Madhavbaug Industries Limited was established in 2006 by Dr. Rohit Madhav Sane, who is the company promoter.
Madhavbaug operates as a medical service provider focused on chronic disease management. The company’s key treatment categories include Heart Disease Reversal, Diabetes Reversal, Blood Pressure Management and Obesity Management.
The company follows a non-invasive and multidisciplinary approach to chronic disease management. Its treatment programmes combine different therapies and aim to provide structured care for patients dealing with lifestyle-related and chronic ailments.
As of 30 November 2021, Madhavbaug operated 274 clinics across Maharashtra, Madhya Pradesh, Gujarat, Uttar Pradesh, Goa, Karnataka, Delhi and Chhattisgarh. The network included 52 company-owned clinics and 222 franchise clinics.
In addition to its clinic network, the company operated two cardiac prevention and rehabilitation hospitals located in Khopoli and Nagpur.
Madhavbaug IPO Details
The Madhavbaug IPO opened on 10 February 2022 and closed on 15 February 2022. The issue price was ₹73 per share, with a face value of ₹10. The company raised approximately ₹20.23 crore through a fresh issue.
| IPO Detail | Information |
|---|---|
| IPO Opening Date | 10 February 2022 |
| IPO Closing Date | 15 February 2022 |
| Issue Price | ₹73 per share |
| Fresh Issue | ₹20.23 Crore |
| Offer for Sale | Not specified in supplied data |
| Total Issue Size | ₹20.23 Crore |
| Minimum Bid | 1,600 Shares |
| Face Value | ₹10 per share |
| Listing | NSE SME |
Madhavbaug IPO Market Lot
The Madhavbaug IPO market lot consisted of 1,600 shares. At the issue price of ₹73 per share, one lot required an investment of ₹1,16,800.
| Lot | No. of Shares | Amount |
|---|---|---|
| Minimum | 1,600 Shares | ₹1,16,800 |
| Maximum | 1,600 Shares | ₹1,16,800 |
Madhavbaug Financial Performance
The supplied financial information represents the restated consolidated financial position for the period ended 30 September 2021.
| Financial Particulars | 30-Sep-2021 |
|---|---|
| Total Assets | ₹257.80 Million |
| Total Revenue | ₹315.65 Million |
| Profit After Tax | ₹13.54 Million |
| EPS | Not available in supplied data |
The supplied data shows revenue of ₹315.65 million and profit after tax of ₹13.54 million for the stated period. The source does not provide a usable EPS figure.
Madhavbaug IPO DRHP
Investors and researchers can refer to the supplied Draft Red Herring Prospectus for additional information about the company, its business, financials, risks and IPO structure.
Madhavbaug IPO Subscription Status
The Madhavbaug IPO subscription period ran from 10 February 2022 to 15 February 2022. Historical day-wise subscription information is available on IPOWala.
Check Madhavbaug IPO Subscription Status
Madhavbaug IPO GMP
Any GMP information for Madhavbaug should be treated as historical grey market information because the IPO was listed in February 2022. Grey market premiums are unofficial and may differ from the actual listing price.
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Madhavbaug IPO Allotment Date & Details
The Madhavbaug IPO allotment was completed after the issue closed on 15 February 2022. The shares were subsequently listed on the NSE SME platform on 23 February 2022.
| IPO Event | Date |
|---|---|
| Allotment Date | 18 February 2022 |
| Initiation of Refunds | 21 February 2022 |
| Transfer of Shares to Demat Accounts | 22 February 2022 |
| Listing Date | 23 February 2022 |
| Check Allotment Status | Check IPO Allotment |
Madhavbaug IPO Review
Madhavbaug entered the SME market with a healthcare business focused on chronic disease management. Its network included company-owned and franchise clinics across multiple Indian states, along with cardiac prevention and rehabilitation hospitals.
The company’s treatment portfolio covered heart disease, diabetes, blood pressure and obesity management. Investors reviewing this historical IPO should consider the healthcare business model, clinic expansion, franchise dependence, financial performance and risks associated with SME-listed companies.
Because the IPO closed in February 2022, this page provides historical IPO information rather than a current investment recommendation.
Registrar of Madhavbaug IPO
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin Works Building,
Opp. Oasis, Makwana Road,
Marol, Andheri East, Mumbai – 400 059
Tel: +91-22-62638200
Fax: +91-22-62638299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Mr. Babu Rapheal
SEBI Registration No.: INR000001385
Madhavbaug Contact Details
Vaidya Sane Ayurved Laboratories Limited
Fl. 5, 1047, Shriram Bhawan,
Shukrawar Peth, Pune – 411002,
Maharashtra, India
Phone: +91-7738070019
Email: cs@madhavbaug.com
Website: https://madhavbaug.org/
Madhavbaug IPO Lead Manager
First Overseas Capital Limited
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Tel: +91-22-4050 9999
Fax: +91-22-4050 9900
Email: satish@focl.in / mala@focl.in
Investor Grievance Email: investorcomplaints@focl.in
Website: www.focl.in
SEBI Registration No.: INM000003671
Contact Persons: Satish Sheth / Mala Soneji
Madhavbaug IPO FAQ
When was Madhavbaug IPO listed?
Madhavbaug IPO was listed on 23 February 2022 on the NSE SME platform.
When was Madhavbaug IPO allotment?
The Madhavbaug IPO allotment date was 18 February 2022.
What was the Madhavbaug IPO price?
The issue price was ₹73 per share.
What was the lot size of Madhavbaug IPO?
The Madhavbaug IPO lot size was 1,600 shares.
How much was one lot of Madhavbaug IPO?
One lot contained 1,600 shares. At ₹73 per share, the total lot value was ₹1,16,800.
What was the issue size of Madhavbaug IPO?
The total issue size was ₹20.23 crore.
What was the face value of Madhavbaug shares?
The face value was ₹10 per share.
What was the Madhavbaug IPO GMP?
GMP information for this IPO is historical because Madhavbaug was listed in February 2022. Grey market premiums are unofficial and do not guarantee actual listing performance.
How to check Madhavbaug IPO allotment?
Investors could check the Madhavbaug IPO allotment through the registrar, Bigshare Services Pvt. Ltd.
Check Madhavbaug IPO Allotment
How to check Madhavbaug IPO subscription status?
Historical subscription information for Madhavbaug IPO is available on IPOWala.
Check Madhavbaug IPO Subscription Status
How to apply for Madhavbaug IPO through Zerodha?
The Madhavbaug IPO closed in February 2022, so investors cannot apply for this IPO now. For historical reference, supported IPO applications generally required investors to select the IPO, enter the bid quantity and price, provide UPI details and approve the UPI mandate.
Where was Madhavbaug IPO listed?
Madhavbaug shares were listed on the NSE SME platform.
What was the face value of Madhavbaug shares?
The face value of Madhavbaug shares was ₹10 per share.