Laxmi Dental Limited, originally established as Laxmi Dental Export Private Limited in 2004, is a leading manufacturer of dental products with a wide range of offerings, including custom-made crowns, bridges, clear aligners, thermoforming sheets, and pediatric dental products. Over the years, the Company has grown its operations with six manufacturing facilities and expanded its footprint both domestically and internationally, including the establishment of a foreign subsidiary, Laxmi Dental Lab USA, Inc, in 2012.
The Company is recognized for its premium dental solutions, notably its "Illusion Zirconia" branded crowns and its "Illusion Aligners," which became the first Indian clear aligner brand to receive US FDA 510(k) clearance in 2021. Laxmi Dental also serves niche sectors through its divisions, such as the Vedia Solutions Division, established in 2019 to manufacture advanced dental products like 3D printing resins and aligner accessories, and its 60% stake ownership in Kids-E-Dental LLP, which focuses on the pediatric dental segment.
The Company has consistently emphasized quality manufacturing, earning multiple ISO 13485:2016 certifications for its quality management systems in medical devices. With its forward-looking vision and continuous innovation, Laxmi Dental positions itself as a key player in the dental technology market.
To fuel its next phase of growth, Laxmi Dental is planning an Initial Public Offering (IPO), aiming to raise Rs. 150 crore through a fresh equity issue and an additional offer for the sale of 12,826,847 equity shares. This infusion of capital is expected to strengthen the Company’s market presence and fund its expansion initiatives.
