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Open
18 Sep 2023
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Close
21 Sep 2023
3
Allotment
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Listing
Tue, Sep 26, 2023
Price Band
₹66 to ₹70
Issue Size
34,00,000 shares (agg. up to ₹24 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Sep 26, 2023
Latest GMP
₹61
Est. Gain
87.14%
✦ AI Insight
GMP Trend
26-09-2023₹61Est. ₹131+87.14%
25-09-2023₹61Est. ₹131+87.14%
24-09-2023₹61Est. ₹131+87.14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 306.47x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 57.37 | 35.14 | 26.00 |
| Total Income | 127.51 | 66.52 | 68.75 |
| Profit After Tax | 5.76 | 0.81 | 0.45 |
| NET Worth | 10.99 | 0.31 | 10.94 |
| Reserves and Surplus | 5.99 | 0.30 | |
| Total Borrowing | 42.17 | 28.20 | 9.66 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Srivari Spices & Foods Ltd. | SME | ₹9.00 Cr | ₹42 | 9.59 | ₹106.55 | +153.69% | ₹285.70 |
| Proventus Agrocom Ltd. | SME | ₹69.54 Cr | ₹771 | 186.23 | ₹862.05 | +11.81% | ₹1,750.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding to meet working capital requirements | 16.00 |
| 2 | General Corporate Purpose | 5.26 |
About Madhusudan Masala IPO
Updated on Aug 5, 2026
Contact Details
Madhusudan Masala Ltd. AddressF.P.No.19Plot No.1-BHapa RoadJamnagar, Gujarat, 361001+91- 0288 - 2572002info@madhusudanmasala.comVisit Website