Vasa Denticity Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Vasa Denticity Ltd IPO
Registered Office: Khasra No. 714 Village P.O,Chattarpur South Delhi , Delhi - 110074 , Delhi , India. Phone : +91 85273 60456 Fax: Email : cs@dentalkart.com Website : www.dentalkart.com
Initial public offer of upto 42,24,000 equity shares of face value of (Rs)10/-each (the "Equity Shares") of Vasa Denticity Limited ("The Company" or "STL" or "The Offerr") at an offer price of (Rs)128 per equity share for cash, aggregating up to (Rs)54.07 crores ("Public Offer") comprising of a fresh issue of upto 31,74,000 equity shares aggregating to (Rs)40.63 crores (the "Fresh Issue") and an offer for sale of upto 10,50,000 equity shares by the selling shareholders ("Offer for Sale") aggregating to (Rs)13.44 crores comprising; up to 5,98,500 equity shares aggregating up to (Rs)7.66 crores by Vikas Agarwal, up to 3,99,000 equity shares aggregating up to (Rs)5.11 crores by Sandeep Aggarwal, up to 31,500 equity shares aggregating up to (Rs)0.40 crores by Manish Kumar and up to 21,000 equity shares aggregating up to (Rs)0.27 crores by Nakul Varshney (collectively refferd as "Selling Shareholders") out of which 2,16,000 equity shares of face value of (Rs)10 each, at an offer price of (Rs)128 per equity share for cash, aggregating (Rs)2.76 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 40,08,000 equity shares of face value of (Rs)10 each, at an offer price of (Rs)128 per equity share for cash, aggregating upto (Rs)51.30 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.37% and 25.02% respectively of the post-offer paid-up equity share capital of the company. The face value of the equityshares is (Rs)10 and offer price is (Rs)128 the offer price is 12.80 times of the face value of the equity share. Bids can be made for a minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
23-May-23	25-May-23	(Rs)128.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :1000 Further Multiples of :1000

(Rs Cr)

Lead Managers to the Issue

Project Cost

37.66

Hem Securities Ltd

Project Financed through Current Offer

54.07

Post Issue Equity Share Capital

16.02

Issue Price

(Rs)128.00

Projects

To meet working capital requirements	General corporate purposes
Expenditure to enhance visibility and awareness of its brands

Promoted By
Vikas Agarwal
Sandeep Aggarwal
Manish Kumar

Listing At
NSE - SME

Registrar to the Issue

MAS Services Ltd