Vasa Denticity Limited is a company that specializes in marketing and distributing a wide range of dental products. They offer a comprehensive portfolio of dental consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions. Their primary platform for conducting business is their online portal called “Dentalkart.com.”
Through Dentalkart.com, the company operates an online channel that features approximately 300 domestic and international brands. They offer a diverse product range, encompassing more than 10,000 dental products. In the fiscal year 2021-22, Vasa Denticity delivered over 200,000 orders to customers across all 28 states and 6 Union Territories of India.
The company’s product offerings include various dental consumables such as adhesives, filling materials, and impression materials. They also provide dental equipment like chairs, x-ray machines, and autoclaves, as well as dental instruments such as forceps, probes, and mirrors.
In addition to the extensive range of products available from other brands, Vasa Denticity has developed a portfolio of over 30 owned brands. These brands are either manufactured or procured from third parties based on the specifications created by Vasa Denticity’s dedicated research and development team.
Vasa Denticity’s owned brands are available on their Dentalkart.com online platform and on popular third-party platforms like Amazon and Flipkart. The company also provides after-sales service to ensure customer satisfaction.
Established in 2016, Vasa Denticity Limited has become a leading player in the marketing and distribution of dental products. Their commitment to offering a comprehensive range of high-quality products and their focus on customer convenience through their online channels have contributed to their success. With a centralized distribution hub spanning 13,000 square feet located in Gurugram, India, the company efficiently handles the storage and distribution of its dental products.
Vasa Denticity Limited IPO Complete Details:
| IPO Date | 23 May 2023 to 25 May 2023 |
| Issue Type | Book Built Issue |
| Listing At | NSE SME |
| Face Value | 10 Rs. Per Share |
| Price | Rs. 121 to 128 |
| Lot Size | 1000 |
| Issue Size | 4,224,000 shares (Rs. 54.07 Cr) |
| Fresh Issue | 3,174,000 shares (Cr) |
| Listing Date | 02 June 2023 |
Vasa Denticity Limited IPO Timetable:
| Activity | Date* |
|---|---|
| Opening Date | 23 May 2023 |
| Closing Date | 25 May 2023 |
| Allotment | 30 May 2023 |
| Initiation of Refunds | 31 May 2023 |
| Credit of Shares to Demat Account | 01 June 2023 |
| Listing Date | 02 June 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Borrowings | Reserves and Surplus |
|---|---|---|---|---|---|
| 31 March 2020 | 481.78 | 3,045.13 | 9.44 | 64.57 | 7.20 |
| 31 March 2021 | 691.05 | 4,017.72 | 32.58 | 197.24 | 39.78 |
| 31 March 2022 | 1,945.91 | 7,714.08 | 540.98 | 326.29 | 580.76 |
| 31 December 2022 | 2,695.18 | 8,757.11 | 501.90 | 266.31 | 1,082.66 |
AS OF NOW, the GMP OF Vasa Denticity Limited is Around 68 Rs.