What is the price band of Madhusudan Masala Limited IPO?

The price band for Madhusudan Masala Limited IPO is set at ₹66 to ₹70 per equity share.

What is the lot size and minimum investment for Madhusudan Masala Limited IPO?

The minimum market lot size is 2000 shares, requiring a minimum retail application investment of ₹1,40,000.

When does Madhusudan Masala Limited IPO open and close for subscription?

The public issue opens on 18 Sept 2023 and closes on 21 Sept 2023.

What is the Grey Market Premium (GMP) for Madhusudan Masala Limited today?

As per current grey market indications, Madhusudan Masala Limited IPO GMP stands at ₹61 (+87.14%). Estimated listing price is approximately ₹131.

Who is the registrar for Madhusudan Masala Limited IPO?

The official registrar for the issue is Kfin Technologies Limited. Investors can check their allotment status on the registrar's official portal (https://kosmic.kfintech.com/ipostatus/).

SME IPO

Listed(NSE)

Madhusudan Masala Limited

Live GMP Today+87.14%

+₹61(+87.1%)

Est: +₹1,22,000/lot

Price Band & Lot

₹66 - ₹70

Lot: 2000 sh. • Min ₹1,40,000

Est. Listing Price

₹131

Gain: +87.1%

Indian Market Timeline

26 Sept 2023

Allotment: 23 Sept

Official T+3 Issue Timeline

IPO Schedule & Milestone Stepper

Standard Settlement Framework: SEBI T+3

18 Sept 2023

Bidding Opens

Subscription Starts

21 Sept 2023

Bidding Closes

Cut-off Time 5:00 PM

23 Sept 2023

Basis of Allotment

Registrar Finalization

23 Sept 2023

Refunds / Unblock

UPI Mandate Release

26 Sept 2023

Exchange Listing

Trading on NSE / BSE

Bidding Opens

18 Sept 2023

Subscription Starts

Bidding Closes

21 Sept 2023

Cut-off Time 5:00 PM

Basis of Allotment

23 Sept 2023

Registrar Finalization

Refunds / Unblock

23 Sept 2023

UPI Mandate Release

Exchange Listing

26 Sept 2023

Trading on NSE / BSE

3D Interactive Lot & Profit Calculator

Calculate live investment, expected return & grey market payout

High Bullish Demand

Select Number of Application Lots:2000 shares (1 Lot)

1 Lot (Retail Min)13 Lots (₹2L Max Retail)30 Lots (sHNI)

Total Investment

₹1,40,000

Cutoff Price: ₹70 / share

Est. Listing Price

₹131

+87.14% expected gain

Est. Net Profit

+₹1,22,000

At current GMP of +₹61/sh

Est. Total Value

₹2,62,000

Investment + Listing Gain

Kostak & Subject to Sauda (SS) Reference Rates

Kostak is the fixed profit on selling unallotted applications. Subject to Sauda is the guaranteed rate upon share allotment.

Kostak Rate₹8,550

Sauda Rate₹91,500

Listing Performance

Issue Price

₹70

Listing Price

₹120

Listing Gain

₹50

+71.43%

Current Price

₹253.3

+261.86%

About Madhusudan Masala Limited

Incorporated in 1996, Madhusudan Masala Limited manufactures over 32 types of spices under the brands "DOUBLE HATHI" and "MAHARAJA" and also offers whole spices, tea, and grocery products like Rajgira flour, Papad, Soya products, Asafoetida, black salt, and rock salt. The company operates two segments: Ground Spices, including Chilli, Turmeric, and Coriander powders, and Blend Spices, including Garam Masala, Tea Masala, Pav Bhaji Masala, Kitchen King Masala, and Chicken Masala. Its manufacturing facility in Hapa, near Jamnagar, is ISO 9001:2015, ISO 22000:2018, HACCP certified, and FSSAI licensed. Madhusudan Masala recorded revenues of ₹12,721.60 Lacs in FY23. The company’s IPO will list on NSE SME.

Issue Structure & Composition

MIXED

Fresh Issue (0%)OFS (0%)

₹23.8 Cr to Company₹0 Cr to Promoters

Fresh Issue Size₹23.8 Cr

Offer for Sale (OFS)₹0 Cr

Total Issue Size₹3400000 Cr

Valuation & Financial Ratios

P/E Ratio

N/A

Price to Earnings

ROE

15%

Return on Equity

ROCE

18%

Capital Employed

Debt / Equity

0.5

Leverage Ratio

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Important Information on IPO Grey Market Premium (GMP)

Disclaimer: Grey Market Premium (GMP) is an unofficial, unregulated cash premium traded between buyers and sellers before official listing on NSE or BSE. GMP indications are based on demand-supply dynamics in the grey market and are subject to extreme volatility. Neither SEBI nor stock exchanges regulate grey market operations. Investors should conduct independent fundamental analysis and read the Red Herring Prospectus (RHP) before applying.

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Roopa Screen Limited

Live Grey Market Premium (GMP)

+₹32.3+50.47%

Price Band

₹60 - ₹64

Min ₹1,28,000

Est. Listing

₹96.3

+50.5% Gain

Issue Size

₹3000000 Cr

Est. Profit

+₹64,600

Apply Dates24 Sept - 28 Sept

Allotment29 Sept

Listing1 Oct

Bidding Closes:Today 5:00 PM

Calc View

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Live Grey Market Premium (GMP)

+₹13+38.24%

Price Band

₹32 - ₹34

Min ₹14,994

Est. Listing

₹47

+38.2% Gain

Issue Size

₹321082435 Cr

Est. Profit

+₹5,733

Apply Dates24 Sept - 28 Sept

Allotment29 Sept

Listing1 Oct

Bidding Closes:Today 5:00 PM

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5.97x Sub.

Orient Cables (India) Limited

Live Grey Market Premium (GMP)

+₹80+29.41%

Price Band

₹258 - ₹272

Min ₹14,960

Est. Listing

₹352

+29.4% Gain

Issue Size

₹20294114 Cr

Est. Profit

+₹4,400

Apply Dates25 Sept - 29 Sept

Allotment30 Sept

Listing5 Oct

Closes On:29 Sept (1d left)

Calc View

Madhusudan Masala Limited

IPO Schedule & Milestone Stepper

Bidding Opens

Bidding Closes

Basis of Allotment

Refunds / Unblock

Exchange Listing

Bidding Opens

Bidding Closes

Basis of Allotment

Refunds / Unblock

Exchange Listing

3D Interactive Lot & Profit Calculator

Listing Performance

About Madhusudan Masala Limited

Issue Structure & Composition

Valuation & Financial Ratios

Trending IPOs GMP & Status Today

Live GMP Trackers

Subscription Demand

Allotment Status Check

Calendar & Analytics

Important Information on IPO Grey Market Premium (GMP)

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