The Madhusudan Masala IPO Subscription Status has started on September 18, 2023, and it is also being subscribed to by QIB, NII, and RII. The Madhusudan Masala IPO has opened on 18 September 2023 and closes on 21 September 2023. Madhusudan Masala IPO is preparing to raise ₹23.80 crores through its Fresh Issue, and the Madhusudan Masala IPO price band is fixed at ₹66 to₹70 per share. You can check Madhusudan Masala IPO GMP here.
Madhusudan Masala limited engaged in the business of manufacturing and processing of more than 32 types of Spices under the brand names of “DOUBLE HATHI” and “MAHARAJA”. The company also sell products like: Whole Spices, Tea and Other Grocery Products like: Rajgira flour, Papad, Soya Products, Asafoetida (Hing), Achar masala (Ready to make pickle powder), Sanchar (Black salt powder), Sindhalu (Rock salt powder), Katlu powder (Food supplement), Kasuri Methi (Dry fenugreek) etc under the brand name of “DOUBLE HATHI”.
Madhusudan Masala IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Madhusudan Masala IPO Subscription Status, you can see the below-day Subscription.
Madhusudan Masala IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹5.76 Cr ₹70 Per Shares 6.94 10.08x 101.91 % 52.40 % 20.08 % 3.84 ₹13.24 ₹57.36 Cr ₹90.30 Cr 100.00 % 73.64 % |
| Team Review : | ✔ Apply For Listing Gain & Long Term |
Madhusudan Masala IPO Subscription Status {Live Update} :
The total Madhusudan Masala IPO Subscription Status subscribed 444.27x times so far, with QIB subscribed 86.91x and NII subscribed 574.08x times & RII 592.73x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.80x | 7.47x | 86.91x |
| NII : | 18.27x | 104.21x | 574.08x |
| RII : | 47.29x | 234.43x | 592.73x |
| Total : | 27.78x | 141.64x | 444.27x |
Madhusudan Masala IPO Shares Offer :
Madhusudan Masala IPO is a public issue of 3,400,000 equity shares. The issue offers 646,000 shares fo QIB, 486,000 shares for non-institutional investors, and 1,130,000 shares for retail investors.
| Category | Shares Offer | Amount |
| Anchor : | 966,000 | ₹6.76 Cr |
| QIB : | 646,000 | ₹4.52 Cr |
| NII : | 486,000 | ₹3.40 Cr |
| RII : | 1,130,000 | ₹7.91 Cr |
| MMRP : | 172,000 | ₹1.20 Cr |
| Total : | 3,400,000 | ₹23.80 Cr |
Madhusudan Masala IPO Subscription Status FAQs :
How much was the total Madhusudan Masala IPO Subscription Status?
The total Madhusudan Masala IPO Subscription Status 444.27x times Day 3.
How much is the Madhusudan Masala IPO retail subscription Status?
Madhusudan Masala IPO Retail Subscription 592.73x times Day 3.
How much is the Madhusudan Masala IPO QIB subscription Status?
The Madhusudan Masala IPO QIB subscription 86.91x times Day 3.
How much did Madhusudan Masala IPO NII subscribe?
Madhusudan Masala IPO NII Subscription 574.08x times Day 3.
How much is Madhusudan Masala IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is Madhusudan Masala IPO Allotment Date?
Madhusudan Masala IPO allotment date is 26 September 2023.
When is Madhusudan Masala IPO Listing Date?
Madhusudan Masala IPO listing date is 03 October 2023. The IPO to list on BSE, SME.
How to Apply the Madhusudan Masala IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Madhusudan Masala IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Madhusudan Masala IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Madhusudan Masala IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Madhusudan Masala IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Madhusudan Masala IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Madhusudan Masala IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Madhusudan Masala IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Madhusudan Masala IPO GMP: Click Here Madhusudan Masala IPO Details: Click Here Madhusudan Masala IPO Allotment: Click Here Madhusudan Masala IPO Listing: Click Here |
All Madhusudan Masala IPO-related links are available here. If you want to know the details then click on Click Here Link.
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