opportunity in India is promising and with a strong promoter background (promoters are dentists themselves, Dr. Vikas) Agarwal) This will benefit the company immensely in the long run, moreover Dentalkart already has a huge customer base which further adds to the credibility of this business model. Therefore, we recommend subscribing to this SME IPO offer with a longer time frame.”

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint. We advise investors to do due diligence with certified experts before making any investment decision.


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