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Issue Open Date
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15-Sep-21
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Issue Closing Date
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17-Sep-21
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Application Money
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100
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Allotment Money
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Price Band
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82
-
84
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Minimium Application No.
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1600
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Issue Size (Shares)
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3168000
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Market Lot
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1
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Objective
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1. Purchase of machineries, equipments and utilities for manufacturing of proposed additional line of products, R&D unit and existing manufacturing operations2. General Corporate Purpose3. To meet issue expenses
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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611200
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48275200
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78.9842931937173
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Qualified Institutional Buyers
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601600
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3478400
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5.78191489361702
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Retail Individual Investors
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1052800
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34608000
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32.8723404255319
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Business Description
We develop, manufacture and market a comprehensive portfolio of dental materials for diagnosing, treating and preventing dentalconditions as well as improving the aesthetics of the human smile. The breadth and depth of our product offerings address majority of the dentists’ clinical needs for consumable dental materials. Our product portfolio covers a wide spectrum of materials for endodontics, prosthodontics, orthodontics, periodontics, restorative dentistry, aesthetic dentistry and laboratory consumables. InF.Y. 2020-21, we generated total sales of Rs. 2743.94lakhs, of which approximately 60.24% sales were from markets outside India.Our products are sold in over 75 countries in the regions of Europe, Asia, South America, Middle East and Africa. Our 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 our diversification plans, we are currently expanding our existing manufacturing unit by setting up another manufacturing facility in over 16,000 sq. ft. area adjacent to our 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.
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Promoter's Holding
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Total Share Capital
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8834800
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Offered to Public
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3168000
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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73.6
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Address |
Epip Kartholi
Bari Brahmana
Samba,
Jammu & Kashmir,
181133
Phone : 01923-3506858 / 8899074151
Email : info@prevestdenpro.com
Website : www.prevestdenpro.com
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
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Listed at |
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BSE
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Lead Manager |
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Hem Securities Ltd.
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Promoters |
Atul Modi
Namrata Modi
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