Vaidya Sane Ayurved Laboratories IPO Details (Madhavbaug IPO)

Vaidya Sane Ayurved IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

Allotment Status

Listing Status

About Vaidya Sane Ayurved Laboratories

The company is a unique medical service institution that strives to treat chronic ailments like cardiac disease, diabetes, hypertension and obesity with the distinctive outlook of amalgamating technology with traditional healing of Ayurveda.The approach to treatment using non-invasive, multidisciplinary and innovative therapies which has helped establish as a dependable option for treating the chronic ailments.

Vaidya Sane Ayurved Laboratories is a health care provider primarily in the India’s chronic care ecosystem. Vaidya Sane Ayurved Laboratories provides the healthcare services through Madhavbaug clinics. As on November 30, 2021, the company operate 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.

Vaidya Sane Ayurved Laboratories also operate two cardiac prevention and rehabilitation hospitals in Khopoli and Nagpur respectively.

Currently, the network includes:

  • 274 Clinics
  • 2 Fully equipped Hospital

Important Details – Vaidya Sane Ayurved Laboratories

DateDetails
April 6, 1999The company was originally incorporated as a private limited company with the name ‘Vaidya Sane Ayurved Laboratories Private Limited’
November 19, 2021The company was converted into to a public limited company and the name of the company was changed to ‘Vaidya Sane Ayurved Laboratories Limited’

Objects of the Issue

  • Funding Branding and Advertising expenses
  • General Corporate Purposes

Vaidya Sane Ayurved Laboratories Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2,580.60 2,911.17 2,887.72
Total income 5,227.92 7,529.73 6,256.86
Total Expenses 4,765.31 7,258.30 5,952.82
Profit After Tax 154.70 (55.72) 49.59

Vaidya Sane Ayurved IPO Price – Details

DescriptionMADHAVBAUG IPO Details
Public IssueInitial Public Issue of upto 27,71,200 equity shares of ₹ 10 (aggregating up to ₹ 2,022.98 lakhs)
Issue Open  Date10-Feb-22
Issue Close Date15-Feb-22
Issue TypeFixed Price
IPO Price Band₹ 73
Face Value ₹ 10
Market Lot 1600 Equity Shares and in multiples thereof
Minimum Order Quantity 1600 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolMADHAVBAUG
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Madhavbaug IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11600₹ 1,16,800
Maximum11600₹ 1,16,800

Also Read: IPO Performance Tracker 2022

Vaidya Sane Ayurved IPO Lead Managers

  • First Overseas Capital limited

Vaidya Sane Ayurved IPO Registrar

Vaidya Sane Ayurved IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on10-Feb-22
Bid / Offer Closes on15-Feb-22
Finalisation of Basis of Allotment18-Feb-22
Initiation of refunds 21-Feb-22
Credit of the Equity Shares22-Feb-22
Listing Date23-Feb-22

Company Peers – Comparison of Accounting Ratios

The company does not have any listed peers which are comparable in terms of business

Company Registered Office

F1. 5, 1047, Shriram Bhawan,
Shukrawar Peth,
Pune – 411002,
Maharashtra, India;
Website: www.madhavbaug.org

Company Promoters

  • Dr. Rohit Madhav Sane

Vaidya Sane Ayurved Laboratories IPO – FAQS

What is the Madhavbaug IPO Price?

The Madhavbaug IPO price band is 73 per share

When Vaidya Sane Ayurved IPO will open?

The Vaidya Sane Ayurved IPO opens on Feb 10, 2022 and closes on Feb 15, 2022

What is the lot size of Vaidya Sane Ayurved Laboratories IPO?

The Vaidya Sane Ayurved Laboratories IPO lot size is 1600 Equity Shares and the minimum order quantity is 1600 Equity Shares

Who is the Registrar for Vaidya Sane Ayurved Laboratories IPO?

The Registrar for Vaidya Sane Ayurved Laboratories IPO is Bigshare Services Private Limited

How to apply in Vaidya Sane Ayurved Laboratories IPO through UPI?

Check the step by step process here – Click here

How to apply in Vaidya Sane Ayurved Laboratories IPO through Zerodha?

Check the step by step process here – Click here

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