Madhusudan Masala IPO Date, Review, Price, Allotment Details

Madhusudan Masala is engaged within the industry of producing and processing greater than 32 kinds of Spices beneath the emblem names “DOUBLE HATHI” and “MAHARAJA”. They additionally promote merchandise 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 complement), Kasuri Methi (Dry fenugreek), and many others beneath the emblem title of “DOUBLE HATHI”. Furthermore, additionally they generate earnings from the buying and selling of entire spices and meals grains via unbranded gross sales.

Their vary of spices comprises Ground spices which include more than a few forms of Chilli Powder, Turmeric Powder, Coriander Powder, and Coriander Cumin Powder, and Blend spices which include Garam Masala, Tea Masala, Chhole Masala, Sambhar Masala, Pav Bhaji Masala, Pani Puri Masala, Sabji Masala, Kitchen King Masala, Chicken Masala, Meat Masala, Chatpata Chat Masala, Butter Milk Masala, Chewda Masala, Dry Ginger Powder (Sunth), Black Pepper Powder (Mari), Dry Mango Powder (Aamchur) and many others. The corporate additionally offers in entire spices in retail and bulk amounts. During the Fiscals 2023, 2022, and 2021 our earnings from the sale of spices contributed to 75.07%, 69.94%, and 83.08% of our general gross sales. The Double Hathi portfolio of floor spices contains top class high quality spices while worth for cash phase of floor spices is obtainable beneath the Maharaja portfolio. Over the years their corporate has advanced as a producer of 13 kinds of chilli powder to be had in 78 SKUs catering to nearly each buyer phase within the business.

Madhusudan Masala operates from our production facility positioned at Jamnagar, Gujarat. Our production unit is located at Industrial Area Hapa, Near Jamnagar, and is strategically positioned close to the native APMC marketplace thus facilitating simple and fast get entry to to uncooked fabrics which reduces the transportation prices as neatly. Their production facility is provided with plant & equipment to facilitate an effective manufacturing technique of cleansing, drying, grading, grinding, and packaging. All spices and different merchandise are manufactured at our unit with utmost care and by means of herbal processes with medical how one can retain the herbal houses of the meals like colour & scent with time. Systematic procurement of uncooked spices of their respective seasons is helping us to offer linear high quality spices for the entire yr.

Objects of the Issue:

• Funding to satisfy operating capital necessities
• General Corporate Purpose.

Madhusudan Masala IPO Review

Madhusudan Masala IPO Date & Price Band Details

Madhusudan Masala IPO Market Lot

The Madhusudan Masala IPO minimal marketplace lot is [.] stocks with a ₹[.] software quantity.

Madhusudan Masala IPO Dates

The Madhusudan Masala IPO date is September 18 and the IPO shut date is September 21. The IPO allotment date is September 26 and the IPO may listing on September 29.

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

Madhusudan Masala IPO Form

How to use Madhusudan Masala IPO? You can follow Madhusudan Masala IPO by the use of ASBA to be had to your checking account. Just cross to the web financial institution login and follow by the use of your checking account by means of settling on the Madhusudan Masala IPO within the Invest phase. The different choice you’ll follow Madhusudan Masala IPO by the use of IPO bureaucracy obtain by the use of the NSE web site. Check out the Madhusudan Masala bureaucracy – click on NSE IPO Forms obtain, fill and post to your financial institution or along with your dealer.

Madhusudan Masala Company Financial Report

Madhusudan Masala IPO Valuation – FY2023

Check Madhusudan Masala IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Peer Group

• Dayalji Vanravan Kotecha
• Vijaykumar Vanravan Kotecha
• Rishit Dayalaji Kotecha
• Hiren Vijaykumar Kotecha

Madhusudan Masala IPO Registrar

KFin Technologies Limited
Phone: +91 40 6716 2222
Email: [email protected]
Website: https://kosmic.kfintech.com/

Madhusudan Masala IPO Allotment Status

Check Madhusudan Masala IPO allotment standing on KFin Technologies web site URL. Click Here

Madhusudan Masala IPO Lead Managers aka Merchant Bankers

Company Address

Madhusudan Masala Limited
F. P. No. 19, Plot No. 1 – B Hapa
Road, Jamnagar, Gujarat-361001
India
Phone: +91- 0288 – 2572002
Email: [email protected]

Madhusudan Masala IPO FAQs

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