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Madhusudan Masala IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jamnagar and caters to Agro - Food Products sector. Hem Securities is the merchant banker of Madhusudan Masala IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th July 2023.
Madhusudan Masala IPO open date is 18th September 2023 and close date is 21st September 2023. IPO Allotment Date is 26th September 2023 and Listing date is 26th September 2023.Madhusudan Masala IPO size is Rs 23.80 Cr. crores with IPO price of Rs 70.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Madhusudan Masala IPO. Kfin Technologies Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Madhusudan Masala IPO.
Madhusudan Masala IPO anchor investors are the below investors. The number of anchor investors in this IPO is 6.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Rajasthan Global Securities | 144,000.00 | ₹70.00 | ₹10,080,000.00 |
| Nav Capital Vcc | 144,000.00 | ₹70.00 | ₹10,080,000.00 |
| Meru Investment Fund | 246,000.00 | ₹70.00 | ₹17,220,000.00 |
| Next Orbit Ventures | 144,000.00 | ₹70.00 | ₹10,080,000.00 |
| FINAVENUE GROWTH FUND | 144,000.00 | ₹70.00 | ₹10,080,000.00 |
| Knightstone Capital LLP | 144,000.00 | ₹70.00 | ₹10,080,000.00 |
Madhusudan Masala IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Madhusudan Masala IPO, based in Jamnagar, operates in the Agro - Food Products sector with a focus on Manufacturing and processing of Spices. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Madhusudan Masala IPO size is ₹ 23.80 Cr. Crores with fresh issue size of Rs 23.80 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Madhusudan Masala IPO is expected to be 26th September 2023, after the finalization of basis of allotment. Investors can check Madhusudan Masala IPO allotment status on the registrars website, Kfin Technologies Limited. Madhusudan Masala IPO refund dates are 27th September 2023.
Madhusudan Masala IPO is expected to be listed on 26th September 2023.
The upper price band for the Madhusudan Masala IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Madhusudan Masala IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Madhusudan Masala IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st September 2023. After submission, funds are blocked until the basis of allotment of Madhusudan Masala IPO is finalised.
The merchant banker for Madhusudan Masala IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Madhusudan Masala IPO RHP for further details.
The registrar for Madhusudan Masala IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Madhusudan Masala IPO through their official website or helpline.
Madhusudan Masala IPO was subscribed 444.27 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 23.80 Cr.
Avg IPO Size (Sector Based)
:
₹ 20.68 Cr.
Sector: Agro - Food Products
SME IPO so far:
32
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Jamnagar
SME IPO so far:
10
Revenue (annualised):
₹ 127.22 cr.
PE
Ratio:
15.70x
Average Sector PE Ratio: 19.17x
Madhusudan Masala IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Madhusudan Masala Financial Review Page
Merchant Banker(s) of Madhusudan Masala IPO: Hem Securities Limited
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 160.85.
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