Vaidya Sane Ayurved Laboratories Limited IPO

NSE SME

Listed On: Feb 23, 2022 at ₹ 102.0

₹ 116800 /1600 Shares

Check Allotment

IPO Details

10 Feb, 2022

Open Date

15 Feb, 2022

Close Date

21 Feb, 2022

Allotment Date

23 Feb, 2022

Listing Date

Issue Price

₹73 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

102.0

Listing Date

2022-02-23

Market Lot

1600 Shares (₹116,800/-)

Lead Manager

First Overseas Capital Limited

Issue Size

2,771,200 Eq Shares of ₹10(aggregating up to ₹20.23 Cr)

Retail Portion

N/A

Subscription

2.82 times

IPO Docs

DRHP RHP

IPO Subscription 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

Earnings Per Share (EPS)

₹1.47/-

P/E Ratio

49.61

RoNW

15.84%

Net Asset Value (NAV) - Post Issue

₹32.59/-

Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 90.08%

Post Issue Share Holding: 66.34%

Company Promoter(s)

Dr. Rohit Madhav Sane

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. 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 IPO price band is set between ₹73 per equity share.

Ans. To apply for Vaidya Sane Ayurved Laboratories Limited IPO 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 allotment status for Vaidya Sane Ayurved Laboratories Limited IPO here.