51  Total SME IPOs listed in 2025

2,358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

51  Total SME IPOs listed in 2025

2358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

51  Total SME IPOs listed in 2025

2358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

51  Total SME IPOs listed in 2025

2358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

Madhusudan Masala Limited IPO (Madhusudan Masala IPO) Details

Madhusudan Masala Limited is an Agro - Food Products based company, located in Jamnagar, Madhusudan Masala Limited IPO size was 23.80 Cr. and was issued at 70.00 per share. The share of Madhusudan Masala Limited were listed at 114.00 per share and are currently trading at 149.40 per share.

Type :
Sub Sector : Manufacturing And Processing Of Spices
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
127.51 Cr.

PAT :
5.76 Cr.

Pricing Report

Issue Price :
70.00

Listing Price :
114.00

Current Market Price :
149.40

Issue Price vs CMP :
79.4 (113.43%)

listing Price vs CMP :
35.4 (31.05%)

Performance Report (CAGR* wise)

CAGR : 65.39
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Madhusudan Masala

Company Information
Madhusudan Masala Limited is engaged in the business of manufacturing and processing of more than 32 types of Spices under the brand names of “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 trading of whole spices and food grains through unbranded sales. Operating in the industry since last four decades, their promoters, Dayalji Vanravan Kotecha and Vijaykumar Vanravan Kotecha laid the foundation of the business and formed a partnership firm M/s Madhusudan
Show More
Object of Issue
  • Funding to meet working capital requirements
  • General Corporate Purposes

Madhusudan Masala SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2023
IPO Size :
23.80 Cr.
Market Cap :
90.30 Cr.   
IPO Subscription :
444.27 X     
PE Multiple :
15.70
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Kfin Technologies Limited
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

See Other SME IPOs in Jamnagar

Akshar Spintex Limited

  manufacturing of cotton yarn

  Jamnagar


Arvind and Company Shipping Agencies Limited

  Shipping Agencies

  Jamnagar


Goldstar Power Limited

  Company procures battery scrap and discarded batteries from dealers/retailers and converts into finished product

  Jamnagar


Marvel Decor Limited

  manufacturing venetian blinds components

  Jamnagar


Oceanic Foods Limited

  manufacturing of dehydrated food products

  Jamnagar


Peer Companies Of This Sector

FAQs

Madhusudan Masala operates in Agro - Food Products and Manufacturing And Processing Of Spices. The Issue is listed on NSE EMERGE in Sep, 2023. Madhusudan Masala IPO size was 23.80 Cr. with Issue price of 70.00 .

Madhusudan Masala IPO subscription was 444.27 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Madhusudan Masala IPO listed at a listing price of 114.00 against the offer price of 70.00.

The current market price of Madhusudan Masala is 149.40.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency