Vaidya
Sane
Ayurved
Laboratories
Limited
aka
Madhavbaug
IPO
subscription
is
to
start
from
February
10,
2022,
Thursday.
The
company
to
raise
₹20.23
crores
via
SME
IPO
at
a
price
band
of
₹73.
The
retail
portion
of
this
IPO
is
50%,
and
HNI
is
50%
quota.
The
IPO
subscription
will
close
on
February
15,
2022,
Tuesday.
The
IPO
bid
for
the
IPO
is
1600
shares
that
cost
₹116,800
for
1
lot.
The
face
value
is
₹10
per
equity
share.
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.
The
company
reported
₹52.28
crores
of
revenues
in
2021
against
₹75.30
crores
in
2020.
The
company’s
financial
report
looks
good
while
profit
looks
going
up
in
last
few
quarters.
Please
check
the
Madhavbaug
IPO
details
over
here.
IPOWatch
View
We
recommend
investors
may
apply
for
an
IPO
at
their
own
risk.
Investors
should
also
look
at
the
Retail
and
HNI
numbers
before
investing.
You
can
check
the
Madhavbaug
IPO
allotment
status
here.
Madhavbaug IPO Subscription Status (Final Data)
| Category | Day 2 | Day 3 | Day 4 |
| NII | 0.95 | 1.62 | 2.66 |
| RII | 1.01 | 1.51 | 2.98 |
| Total | 0.98 | 1.56 | 2.82 |
Madhavbaug IPO Investor Categories
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
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
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 Subscription FAQs:
When
Madhavbaug
IPO
Subscription
will
start?
The
IPO
subscription
starts
on
10
February
2022
for
NII
and
Retail
Investors.
How
much
is
Madhavbaug
IPO
subscribed?
The
IPO
subscribed
2.82x
times
on
day
4.
What
is
Madhavbaug
IPO
Retail
subscription
status?
The
RII
subscription
is 2.98x
on
day
4.
How
to
subscribe
Madhavbaug
IPO?
You
can
go
with
ASBA
and
Non-ASBA
options
for
a
subscription.
Go
to
your
bank
account
and
apply
for
IPO
online
via
ASBA
or
download
the
form
online
or
get
the
physical
form
and
submit
the
filled
form
to
your
broker
or
bank.
How
do
I
check
live
Madhavbaug
IPO
Subscription
Numbers?
One
can
visit
our
portal
for
live
IPO
subscription
numbers
that
we
are
updating
hourly
basis
from
the
official
website
NSE
and
BSE
websites.
One
can
check
the
live
subscription
on
BSE
or
NSE
website
on
the
particular
IPO
page.
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