Laxmi Dental Ltd

Incorporated in July 2004, Laxmi Dental Limited is an integrated dental products company. The company offers custom crowns and bridges, branded dental items like clear aligners and thermoforming sheets, aligner-related products as part of its aligner solutions, and pediatric dental products.Their product portfolio includes custom crowns and bridges, clear aligners, thermoforming sheets, pediatric dental products, and more.The company offers thermoforming sheets, biocompatible 3D printing resins, and machines for manufacturing clear aligners under the brand name Taglus.The company operate a fully integrated model, meaning they handle the entire process from design and manufacturing to distribution of dental products.As of September 30, 2024, the company has six manufacturing facilities: three in Mira Road, Mumbai, two in Boisar, and one in Kochi, along with five supporting facilities in Mumbai, Delhi, Bengaluru, and Ahmedabad.As of September 30, 2024, the company’s dental network includes over 22,000 clinics and dentists across more than 320 cities nationwide.The company has significant presence in both domestic and international markets, exporting to over 90 countries.As of September 30, 2024, the company had 2,372 employees in various departments.Competitive strengthsThe only integrated dental products company in India, well-positioned to capture industry tailwinds;Second largest player in domestic laboratory business and largest export laboratory with increasing adoption of digital dentistry;Vertically integrated diverse branded product portfolio;Large Dental Network provide a competitive advantage in the market;Robust technologically advanced capabilities with stringent regulatory compliance ensuring high quality standards.

Laxmi Dental Ltd proposes to utilise the net proceeds from the Issue for the following objects: