31 Mar 2020
Assets4.82
Total Income30.45
Profit After Tax0.09
NET Worth0.27
Reserves and Surplus0.07
Total Borrowing0.65
At a glance
Updated 2026-08-23The shares listed at ₹211.00, a 64.84% move from the issue price. Vasa Denticity is a SME IPO with an issue size of ₹54.07 crore, proposed for listing on NSE SME. The offer opens on 23rd May 2023 and closes on 25th May 2023. The issue structure includes a fresh issue of ₹37.86 crore and an offer-for-sale component of ₹13.44 crore. The current listing schedule points to 2nd Jun 2023.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹54.07 Cr
Fresh issue₹37.86 Cr
Offer for sale₹13.44 Cr
Face value₹10
Price band₹121.00–₹128.00
Allotment30th May 2023
Listing2nd Jun 2023
Listing performance
Full performance ↗Issue price₹128.00
Listing price₹211.00
Current price—
Listing gain64.84%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹53.00
GMP / upper price41.41%
Est. listing₹181.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens23rd May 2023
Closes25th May 2023
Allotment30th May 2023
Refund31st May 2023
Demat1st Jun 2023
Listing2nd Jun 2023
Subscription demand
Full bidding ↗Total67.99×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1000 | ₹128,000 |
Company
Incorporated2016
Use of proceeds
| Object | Amount |
|---|---|
| To Meet Working Capital Requirements; | ₹26.00 Cr |
| Expenditure to enhance visibility and awareness of the brands | ₹3.00 Cr |
| General Corporate Purposes | ₹8.66 Cr |
Financials
Full financials ↗31 Mar 2021
Assets6.91
Total Income40.18
Profit After Tax0.33
NET Worth0.60
Reserves and Surplus0.40
Total Borrowing1.97
31 Mar 2022
Assets19.46
Total Income77.14
Profit After Tax5.41
NET Worth6.01
Reserves and Surplus5.81
Total Borrowing3.26
31 Dec 2022
Assets26.95
Total Income87.57
Profit After Tax5.02
NET Worth11.03
Reserves and Surplus10.83
Total Borrowing2.66
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2022 |
|---|---|
| ROE | 90.05% |
| ROCE | 62.30% |
| Debt / Equity | 0.24% |
| RoNW | 90.05% |
| PAT Margin | 7.03% |
| EBITDA Margin | 7.64% |
Valuation & shareholding
Pre-IPO EPS4.43
Pre-IPO P/E30.62
Promoter holding pre95%
Promoter holding post69.62%
Market cap₹205.01 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manger Fees | ₹0.97 Cr |
| Fees Payable to Registrar to the Offer | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.55 Cr |
| Fees Payable to Regulators including Stock Exchange | ₹0.05 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.06 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Syndicate Members Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | ₹2.30 Cr |
Registrar & lead managers
Registrar
MAS Services Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.