Madhusudan Masala Limited IPO Date, Price, Review and Details
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Madhusudan Masala Limited IPO
Madhusudan Masala
Limited was incorporated in 1982. They specialize in making and processing a
variety of spices, which they sell under the 'DOUBLE HATHI' and 'MAHARAJA'
brands. Additionally, they offer a range of grocery products such as whole
spices, tea, and other items like Rajgira flour, Papad, Soya Products, etc. under
the 'DOUBLE HATHI' brand. Furthermore, they also earn income by trading whole
spices and food grains without any branding. They
offer two types of spices: 1. Ground spices, which include different types of chili
powder, Turmeric Powder, Coriander Powder, and Coriander Cumin Powder. 2. Blend
spices, which consist of Garam Masala and Tea Masala." Their production
facility is well-equipped with machinery to efficiently handle the entire
manufacturing process, including cleaning, drying, grading, grinding, and
packaging of their products.
Company Promoters:
· Dayalji
Vanravan Kotecha
Objects of this Issue:
· Funding to
meet working capital requirements
Financial Information of the Company:
Particular |
Amount in Lakhs (Rs.) |
||
As
on 31 March 2023 |
As
on 31 Mar 2022 |
As
on 31 Mar 2021 |
|
Total Assets |
5,736.52 |
3,514.29 |
2,599.90 |
Total Liabilities |
4,637.42 |
3483.22 |
1,505.81 |
Net Profit |
575.89 |
81.29 |
44.98 |
Madhusudan Masala Limited IPO Schedule
1.
Bid or Offer Opens on: 18 September 2023
2.
Bid or Offer Closes on: 21 September 2023
3.
Finalization of BoA: 26 September 2023
4.
Initiation of Refunds:27 September 2023
5.
Credit of shares to Demat account: 29 September 2023
6.
Listing Date: 03 October 2023
Madhusudan Masala Limited IPO Lot Size
The
market lot size of Madhusudan Masala Limited IPO is 4000 shares. They have specified minimum and maximum order quantities
as follows:
Application |
Lots |
Shares |
Amount |
Minimum |
1 |
2000 |
₹140,000 |
Maximum |
1 |
2000 |
₹140,000 |
S-HNI(Minimum) |
2 |
4000 |
₹240,000 |
Company Contact Details:
F.
P. No. 19, Plot No. 1 – B
Hapa
Road, Jamnagar,
Gujarat-361001
India
Phone:
+91- 0288 - 2572002
Email:
info@madhusudanmasala.com
Website: www.madhusudanmasala.com
Madhusudan Masala Limited IPO Registrar Details:
KFIN TECHNOLOGIES LIMITED
Selenium
Tower-B, Plot No. 31-32, Gachibowli, Financial District,
Nanakramguda,
Serilingampally, Hyderabad, Telangana – 500 032.
Telephone: +91-40-6716-2222
Email: kody.ipo@kfintech.com
Website: www.kfintech.com
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