Vaidya Sane Ayurved Laboratories Limited IPO
NSE SMEListed On: Feb 23, 2022 at ₹ 102.0
₹ 233600 /3200 Shares
*Min Investment
10 Feb, 2022
Open Date15 Feb, 2022
Close Date21 Feb, 2022
Allotment Date23 Feb, 2022
Listing DateIPO Issue Details
- Issue Price ₹73 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,771,200 Eq Shares of ₹10(aggregating up to ₹20.23 Cr)
- Listing at NSE SME
- List Price 102.0
- Listing Date 2022-02-23
- Lead Manager First Overseas Capital Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Vaidya Sane Ayurved Laboratories Limited IPO is an SME IPO, priced at ₹73 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Feb 10, 2022 to Feb 15, 2022. The allotment is expected to be finalized on Feb 21, 2022, and the tentative listing date is Feb 23, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,315,200 | 1,315,200 | 2,630,400 |
Day 1 10-02-22 05:30 PM | 0.40 x | 0.59 x | 0.49 x |
Day 2 11-02-22 05:30 PM | 0.95 x | 1.01 x | 0.98 x |
Day 3 14-02-22 05:30 PM | 1.62 x | 1.51 x | 1.56 x |
Day 4 15-02-22 05:30 PM | 2.66 x | 2.98 x | 2.82 x |
Valuations
Company Financials
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 25.78 | 25.80 | 29.11 |
| Revenue | 31.56 | 52.27 | 75.29 |
| Profit After Tax | 1.35 | 1.54 | (0.55) |
About Company
Madhavbaug is a medical service institution engaged in the treatment of chronic ailments like cardiac disease, diabetes, hypertension, and obesity by combining modern technology with the traditional Ayurveda practices. It uses non-invasive, multidisciplinary, and innovative therapies for treating chronic ailments. The company mainly offers treatment for (i) Health disease reversal, (ii) Diabetes Reversal, (iii) BP Management, (iv) Obesity management, Knee pain relief.
As of November 30, 2021, the company operates 274 clinics across Maharashtra, Madhya Pradesh, Gujarat, Uttar Pradesh, Goa, Karnataka, Delhi, and Chhattisgarh. Out of these 52 are company-owned and 222 are franchise clinics. The company also operates two cardiac prevention and rehabilitation hospitals in Khopoli and Nagpur respectively.
The company offers several wellness products through their online portal Madhavbaug Wellness, and has an online app called MIB Pulse App which helps heart patients.
- Promoter(s)
Dr. Rohit Madhav Sane
Pre Issue Share Holding : 90.08%
Post Issue Share Holding : 66.34%
IPO - Issue Objectives
Funding Branding and Advertising expenses
General corporate purpose
IPO - FAQs
Ans. Vaidya Sane Ayurved Laboratories Limited IPO is a SME IPO. The issue is priced at ₹73 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Feb 10, 2022, and closes on Feb 15, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Vaidya Sane Ayurved Laboratories Limited IPO opens on Feb 10, 2022 and closes on Feb 15, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Vaidya Sane Ayurved Laboratories Limited IPO is 2,771,200 Eq Shares of ₹10(aggregating up to ₹20.23 Cr).
Ans. The Vaidya Sane Ayurved Laboratories Limited IPO price band is set between ₹73 per equity share.
Ans. To apply for Vaidya Sane Ayurved Laboratories Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vaidya Sane Ayurved Laboratories Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Vaidya Sane Ayurved Laboratories Limited IPO is Feb 21, 2022.
Ans. The Vaidya Sane Ayurved Laboratories Limited IPO will be listed on Feb 23, 2022.
Ans. Follow the steps to check the Vaidya Sane Ayurved Laboratories Limited IPO allotment status online.
