Madhusudan Masala Limited

Madhusudan Masala Limited

SMEClosed

₹1,40,000(2,000 Shares)

Minimum Investment

IPO Dates

Sep 18, 2023 – Sep 21, 2023

Price Band

₹66–70 per equity share

Lot Size

2000

Listing

Sep 26, 2023

Listing At

NSE SME

Sep 18, 2023Open DateCompleted
Sep 21, 2023Close DateCompleted
TBAAllotment DateUpcoming
Sep 26, 2023Listing DateCompleted

Madhusudan Masala Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail592.44x

Overall Subscription

Total Bids Received

444.12x

Madhusudan Masala Limited IPO Issue Details

Issue Price
₹66-70 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Sep 26, 2023

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)12,000₹1,40,000
Retail (Max)12,000₹1,40,000
sHNI (Min)24,000₹2,80,000

Company Information

Madhusudan Masala Limited is engaged in manufacturing and processing more than 32 types of Spices under the brand names DOUBLE HATHI and MAHARAJA.The company also offers Whole Spices, Tea, and Other G...

Valuations

RoNW

52.40%

Objectives of the Issue

  1. 1Funding to meet working capital requirements
  2. 2General Corporate Purpose.

Madhusudan Masala Limited – Promoter(s)

Mr. Dayalji Vanravan Kotecha
Mr. Vijaykumar Vanravan Kotecha
Mr. Rishit Dayalaji Kotecha
Mr. Hiren Vijaykumar Kotecha

Contact Details

Madhusudan Masala Limited IPO Documents

Frequently Asked Questions — Madhusudan Masala Limited IPO

The Madhusudan Masala Limited IPO price band is set at ₹66.00 to ₹70.00 per equity share.

The lot size for Madhusudan Masala Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,40,000.

The Madhusudan Masala Limited IPO opens on Sep 18, 2023 and closes on Sep 21, 2023.

Madhusudan Masala Limited IPO is expected to be listed on Sep 26, 2023 on NSE SME.

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