Vaidya Sane Ayurved Laboratories Limited IPO Review
Madhavbaug is a medical service facility that combines contemporary technology with ancient Ayurvedic procedures to treat chronic conditions such as heart disease, diabetes, hypertension, and obesity. It treats chronic illnesses with non-invasive, interdisciplinary, and innovative therapy. The firm primarily treats health illness reversal, (ii) diabetes reversal, (iii) blood pressure control, (iv) obesity management, and (v) knee pain alleviation.
The firm maintains 274 clinics across Maharashtra, Madhya Pradesh, Gujarat, Uttar Pradesh, Goa, Karnataka, Delhi, and Chhattisgarh as of November 30, 2021. There are 52 company-owned clinics and 222 franchise clinics among these. In addition, the organisation has two cardiac preventive and rehabilitation facilities in Khopoli and Nagpur.
Subscription Dates | 10 – 15 February 2022 |
Price Band | INR 73 per share |
Fresh issue | 27,71,200 shares (INR 20.23 crore) |
Offer For Sale | Nil |
Total IPO size | 27,71,200 shares (INR 20.23 crore) |
Minimum bid (lot size) | 1,600 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | NSE Emerge |
| FY2019 | FY2020 |
Revenue | 62.57 | 75.30 |
Expenses | 59.53 | 72.58 |
Net income | 0.50 | (0.56) |
| FY2021 | H1 FY2022 |
Revenue | 52.28 | 31.57 |
Expenses | 47.65 | 28.95 |
Net income | 1.55 | 1.35 |
Earnings Per Share (EPS): INR 2.22
Pre-IPO Price/Earnings (PE ratio): 32.91
Return on Net Worth (RONW): 15.84%
Net Asset Value (NAV): INR15.95 per share
Listing Performance of Vaidya Sane Ayurved Laboratories Limited IPO
Listed On : Feb 23, 2022
Issue Price : ₹73 per equity share
Listing Day Close : Feb 15, 2022
Listing Day Gain :
NSE : NA
ISIN CODE : INE0JR301013
BSE : NA
Dilip Davda – Avoid
| IPO Open Date | Feb 10, 2022 |
| IPO Close Date | Feb 15, 2022 |
| Basis of Allotment Date | Feb 18, 2022 |
| Initiation of Refunds | Feb 21, 2022 |
| Credit of Shares to Demat Account | Feb 22, 2022 |
| IPO Listing Date | Feb 23, 2022 |
Vaidya Sane Ayurved Laboratories Limited
201 B, Bhoomi Velocity,
Road No. 23, Above ICICI Bank,
Wagle Estate, Thane (West),
Thane – 400604, Maharashtra
Phone: +91 7738070019
Email: cs@madhavbaug.com
Website: www.madhavbaug.org
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059,
Maharashtra, India
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Vaidya Sane Ayurved Laboratories Limited IPO FAQ's
The Vaidya Sane Ayurved Laboratories Limited IPO is a NSE SME IPO of ₹125 per equity share with a face value of 10 per equity share.
The issue size is priced at 2,771,200 Eq Shares of ₹10 (aggregating up to ₹20.23 Cr). The fresh issue size priced at 2,771,200 Eq Shares of ₹10 (aggregating up to ₹20.23 Cr).
The initial public offering (IPO) begins on Feb 10, 2022 and ends on Feb 15, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.
The Vaidya Sane Ayurved Laboratories Limited IPO opens on Feb 10, 2022 and closes on Feb 15, 2022. The IPO Issue date may list on Feb 23, 2022.
Vaidya Sane Ayurved Laboratories Limited IPO Market lot size is 1600 Shares and the minimum order quantity is 1600 Shares.
The finalisation of Basis of Allotment for Vaidya Sane Ayurved Laboratories Limited IPO will be done on Feb 18, 2022. and the allotted shares will be credited to your demat account by Feb 22, 2022. Check the Vaidya Sane Ayurved Laboratories Limited IPO status.
The Vaidya Sane Ayurved Laboratories Limited IPO listing date is on Feb 23, 2022.
Vaidya Sane Ayurved Laboratories Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Vaidya Sane Ayurved Laboratories Limited IPO Comments
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