Vaidya Sane Ayurved Laboratories Limited IPO (Madhavbaug IPO)

Madhavbaug IPO
Upcoming Madhavbaug IPO | New Madhavbaug IPO

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.

Madhavbaug IPO

Competitive Strengths

  • The amalgamation of modern and ancient methods for curing diseases
  • Affordable and non-invasive treatments
  • Experienced leadership and well-trained team
  • In-house IT platform for operational efficiency and innovations
  • MIS system for better management

Company Promoters

Dr. Rohit Madhav Sane is the company promoter.

Company Financials

ParticularsFor the year/period ended (₹ in Millions)
Total Assets257.80258.06291.11
Total Revenue315.65522.79752.97
Profit After Tax13.5415.47-5.57

Objects Of The Issue

  • Funding Branding and Advertising expenses
  • General corporate purpose
Madhavbaug IPO
Object Of The Issue

Madhavbaug IPO Details

IPO Opening Date10 Feb 2022
IPO Closing Date15 Feb 2022
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹73 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtNSE SME
Issue Size2,771,200 Eq Shares of ₹10
(aggregating up to ₹20.23 Cr)
Fresh Issue2,771,200 Eq Shares of ₹10
(aggregating up to ₹20.23 Cr)

Madhavbaug IPO Tentative Timetable

IPO Open DateFeb 10, 2022
IPO Close DateFeb 15, 2022
Basis of Allotment DateFeb 18, 2022
Initiation of RefundsFeb 21, 2022
Credit of Shares to Demat AccountFeb 22, 2022
IPO Listing DateFeb 23, 2022

Madhavbaug IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)

Madhavbaug IPO Promoter Holding

Pre Issue Share Holding90.08%
Post Issue Share Holding66.34%

Madhavbaug IPO Prospectus

Company Contact Information

Vaidya Sane Ayurved Laboratories Limited

Fl. 5, 1047, Shriram Bhawan,
Shukrawar Peth, Pune – 411002,
Maharashtra, India

Phone: +91 7738070019

Madhavbaug IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Madhavbaug IPO FAQs

When Madhavbaug IPO will open?

The Madhavbaug IPO dates are 10 Feb 2022 To 15 Feb 2022
What is the lot size of Madhavbaug IPO?

Madhavbaug IPO lot size and the minimum order quantity is 1600 Shares.
How to apply for Madhavbaug IPO?

You can apply in Madhavbaug IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Madhavbaug IPO listing date?

The Madhavbaug IPO listing date is not announced. The date of Madhavbaug IPO listing is [23 Feb 2022].
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