Prevest DenPro recently obtained USFDA approval for its five products and is all set to enter in the markets of USA and Canada by FY 22.
The Company has been able to give tough competition to the international peers owing to the high product quality and competitive pricing. The products are certified with ISO 13485:2016 and EU CE mark, which makes it eligible to market its products in European Union and many other countries which have adopted EU medical devices directives.
Prevest DenPro Limited is today, i.e., 27th September 2021, officially listed on BSE SME Exchange. Team Prevest DenPro extends its gratitude and heartiest congratulations to all who made it possible to achieve another milestone. Prevest thanks all the investors for unprecedented and overwhelming support to IPO that created a history on BSE SME. Find out details below:
Lt. Governer J&K, Sh. Manoj Sinha along with Union Minister for Science & Technology, Dr. Jatinder Singh interacting with Prevest Team at the inauguration of Jammu Haat. A pride moment for Prevest DenPro to host high dignitaries and a great opportunity to showcase our world class dental products.
Performance matters a lot to win the trust of investors
Prevest DenPro IPO subscribed over 38 times with overwhelming bids coming from Qualified Institutional Investors, Non Institutional Investors and Retail Investors
IPO of the 1st dental materials manufacturing company of India drew bids worth 730 Cr + which is unprecedented in the history of BSE SME IPOs. The issue was subscribed more than 38 times. QIB portion was subscribed 5.78 times, Non Institutional Investors portion was subscribed by 106.64 times, Retail portion was subscribed 32.87 times while the Market Maker portion and Anchor Investor Portion was subscribed 1.0 time.
The company has a successful track record of manufacturing dental materials with consistent growth in top line and bottom line. Now the company has set ambitious growth plans and will utilize the net proceeds from the IPO to partially fund expansion and diversification while a large portion of the fund is reserved for setting up R&D Center. The company had consistent growth in the past few years and after completion of the expansion and diversification project, the anticipated growth is much faster with a considerable increase in the top line and bottom line.
We congratulate the entire team of Prevest DenPro and Hem Securities, Merchant Bankers for outstanding performance and successful management of the IPO. We also thank BSE SME Team for their wholehearted support that made our journey easy.
Also check out other links:
Prevest Denpro SME IPO to open on 15 September and will close on 17 September 2021.
The IPO price band is fixed at Rs 82 to Rs 84 with a market lot of 1600 shares. Prevest Denpro is a BSE SME IPO and they are going to raise Rs 26.61 crores via SME IPO. Check out Prevest Denpro IPO date, price band and market lot details.
| IPO Open: | 15 September 2021 |
| IPO Close: | 17 September 2021 |
| IPO Size: | Approx Rs 26.61 Crore |
| Face Value: | Rs 10 Per Equity Share |
| Price Band: | Rs 82 to Rs 84 Per Share |
| Listing on: | BSE SME |
| Retail Portion: | 50% |
| Equity: | 31,68,000 Shares |
The Prevest Denpro IPO minimum market lot is 1600 shares with Rs 134,400 application amount.
| Minimum Lot Size: | Minimum 1600 Shares |
| Minimum Amount: | Rs 134,400 |
| Minimum Lot Size: | Maximum 1600 Shares |
| Minimum Amount: | Rs 134,400 |
The Prevest Denpro IPO date is 15 September 2021 and the close date is 17 September 2021. The allotment date is September 2021 and the IPO to list on September 2021.
| Basis of Allotment: | September 2021 |
| Refunds: | September 2021 |
| Credit to Demat Account: | September 2021 |
| Listing Date: | September 2021 |
How to apply for the Prevest Denpro IPO? You can apply for the Prevest Denpro IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Prevest Denpro IPO in the Invest section. The other option is to apply for Prevest Denpro IPO via IPO forms downloaded via NSE. Check out the Prevest Denpro forms - click BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
| Rs in Crore | |||
| Assets | Revenue | Income | |
| 2019 | Rs 15.35 | Rs 177 | Rs 2.99 |
| 2020 | Rs 21.08 | Rs 24.56 | Rs 5.01 |
| 2021 | Rs 30.70 | Rs 29.51 | Rs 7.44 |
Company Promoters
Quick Links
| Category | Day 1 |
| QIB | -x |
| NII | -x |
| RII | -x |
| Total | -x |
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Note: Check Prevest Denpro IPO allotment status on Bigshare website allotment URL. Click Here
- Hem Securities Limited
Company Address
Prevest Denpro Limited
EPIP, Kartholi
Bari Brahmana, Samba 181133
Jammu & Kashmir, India.
Phone: 1923-222774
Email: [email protected]
Website: https://www.prevestdenpro.com/
What is the Prevest Denpro IPO?
Prevest Denpro IPO is a BSE SME IPO. They are going to raise ₹26.61 Crores via IPO. The issue is priced at Rs 82 to Rs 84 per equity share. The IPO to be listed on BSE.
When Prevest Denpro IPO will open for NII and Retail?
The IPO is to open on 15 September 2021 for NII, and Retail Investors.
What is the Prevest Denpro IPO Investors Portion?
The investors' portion for QIB 0%, NII 50%, and Retail 50%.
How to Apply the Prevest Denpro IPO?
You can apply for the Prevest Denpro IPO via ASBA online via your bank account. You can apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Prevest Denpro IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Prevest Denpro". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Prevest Denpro IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Prevest Denpro". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
What is the Prevest Denpro IPO Size?
Prevest Denpro IPO size is Rs 26.61 crores.
What is the Prevest Denpro IPO Price Band?
Prevest Denpro IPO Price Band is Rs 82 - RS 84.
What is the Prevest Denpro IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with Rs 134,400 amount while maximum bid is 1600 shares with Rs 134,400.
What is the Prevest Denpro IPO Allotment Date?
Prevest Denpro IPO allotment date is September 2021.
What is the Prevest Denpro IPO Listing Date?
Prevest Denpro IPO listing date is September 2021. The IPO to list on BSE SME platform.
Note: The Prevest Denpro IPO details are officially announced. The IPO grey market premium (Prevest Denpro IPO GMP) will be added on the grey market page if it will start.
Prevest DenPro is pleased to announce its participation at IDS, Cologne, Germany from 22 September 2021 - 25 September 2021. Our full range of dental products will be displayed at Hall no. 03.2 at Stand no. D-060/E-061. This will be a great opportunity to see our products and discuss business opportunities on the table.
"Micron" is now rebranded as "Crysta" in India.
As a rebranding policy for the Indian market, Prevest DenPro has decided to rebrand Micron range of Glass Ionomer Cements as Crysta Restorative Type II, Crysta Luting Type I, Crysta Dentin Conditioner, Crysta Bioactive and Crysta Silver. There is no change in the product quality.
Prevest DenPro has become the first Indian dental material manufacturer to get a USFDA nod for dental cement. They have provided a number of products to its dental consumers worldwide such as Glass Ionomer Cement, Glass Ionomer Restorative, Glass Ionomer Luting Cement, and Glass Ionomer Restorative Capsules.
Prevest DenPro Limited is the first Indian dental materials manufacturing company going public by listing on the Bombay Stock Exchange. With this exciting next step in our journey, Prevest DenPro is looking ahead to accelerating growth through value-creating organic and non-organic opportunities. Stay tuned to further announcements for the IPO opening date.
Army College of Dental Sciences and Prevest Denpro Limited signed a Memorandum of Understanding for collaborative research, and academic activities, in the dental field at Headquarters TASA, Secunderabad. The aim of the MoU is to define a mechanism to promote interdisciplinary joint research, and academic activities, impart skill-oriented training so as to benefit students and staff of both organizations, according to the press release. They will also undertake collaboration on research projects involving other agencies of the region and work towards the development of concerned regions. The MoU was inked by K V Ramana Reddy, Principal, ACDS and Dr. Sai Kalyan, Director, Prevest DenPro.
Back