Vasa Denticity Limited, a company incorporated in 2016, is known for marketing and distributing an extensive portfolio of dental products.

Company Background

Vasa Denticity’s product suite includes consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions. The company operates its services through the online portal, “Dentalkart.com”, and a corresponding mobile application named “Dentalkart”.

Their offerings extend to over 300 domestic and international brands with a product range exceeding 10,000 dental products. This makes Vasa Denticity a one-stop solution for customers spread across different regions. The company operates from a centralized distribution hub of 13000 sq. ft in Gurugram, India.

Vasa Denticity proudly holds a portfolio of over 30 owned brands, all manufactured or procured from third parties according to specifications created by their dedicated research and development team.

Vasa Denticity IPO Details

The IPO (Initial Public Offering) of Vasa Denticity is set to launch from May 23, 2023, to May 25, 2023. Here are some key details:

• Face Value: ₹10 per share
• Price: ₹121 to ₹128 per share
• Lot Size: 1000 Shares
• Total Issue Size: 4,224,000 shares, aggregating up to ₹54.07 Cr
• Fresh Issue: 3,174,000 shares
• Offer for Sale: 1,050,000 shares of ₹10
• Issue Type: Book Built Issue IPO
• Listing At: NSE SME

Vasa Denticity IPO Timetable

The IPO will officially open on Tuesday, May 23, 2023, and will close on Thursday, May 25, 2023. The tentative listing date is Friday, June 2, 2023.

IPO Reservation

The IPO reservation is distributed as follows:

• QIB Shares Offered: 802,000 (26.52%)
• NII (HNI) Shares Offered: 818,000 (27.05%)
• Retail Shares Offered: 1,404,000 (46.43%)

Promoter Holding

The promoters of the company are Dr. Vikas Agarwal, Sandeep Aggarwal, Manish Kumar, and Nakul Varshney. The pre-issue share holding stands at 95.00%, with a post-issue share holding of 69.62%.

Financials and Key Performance Indicators

Vasa Denticity showed a progressive growth in total assets and total revenue, from ₹481.78 Lakhs and ₹3,045.13 Lakhs in 2020 to ₹2,695.18 Lakhs and ₹8,757.11 Lakhs by December 2022, respectively.

Key Performance Indicators include:

• P/E (x): 30.62
• Market Cap (₹ Cr.): 205.01
• Debt/Equity: 0.24
• EPS (Rs): 4.43
• RoNW (%): 90.05

Purpose of the Issue

The funds raised through this IPO will be used towards:

• Meeting Working Capital Requirements
• Expenditure to enhance visibility and brand awareness
• General Corporate Purposes
• Meeting Offer Expenses

In conclusion, the Vasa Denticity Limited IPO provides a promising opportunity for investors seeking to invest in the dental industry. With its diverse range of products and substantial growth, the company stands as a notable player in the market.

Crayons Advertising Limited, a 360-degree solutions provider, is launching its Initial Public Offering (IPO). The IPO is scheduled from May 22, 2023, to May 25, 2023. The company has been operational since 1986, and it has expanded steadily over its 36 years in business.

Crayons Advertising is a rare agency. It offers fully integrated, independent marketing and communication solutions. Its services range from creative and brand strategy to digital expertise. It also provides online & offline media planning & buying, on-ground & virtual activations, and design solutions.

The company also offers a high-end ecosystem. This ecosystem is a platform for end-to-end ad-tech communication solutions. These solutions cater to various advertising media services, including Brand Strategy, Events, Print Media, Digital Media, and Outdoor (OOH) Media services.

Crayons Advertising IPO: Important Details

• IPO Date: May 22 to May 25, 2023
• Face Value: ₹10 per share
• Price: ₹62 to ₹65 per share
• Lot Size: 2000 Shares
• Total Issue Size: 6,430,000 shares
• Fresh Issue: 6,430,000 shares
• Issue Type: Book Built Issue IPO
• Listing At: NSE SME
• Share Holding Pre Issue: 18,000,000
• Share Holding Post Issue: 24,430,000

Tentative Timetable for the IPO

The IPO opens on Monday, May 22, 2023. It closes on Thursday, May 25, 2023. The allotment basis will be announced on Tuesday, May 30, 2023. Refunds will start on Wednesday, May 31, 2023. Shares will be credited to Demat on Thursday, June 1, 2023. The listing date is Friday, June 2, 2023. The UPI mandate confirmation cut-off time is 5 PM on May 25, 2023.

Lot Size & Reservation in the IPO

The lot size for this IPO is 2000 shares. The minimum retail application is ₹130,000. The maximum retail application is also ₹130,000. For HNIs, the minimum application is for 2 lots or ₹260,000.

Out of the total shares offered, 1,222,000 are for Qualified Institutional Buyers (QIB). Another 1,240,000 are for Non-Institutional Investors (NII or HNI). Retail investors are offered 2,138,000 shares. Additionally, 322,000 shares are reserved for the Market Maker, Ss Corporate Securities. The total shares offered amount to 4,600,000.

Investors have a great opportunity here. This IPO allows participation in the growth of a well-established marketing and communications agency. Always read the company’s DRHP to understand the financial health, risks, and other details before investing.