Vaidya Sane Ayurved Laboratories Limited aka Madhavbaug SME IPO to open on February 10 and will close on February 15, 2022. Madhavbaug has a strong track record of patients who have obtained relief from life-threatening diseases with Madhavbaug’s treatments. Founded in 2006 with a vision to reduce mortality and morbidity due to heart disease and lifestyle disorders, Madhavbaug has established a strong foothold in non-invasive cardiac care with 240 clinics and 2 hospitals. Madhavbaug legacy is an outcome of our deeply ingrained philosophy of Whatever It Takes which is a promise of doing everything possible to provide the best cardiac care to patients.
Madhavbaug is an NSE SME IPO and they are going to raise ₹20.23 crores via SME IPO. The IPO price band is fixed at ₹73 with a market lot of 1600 shares.
Check Out The Madhavbaug IPO Details
Madhavbaug IPO Date & Price Band:
| IPO Opening Date | Feb 10, 2022 |
| IPO Closing Date | Feb 15, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹73 per equity share |
| Market Lot | 1600 Shares |
| Min Order Quantity | 1600 Shares |
| Listing At | NSE SME |
| Issue Size | 2,771,200 Eq Shares of ₹10 (aggregating up to ₹20.23 Cr) |
| Fresh Issue | 2,771,200 Eq Shares of ₹10 (aggregating up to ₹20.23 Cr) |
Madhavbaug IPO Tentative Timetable
The Madhavbaug IPO open date is Feb 10, 2022, and the close date is Feb 15, 2022. The issue may list on Feb 23, 2022.
| IPO Open Date | Feb 10, 2022 |
| IPO Close Date | Feb 15, 2022 |
| Basis of Allotment Date | Feb 18, 2022 |
| Initiation of Refunds | Feb 21, 2022 |
| Credit of Shares to Demat Account | Feb 22, 2022 |
| IPO Listing Date | Feb 23, 2022 |
Madhavbaug IPO Market Lot:
The Madhavbaug IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lot (1600 shares or ₹116,800).
| Minimum Lot Size: | Minimum 1600 Shares |
| Minimum Amount: | ₹116,800 |
| Maximum Lot Size: | Maximum 1600 Shares |
| Maximum Amount: | ₹116,800 |
Madhavbaug Financial:
| Particulars | For the year/period ended (₹ in Millions) | ||
|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 257.80 | 258.06 | 291.11 |
| Total Revenue | 315.65 | 522.79 | 752.97 |
| Profit After Tax | 13.54 | 15.47 | -5.57 |
Madhavbaug IPO Reviews / Ratings
- Updates Soon
Brokerage Firm IPO Reviews for Madhavbaug IPO
- ICICI Securities: Adding Soon
- Motilal Oswal: Adding Soon
- Capital Market: Adding Soon
- Ventura Securities Limited: Adding Soon
- KR Choksey: Adding Soon
- AXIS Capital Ltd: Neutral
Madhavbaug IPO Form:
How to apply the Madhavbaug IPO? You can apply for Madhavbaug IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Madhavbaug IPO in the Invest section. The other option is you can apply to Madhavbaug IPO via IPO forms downloaded via NSE and BSE. Check out the Richa Info Systems IPO forms - click NSE Forms & BSE Forms blank Madhavbaug IPO forms download, fill, and submit in your bank or with your broker.
Madhavbaug IPO Subscription Numbers(Day 1)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | x | x | x |
| NII | x | x | x |
| RII | x | x | x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | x | x | x |
Madhavbaug IPO Prospectus
Madhavbaug Promoters:
- Dr. Rohit Madhav Sane
Madhavbaug IPO Registrar:
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Madhavbaug IPO Lead Managers:
- Swastika Investmart Ltd
Madhavbaug Company Address:
Vaidya Sane Ayurved Laboratories Limited
Fl. 5, 1047, Shriram Bhawan,
Shukrawar Peth, Pune – 411002,
Maharashtra, India
Phone: +91 7738070019
Email: cs@madhavbaug.com
Website: https://madhavbaug.org/
Madhavbaug IPO FAQs
What is Madhavbaug IPO?
Madhavbaug IPO is an NSE SME IPO. They are going to raise ₹20.23 Crores via IPO. The issue is priced at ₹73 per equity share. The IPO is to be listed on NSE.
When Madhavbaug IPO will open?
The IPO is to open on 10 February 2022 for NII, and Retail Investors.
What is Madhavbaug IPO Investors Portion?
The investors' portion for NII is 50%, and Retail is 50%.
How to Apply the Madhavbaug IPO?
You can apply for Madhavbaug IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Madhavbaug IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Madhavbaug". Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Madhavbaug IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Madhavbaug". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.
What is Madhavbaug's IPO Size?
Madhavbaug IPO size is ₹20.23 crores.
What is Madhavbaug IPO Price Band?
Madhavbaug IPO Price Band is ₹73 per equity share.
What is the Madhavbaug IPO Minimum and Maximum Lot Size?
The IPO bid is 1600 shares with ₹116,500.
What is the Madhavbaug IPO Allotment Date?
Madhavbaug IPO allotment date is 18 February 2022.
What is Madhavbaug IPO Listing Date?
Madhavbaug IPO listing date is 23 February 2022. The IPO to list on NSE SME.
