Prevest Denpro Limited IPO
i. Prevest Denpro Limited develop, manufacture and market a comprehensive portfolio of dental materials for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile.
ii. Their product portfolio covers a wide spectrum of materials for endodontics, prosthodontics, orthodontics, periodontics, restorative dentistry, aesthetic dentistry, and laboratory consumables. In F.Y. 2020-21, we generated total sales of Rs. 2743.94 lakhs, of which approximately 60.24% sales were from markets outside India.
iii. Their products are sold in over 75 countries in the regions of Europe, Asia, South America, the Middle East, and Africa.
iv. Its 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, they are currently expanding its existing manufacturing unit by setting up another manufacturing facility in over 16,000 sq. ft. area adjacent to its existing unit for manufacturing a new line of products that will include hygiene products (sanitizers and disinfectants), oral hygiene products (mouthwashes and mouth rinses), oral care products(medicated ointments, gels and creams for dental treatment) and biomaterials (i.e. bone augmentation materials).
i. Wide sales and distribution network
ii. Comprehensive product portfolio
iii. Experienced Promoters with strong management team
Objects of the Prevest Denpro Limited IPO:
Prevest Denpro Limited IPO Details:
|Open Date:||Sep 15 2021|
|Close Date:||Sep 17 2021|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Built Issue|
|Issue Size:||26.61 Cr.|
|Lot Size:||1600 Shares|
|Issue Price:||₹ 82 - 84 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Sep 27 2021|
Promoters And Management:
Financials of Prevest Denpro Limited IPO:
|Particulars (in Lakhs)||2021||2020||2019|
|Revenue from operations||2,743.94||2,276.93||1,927.74|
|Cost of material||798.45||704.56||650.55|
|Changes in inventory||-9.07||-5.75||-1.22|
|Employee Benifit Expense||468.5||451.47||345.56|
|Depreciation and amortisation||47.19||43.92||40.33|
|Profit before tax||936.13||627.7||375.62|
|Profit for the year||743.96||500.87||299.38|