Laxmi Dental shares zoom over 13% as ICICI Prudential MF buys nearly 3% stake; key details to know

▤ Summary

Laxmi Dental shares rose after ICICI Prudential Mutual Fund bought a 2.91% stake through bulk deals on the NSE and BSE. At the same time, Abu Dhabi Investment Authority sold 2.03% of its holding in the company. The article also reviews Laxmi Dental’s recent IPO performance, including its strong subscription and listing gains. It notes that the company plans to use fresh issue proceeds for debt repayment, capex, subsidiary investment, and general corporate purposes. Laxmi Dental offers integrated dental products, including crowns, bridges, aligner solutions, and pediatric dental products.

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