The Madhusudan Masala IPO minimum market lot is 2000 with ₹140,000 application amount. The IPO is an NSE SME IPO, and it will be listed on the NSE.
Madhusudan Masala is engaged in the business of manufacturing and processing more than 32 types of Spices under the brand names “DOUBLE HATHI” and “MAHARAJA”. They also sell products like Whole Spices, Tea, and Other Grocery Products like Rajgira flour, Papad, Soya Products, Asafoetida (Hing), Achar masala (Ready to make pickle powder), Sanchar (Black salt powder), Sindhalu (Rock salt powder), Katlu powder (Food supplement), Kasuri Methi (Dry fenugreek), etc under the brand name of “DOUBLE HATHI”. Furthermore, they also generate revenue from the trading of whole spices and food grains through unbranded sales.
IPOWatch View
We recommend investors may apply an IPO with Short-term and Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Madhusudan Masala IPO Subscription Status – Day 3
Category | Day 3 |
QIB | 86.91 |
NII | 574.08 |
RII | 592.73 |
Total | 444.27 |
Madhusudan Masala IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Madhusudan Masala IPO Review
- May Apply
Madhusudan Masala IPO Form
How to apply for the Madhusudan Masala IPO? You can apply for Madhusudan Masala IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Madhusudan Masala IPO in the Invest section. The other option is you can apply for Madhusudan Masala IPO via IPO forms downloaded via NSE. Check out the Madhusudan Masala forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
One Response
Kindly update me for new coming IPO.
Like it’s GMP, whether to apply or not
Thanks
RAMESH CHANDER PURI
M – 9654618768