Vaidya Sane Ayurved Laboratories Limited IPO
NSE SME₹116,800 / 1600 Shares
Vaidya Sane Ayurved Laboratories Limited IPO Details
The Vaidya Sane Ayurved Laboratories Limited IPO price band is set between ₹73 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 10 Feb, 2022 and closes on 15 Feb, 2022. Investors can check the allotment status on 21 Feb, 2022, while the listing date is tentatively scheduled for 23 Feb, 2022.
The total issue size is 2,771,200 Eq Shares of ₹10, aggregating up to ₹20.23 Cr. Stay tuned for the latest Vaidya Sane Ayurved Laboratories Limited IPO review and GMP updates.
Vaidya Sane Ayurved Laboratories Limited IPO Review, Rating & Analysis
Vaidya Sane Ayurved Laboratories Limited IPO Review
NO REVIEWVaidya Sane Ayurved Laboratories Limited IPO Rating
Vaidya Sane Ayurved Laboratories Limited IPO Highlights
IPO Date
Feb 10, 2022 - Feb 15, 2022
Listing Date
23 Feb, 2022
Face Value
₹10 Per Equity Share
Price Band
₹73 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Vaidya Sane Ayurved Laboratories Limited IPO Lot Size
The minimum market lot for Vaidya Sane Ayurved Laboratories Limited IPO is 1600 shares with an application amount of ₹1,16,800. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,16,800 |
| Retail (Max) | 1 | 1600 | ₹1,16,800 |
| S-HNI (Min) | 2 | 3200 | ₹2,33,600 |
| S-HNI (Max) | 8 | 12800 | ₹9,34,400 |
| B-HNI (Min) | 9 | 14400 | ₹10,51,200 |
Vaidya Sane Ayurved Laboratories Limited IPO Timeline
Issue Price
₹73 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
First Overseas Capital LimitedIssue Size
2,771,200 Eq Shares of ₹10(aggregating up to ₹20.23 Cr)Vaidya Sane Ayurved Laboratories Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 21 | 25.78 | 31.56 | 1.35 | - | - | - |
| 31 Mar 21 | 25.80 | 52.27 | 1.54 | - | - | - |
| 31 Mar 20 | 29.11 | 75.29 | (0.55) | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Dr. Rohit Madhav Sane
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 90.08% | 66.34% |
About 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.
Vaidya Sane Ayurved Laboratories Limited 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 |
Frequently Asked Questions about Vaidya Sane Ayurved Laboratories Limited IPO IPO
When will Vaidya Sane Ayurved Laboratories Limited IPO open for subscription?
The Vaidya Sane Ayurved Laboratories Limited IPO opens on 10 Feb, 2022 and closes on 15 Feb, 2022.
What is the investors portion for Vaidya Sane Ayurved Laboratories Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1315200.
How to apply for Vaidya Sane Ayurved Laboratories Limited IPO?
You can apply for Vaidya Sane Ayurved Laboratories Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Vaidya Sane Ayurved Laboratories Limited IPO?
The issue size of Vaidya Sane Ayurved Laboratories Limited IPO is approx ₹2,771,200 Eq Shares of ₹10(aggregating up to ₹20.23 Cr) crores.
What is the price band of Vaidya Sane Ayurved Laboratories Limited IPO?
The price band for Vaidya Sane Ayurved Laboratories Limited IPO is ₹73 per equity share to ₹undefined.
What is the lot size of Vaidya Sane Ayurved Laboratories Limited IPO?
The minimum bid (lot size) for Vaidya Sane Ayurved Laboratories Limited IPO is N/A shares with an investment of approx ₹116,800 .
What is the allotment date of Vaidya Sane Ayurved Laboratories Limited IPO?
The allotment date for Vaidya Sane Ayurved Laboratories Limited IPO is 21 Feb, 2022.
What is the listing date of Vaidya Sane Ayurved Laboratories Limited IPO?
The listing date for Vaidya Sane Ayurved Laboratories Limited IPO is expected to be 23 Feb, 2022.
What is the GMP of Vaidya Sane Ayurved Laboratories Limited IPO?
The latest Grey Market Premium (GMP) for Vaidya Sane Ayurved Laboratories Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.