Madhavbaug IPO Date, Review, Price, Form & Market Lot Details

Vaidya Sane Ayurved Laboratories Limited aka Madhavbaug SME IPO to open on February 10 and will close on February 15, 2022. Madhavbaug is India’s Leading Chain of Cardiac Care Clinics & Hospitals. They provide treatments like Heart Disease Reversal, Diabetes Reversal, BP Management, Obesity Management, and Knee Pain Relief Camp. They operate in Maharashtra, Madhya Pradesh, Gujarat, Uttar Pradesh, Goa, Karnataka, Delhi, and Chhattisgarh with 272 clinics. In these, they owned 52 while around 222 are franchise clinics. They have 2 Madhavbaug Hospital in Khopoli and Kondhali. Their application Power MAP is a medical analytics application developed by Madhavbaug, built for doctors to help them get necessary medical intelligence regarding patients’ clinical parameters to reverse their chronic Disease effectively. The company offers services via their online portal Madhavbaug Wellness, and via MIB Pulse App.

Madhavbaug is an NSE SME IPO and they are going to raise ₹20.23 crores via SME IPO. The IPO price band is fixed at ₹73 with a market lot of 1600 shares. Check out Madhavbaug IPO date, price band, and market lot details.

Madhavbaug IPO Review

Madhavbaug IPO Date & Price Band

IPO Open:	10 February 2022
IPO Close:	10 February 2022
IPO Size:	Approx ₹20.23 Crores
Face Value:	₹10 Per Equity Share
Price Band:	₹73 Per Equity Share
Listing on:	NSE SME
Retail Quota:	50%
NII Quota:	50%
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here

Madhavbaug IPO Market Lot

The Madhavbaug IPO minimum market lot is 1600 shares with ₹116,800 application amount.

IPO Lot Size:	Minimum 1600 Shares for 1 lot
Minimum Amount:	₹116,800 for 1 lot

Madhavbaug IPO Time Table, Allotment & Listing

The Madhavbaug IPO date is 10 February 2022 and the IPO close date is 15 February 2022. The allotment date is 18 February 2022 and the IPO may list on 23 February 2022.

IPO Open Date:	10 February 2022
IPO Close Date:	15 February 2022
Basis of Allotment:	18 February 2022
Refunds:	21 February 2022
Credit to Demat Account:	22 February 2022
IPO Listing Date:	23 February 2022

Madhavbaug IPO Form

How to apply the Madhavbaug IPO? You can apply Madhavbaug IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Madhavbaug IPO in the Invest section. The other option you can apply Madhavbaug IPO via IPO forms download via NSE website. Check out the Madhavbaug forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Madhavbaug Company Financial Report

₹ in Crores
	Revenue	Expense	PAT
2019	₹62.57	₹59.53	₹0.50
2020	₹75.30	₹72.58	-₹0.56
2021	₹52.28	₹47.65	₹1.55
2022 – 6M	₹31.57	₹28.95	₹1.35

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