Vaidya Sane Ayurved Laboratories Limited aka Madhavbaug SME IPO to open on February 10 and will close on February 15, 2022. Madhavbaug is India’s Leading Chain of Cardiac Care Clinics & Hospitals. They provide treatments like Heart Disease Reversal, Diabetes Reversal, BP Management, Obesity Management, and Knee Pain Relief Camp. They operate in Maharashtra, Madhya Pradesh, Gujarat, Uttar Pradesh, Goa, Karnataka, Delhi, and Chhattisgarh with 272 clinics. In these, they owned 52 while around 222 are franchise clinics. They have 2 Madhavbaug Hospital in Khopoli and Kondhali. Their application Power MAP is a medical analytics application developed by Madhavbaug, built for doctors to help them get necessary medical intelligence regarding patients’ clinical parameters to reverse their chronic Disease effectively. The company offers services via their online portal Madhavbaug Wellness, and via MIB Pulse App.
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 Madhavbaug IPO date, price band, and market lot details.
Madhavbaug IPO Date & Price Band
Madhavbaug IPO Review
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Madhavbaug IPO Date & Price Band
| IPO Open: | 10 February 2022 |
| IPO Close: | 15 February 2022 |
| IPO Size: | Approx ₹20.23 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹73 Per Equity Share |
| Listing on: | NSE SME |
| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Madhavbaug IPO Market Lot
The Madhavbaug IPO minimum market lot is 1600 shares with ₹116,800 application amount.
| IPO Lot Size: | Minimum 1600 Shares for 1 lot |
| Minimum Amount: | ₹116,800 for 1 lot |
Madhavbaug IPO Time Table, Allotment & Listing
The Madhavbaug IPO date is 10 February 2022 and the IPO close date is 15 February 2022. The allotment date is 18 February 2022 and the IPO may list on 23 February 2022.
| IPO Open Date: | 10 February 2022 |
| IPO Close Date: | 15 February 2022 |
| Basis of Allotment: | 18 February 2022 |
| Refunds: | 21 February 2022 |
| Credit to Demat Account: | 22 February 2022 |
| IPO Listing Date: | 23 February 2022 |
Madhavbaug IPO Form
How to apply the Madhavbaug IPO? You can apply 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 you can apply Madhavbaug IPO via IPO forms download via NSE website. Check out the Madhavbaug forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Madhavbaug Company Financial Report
| ₹ in Crores | |||||
| Revenue | Expense | PAT | |||
| 2019 | ₹62.57 | ₹59.53 | ₹0.50 | ||
| 2020 | ₹75.30 | ₹72.58 | -₹0.56 | ||
| 2021 | ₹52.28 | ₹47.65 | ₹1.55 | ||
| 2022 – 6M | ₹31.57 | ₹28.95 | ₹1.35 | ||
Company Promoters
- Dr. Rohit Madhav Sane
Madhavbaug IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Note: Check Madhavbaug IPO allotment status on Bigshare website allotment URL. Click Here
Madhavbaug IPO Lead Managers
- First Overseas Capital Limited
Company Address
Vaidya Sane Ayurved Laboratories Limited
Fl. 5, 1047, Shriram Bhawan,
Shukrawar Peth, Pune – 411002,
Maharashtra, India
Phone: +91 7738070019
Email: [email protected]
Website: https://madhavbaug.org/
Madhavbaug IPO FAQs
What is Madhavbaug IPO?
Madhavbaug IPO is a 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 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 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 Madhavbaug IPO Minimum and Maximum Lot Size?
The IPO bid is 1600 shares with ₹116,500.
What is 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.
Note: The Madhavbaug IPO details are announced officially. The IPO grey market premium (Madhavbaug IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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