BAJAJ BROKING

Notification
No new Notification messages
Inventurus Knowledge Solutions IPO is Open!
Apply for the Inventurus Knowledge Solutions IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Madhusudan Masala Ltd

FMCG

Offer Period :

18th to 21st Sep 2023

Madhusudan Masala Limited, operating under "DOUBLE HATHI" and "MAHARAJA" brands, manufactures and processes over 32 spice types, tea, and grocery items. Its ISO-certified facility in Hapa, Jamnagar, produces ground and Read more... blend spices. Fiscal revenues were Rs. 12,721.60 Lacs in 2023, Rs. 6,540.81 Lacs in 2022, and Rs. 6,868.03 Lacs in 2021.Read less

Madhusudan Masala Ltd IPO Details

IPO Date 18th to 21st Sep 2023 Minimum Investment ₹140000 / 1 Lots
Listing Date 2023-09-26 Maximum Investment ₹140000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹23.8 Crores
Price ₹70 to ₹70 per share Fresh Issue ₹23.8 Crores
Lot Size 1 Lots (2000 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 18th to 21st Sep 2023
Listing Date 2023-09-26
Face Value ₹10 per share
Price ₹70 to ₹70 per share
Lot Size 1 Lots (2000 Shares)
Listing At NSE-SME
Employee Discount ₹0 per share
Minimum Investment ₹140000 / 1 Lots
Maximum Investment ₹140000 / 1 Lots
Total Issue Size ₹23.8 Crores
Fresh Issue ₹23.8 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

18th Sep

IPO Starts

21st Sep

IPO Ends

26th Sep

Allotment Date

27th Sep

Initiation of Refund

29th Sep

Credit of Shares to Demat Account

26th Sep

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 98.8 73.5
Public Group 1.2 26.5

Madhusudan Masala Ltd IPO Reservation

QIB Shares Offered 1612000(47.41%)
NII (HNI) Shares Offered 486000(14.29%)
Retail Shares Offered 1130000(33.24%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 3400000
Total Shares With Anchor Investor 3400000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Madhusudan Masala Ltd IPO Registrar

KFin Techologies Ltd
Phone Number +91 40 6716 2222
Email Id mml.ipo@kfintech.com
Our Website www.kfintech.com

Madhusudan Masala Ltd IPO Lead Manager

1. Hem Securities Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Madhusudan Masala Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Madhusudan Masala Ltd

1. We have a recognized brand name with heritage and a legacy of over four decades.

2. Consistent focus on quality.

3. Long Standing Relationship with our customers.

4. Diversified product portfolio.

5. In house manufacturing capabilities.

Risks Involved

1. The company future success depends on its ability to promote its brand and protect the company reputation. The company failure to establish and promote its brand and any damage to the company reputation will hinder its growth.

2. The company operate in highly competitive markets, and the scale and resources of some of its competitors may allow them to compete more effectively than the company can, which could result in a loss of its market share and a decrease in the company net revenues and profitability.

3. The company do not manufacture some of its products such as Tea and Other Grocery Products like:Papad, Soya Products, Asafoetida (Hing), Black Salt, Rock Salt etc in its own capacity but procure the same from third party suppliers.

4. The success of processing of spices is dependent on the timely supply of raw materials to its processing unit, which are subject to various uncertainties and risks. The company is depends on third party suppliers and transport agencies, and its material prices are subject to fluctuations.

5. The improper handling, processing or storage of its raw materials or products, or spoilage of and damage to such raw materials and products, or any real or perceived contamination in its products, could subject it to regulatory action, damage its reputation and have an adverse effect on the company business, results of operations and financial condition.

6. The company business also depends on the performance of its wholesalers. Any non- performance by them may adversely affect itsbusiness operations, profitability and cash flows.

7. If the company fail to successfully expand its product portfolio or fail to develop and commercialize new products that are well received by consumers in a timely manner, the company operating results may be materially and adversely affected.

8. The company is significantly dependent on the sale of chilli and chilli powder. An inability to anticipate or adapt to changing consumer tastes and preferences for these products or inability to ensure product quality or reduction in the demand of these products may adversely impact its revenue from operations and growth prospects.

9. The markets in which its compete are characterized by consumers and their rapidly changing tastes and preferences and therefore as a result the Company may be affected by any disruptions in the industry.

10. The company is heavily reliant on its relationships with certain wholesalers. Disruptions to such relationships, changes in their business practices, their failure to meet payment schedules could adversely affect its business, cash flows and results of operations.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Madhusudan Masala Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2023-09-26 91841 MADHUSUDAN
INE0P6701019
₹70 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹70 ₹70
Open ₹0 ₹120
Low ₹0 ₹114
High ₹0 ₹124
Low ₹0 ₹114

Frequently Asked Questions

What is Madhusudan Masala Ltd IPO?

Answer Field

Madhusudan Masala Ltd IPO is a SME IPO of 34,00,000 equity shares of a face value of ₹10 aggregating up to ₹23.8 Crores. The issue is priced at ₹70 to ₹70 per share. The minimum order quantity is 2000 Shares. The IPO opens on September 18, 2023, and closes on September 21, 2023. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Madhusudan Masala Ltd IPO will open?

Answer Field

The Madhusudan Masala Ltd IPO opens on September 18, 2023 and closes on September 21, 2023.

What is the lot size of Madhusudan Masala Ltd?

Answer Field

Madhusudan Masala Ltd lot size is 2000 shares, and the minimum amount required is ₹1,40,000.

How to apply for Madhusudan Masala Ltd IPO?

Answer Field

You can apply in Madhusudan Masala Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Madhusudan Masala Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Madhusudan Masala Ltd IPO will be done on September 26, 2023, and the allotted shares will be credited to your demat account by September 29, 2023.

When is Madhusudan Masala Ltd IPO listing date?

Answer Field

The Madhusudan Masala Ltd listing date is September 26, 2023.

Who is the registrar of Madhusudan Masala Ltd IPO?

Answer Field

The registrar of Madhusudan Masala Ltd IPO is KFin Techologies Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Hem Securities Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Madhusudan Masala Ltd IPO?

Answer Field

The fresh issue size is ₹23.8 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Madhusudan Masala Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 2000 shares and ₹1,40,000 amount.

How can I approve the UPI mandate request for Madhusudan Masala Ltd IPO?

Answer Field

To apply for Madhusudan Masala Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Madhusudan Masala Ltd?

Answer Field

The price of each Madhusudan Masala Ltd share will be ranging in between ₹70 to ₹70 per share.

What is the cut-off time for the UPI mandate for Madhusudan Masala Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, September 21, 2023.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • ONE MOBIKWIK SYSTEMS LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹265.0 - 279.0

  • IPO Size

    ₹5,72,00,00,000

  • Apply Now
  • PURPLE UNITED SALES LIMITEDSME IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹121.0 - 126.0

  • IPO Size

    ₹32,81,00,000

  • Apply Now
  • SAI LIFE SCIENCES LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹522.0 - 549.0

  • IPO Size

    ₹30,42,62,00,000

  • Apply Now
  • VISHAL MEGA MART LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹74.0 - 78.0

  • IPO Size

    ₹80,00,00,00,000

  • Apply Now
  • YASH HIGHVOLTAGE LIMITEDSME IPO

  • Bidding Dates

    12th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹138.0 - 146.0

  • IPO Size

    ₹1,10,01,00,000

  • Apply Now
  • HAMPS BIO LIMITEDSME IPO

  • Bidding Dates

    13th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹51.0 - 51.0

  • IPO Size

    ₹6,22,00,000

  • Apply Now
  • NACDAC INFRASTRUCTURE LIMITEDSME IPO Early Access

  • Bidding Dates

    17th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹33.0 - 35.0

  • IPO Size

    ₹10,01,00,000

  • Apply Now
  • NACDAC INFRASTRUCTURE LIMITEDSME IPO Early Access

  • Bidding Dates

    17th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹33.0 - 35.0

  • IPO Size

    ₹10,01,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • SWIGGY LIMITEDMainboard IPO

  • Bidding Dates

    6th Nov 2024 - 11th Nov 2024

  • Price Range

    ₹371.0 - 390.0

  • IPO Size

    ₹1,13,27,43,00,000

  • Invest Now
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • ONYX BIOTEC LIMITEDSME IPO

  • Issue Price

    61.00

  • Listing Day Close

    56.75

  • Listing Day (Gain/Loss)

    -6.56

  • SWIGGY LIMITEDMainboard IPO

  • Issue Price

    390.00

  • Listing Day Close

    455.95

  • Listing Day (Gain/Loss)

    16.92

  • DANISH POWER LIMITEDSME IPO

  • Issue Price

    380.00

  • Listing Day Close

    598.50

  • Listing Day (Gain/Loss)

    57.63

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text