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Open
10 Feb 2022
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Close
15 Feb 2022
3
Allotment
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Listing
Wed, Feb 23, 2022
Price Band
₹73 per share
Issue Size
27,71,200 shares (agg. up to ₹20 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Feb 23, 2022
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.90x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 25.78 | 25.81 | 29.11 | 28.88 |
| Total Income | 31.57 | 52.28 | 75.30 | 62.57 |
| Profit After Tax | 1.35 | 1.55 | -0.56 | 0.50 |
| EBITDA | 2.61 | 4.63 | 2.71 | 3.04 |
| NET Worth | 11.12 | 9.77 | 8.22 | 8.78 |
| Reserves and Surplus | 4.15 | 9.72 | 8.17 | 8.74 |
| Total Borrowing | 1.78 | 1.02 | 5.97 | 1.78 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Prevest Denpro Ltd. | SME | ₹26.61 Cr | ₹84 | 9.98 | ₹189.55 | +125.65% | ₹390.95 (+2.60%) |
| Tarsons Products Ltd. | Mainboard | ₹1,023.54 Cr | ₹662 | null | ₹818.40 | +23.63% | ₹287.45 (-3.92%) |
| Nureca Ltd. | Mainboard | ₹100.00 Cr | ₹400 | null | ₹645.75 | +61.44% | ₹279.79 (+2.33%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expenses on Marketing and Branding | 16.00 |
| 2 | General Corporate Purposes | 3.73 |
| 3 | Issue Related Expenses | 0.50 |
About Vaidya Sane Ayurved Laboratories 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. 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 an
Contact Details
Vaidya Sane Ayurved Laboratories Ltd. AddressFl.5, 1047Shriram BhawanShukrawar PethPune, Maharashtra, 411002+91 7738070019cs@madhavbaug.comVisit Website