Vaidya Sane Ayurved Laboratories IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 16, 2022Let’s have a detailed review of the company and analytics of the Vaidya Sane Ayurved Laboratories IPO release date, IPO offer price, subscription, Vaidya Sane Ayurved IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 73 |
| Listing At | NSE SME |
| Min. Order Quantity | 1600 Shares |
| Listing Date | Feb 23, 2022 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 2023 Lakh |
| IPO Size | Rs 2023 Lakh |
| Tick Size | 1 |
Vaidya Sane Ayurved Laboratories IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Vaidya Sane Ayurved Laboratories IPO – Summary
Their Company is a unique medical service institution that strives to treat chronic ailments like cardiac disease, diabetes, hypertension, and obesity with the distinctive outlook of amalgamating technology with the traditional healing of Ayurveda. Their approach to treatment using non-invasive, multidisciplinary, and innovative therapies which have helped establish them as a dependable option for treating chronic ailments.
They are a health care provider primarily in India’s chronic care ecosystem. They provide their healthcare services through Madhavbaug clinics. As of November 30, 2021, they operate 274 clinics across Maharashtra, Madhya Pradesh, Gujarat, Uttar Pradesh, Goa, and Karnataka.
The Promoter of this company is DR. ROHIT MADHAV SANE. The lead manager to the issue is FIRST OVERSEAS CAPITAL LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Vaidya Sane Ayurved Laboratories IPO Date
The opening and the closing date of Vaidya Sane Ayurved Laboratories IPO are Feb 10, 2022 and Feb 15, 2022 Respectively.
Vaidya Sane Ayurved Laboratories IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 10th Feb | 0.40x | 0.59x | 0.49x |
| 2nd Day – 11th Feb | 0.95x | 1.01x | 0.98x |
| 3th Day – 14th Feb | 1.62x | 1.51x | 1.56x |
| 4th Day – 15th Feb | 2.66x | 2.98x | 2.82x |
| Shares Offered or Net Issue | 1,315,200 | 1,315,200 | 2,630,400 |
The shares subscribed by the public will be updated here.
Check Vaidya Sane Ayurved Laboratories IPO LIVE Subscription
- Vaidya Sane Ayurved Laboratories IPO LIVE Bid details on BSE
For the Latest Bid details click on the above links.
Vaidya Sane Ayurved Laboratories IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Madhavbaug IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Feb 18, 2022 |
| Refunds Initiation | Feb 21, 2022 |
| Credit of Shares to Demat Account | Feb 22, 2022 |
| Share Listing Date | Feb 23, 2022 |
Vaidya Sane Ayurved Laboratories IPO Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.73
Vaidya Sane Ayurved Laboratories IPO Size
This Initial Public Issue of 27,71,200 Equity Shares of Rs.10 each for cash at a price of Rs.73 per equity share aggregating to Rs.2023 Lakh.
Madhavbaug IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 2,771,200 Equity Shares of Rs.10/ each.
Issue Size: 27,71,200 Equity Shares of Rs.10 each, aggregating to Rs.2023 Lakh
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Vaidya Sane Ayurved Laboratories IPO – Live Performance
The listing date of this IPO is Feb 23, 2022. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Vaidya Sane Ayurved Laboratories Share Price |
Vaidya Sane Ayurved Laboratories IPO Grey Market Premium
The Vaidya Sane Ayurved Laboratories Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Madhav Baug IPO – Company Overview
Vaidya Sane’s Ayurvedic Education And Agricultural Research Trust is providing non-invasive medical services through the Khopoli Hospital.
Their company has entered into MOU dated April 1, 2019, with Vaidya Sane’s Ayurvedic Education And Agricultural Research Trust for the entire management, medical services, and treatments being carried out at Khopoli Hospital. In consideration, the trust shall pay their Company 80% of the total fees/ amount received by it under this arrangement on monthly basis after providing for all reasonable expenses and applicable taxes. They use a clinic-based health care delivery model along with telemedicine to ensure easy accessibility to patients.
The clinics don’t require heavy capital expenditure thus the model can be easily scaled thereby increasing penetration. They have a patient-centric approach which is reflected in their motto ‘Whatever it Takes’, meaning they leave no stone unturned to ensure that the treatment they offer is customized to best suit each patient so that they stay compliant for the entire treatment period.
Apart from treatments, as a means of raising awareness about the disease and its associated complications, they also conduct a number of workshops, support events, etc. with a singular objective of helping patients manage their chronic non-communicable conditions more effectively. They also launched research-based disease-specific diet kits in the year 2016 for aiding their healthcare programs.
Vaidya Sane Ayurved Laboratories IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 30-Sep-21 |
31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Total Assets | 2,578.03 | 2,580.60 | 2,911.17 | 2,887.72 |
| *Total Revenue | 3,156.51 | 5,227.92 | 7,529.73 | 6,256.86 |
| Total Expense | 2,895.46 | 4,765.31 | 7,258.30 | 5,952.82 |
| Profit After Tax | 135.47 | 154.70 | (55.72) | 49.59 |
Earnings per Equity Share (in Lakh)
| 30-Sep-21 |
31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Basic & Diluted | 1.94 | 2.22 | (0.80) | 0.71 |
Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 154.70 Lakh, Rs. (55.72) Lakh, and Rs. 49.59 Lakh respectively.
Vaidya Sane Ayurved Laboratories IPO – Promoters
The Promoter of this company is:
- DR. ROHIT MADHAV SANE
List of Related Parties (Key Managerial Personnel)
- Dr. Rohit Madhav Sane, Managing Director & CEO
- Vidyut B. Ghag, Whole time Director
- Dr. Mahesh P. Kshirsagar, Non-Executive and Independent Director
- Ratnakar V. Rai, Non-Executive and Independent Director
- Dr. Sushrut R. Dambal, Non-Executive and Independent Director
Madhavbaug IPO – Promoters Holding
- Pre Issue Share Holding – 90.08%
- Pos Issue Share Holding – 66.34%
Vaidya Sane Ayurved Laboratories IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 27,71,200 Equity Shares aggregating up to Rs.2022.98 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 1,40,800 Equity Shares aggregating up to Rs.102.78 Lakh |
| Net Issue to the Public | Up to 26,30,400 Equity Shares aggregating up to Rs.1,920.19 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 13,15,200 Equity Shares |
| Other than Retail Individual Investors | Not more than 13,15,200 Equity Shares |
| Equity Shares outstanding prior to the Issue | 77,42,250 Equity Shares |
| Equity Shares outstanding after the Issue | 1,05,13,450 Equity Shares |
Vaidya Sane Ayurved Laboratories IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Funding Branding and Advertising expenses
2. General Corporate Purposes
Vaidya Sane Ayurved Laboratories IPO – Business Strategy
- Scalable and Standardized Clinic Design
- Strengthen and Expand Clinic Network
- Increase Product Offering
- Invest in Marketing
- Empanelment with Insurance Companies
Vaidya Sane Ayurved Laboratories IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Combination of modern healing methods and ancient natural practices
- Affordable Treatments
- Experienced Leadership and well-trained team
- Technology Driven
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 2.22 | 15.84 | 15.95 |
| 31-Mar-20 | (0.80) | (6.78) | – |
| Mar-19 | 0.71 | 5.65 | – |
Vaidya Sane Ayurved Laboratories IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Vaidya Sane Ayurved Laboratories Limited | 10 | [●] | 2.22 | 15.84 | 5,227.92 |
| Listed Peers | |||||
| NA | – | – | – | – | – |
Vaidya Sane Ayurved Laboratories IPO Lead Managers
| Lead Managers |
| FIRST OVERSEAS CAPITAL LIMITED 1-2 Bhupen Chambers, Dalal Street, Fountain, Mumbai – 400 001, Maharashtra, India. Tel No.: +91 22 4050 9999 Fax No: +91 22 4050 9900 Email: satish@focl.in / mala@focl.in Investor Grievance Email: investorcomplaints@focl.in Website: www.focl.in SEBI Registration No: INM000003671 Contact Person: Satish Sheth / Mala Soneji |
Vaidya Sane Ayurved Laboratories IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400 059, Maharashtra, India Tel. No.: +91 22 6263 8200 Email:ipo@bigshareonline.com Investor Grievance Email:investor@bigshareonline.com Website: www.bigshareonline.com Contact Person: Ashish Bhope SEBI Registration No.: INR000001385 |
Madhav Baug IPO – Other Details
- Statutory Auditor – M/s. A. A. Mohare & Co., Chartered Accountants
- Legal Counsel to the Company – N.K. Bharule
- Bankers to the Company – Saraswat Co-operative Bank Limited
Vaidya Sane Ayurved Laboratories IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Vaidya Sane Ayurved Laboratories Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Vaidya Sane Ayurved Laboratories IPO Review FAQs
What is the Issue Size of Vaidya Sane Ayurved Laboratories IPO?
The Company is making an initial public offer of 27,71,200 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Madhavbaug IPO?
The price band for this particular IPO ranges between Rs 73. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Madhavbaug IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Feb 10, 2022, while the closing date is set at Feb 15, 2022.
What is the Madhavbaug IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Feb 18, 2022, refund initiation is on Feb 21, 2022, credit of shares is on Feb 22, 2022, and share listing date is on Feb 23, 2022.
What is the Madhavbaug IPO Listing Date?
Shares of this company shall be listed in the exchanges Feb 23, 2022. The date, when the listing would be done, is stagnant on Feb 23, 2022.
Who is the Registrar of Vaidya Sane Ayurved Laboratories IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Madhav baug IPO?
Here are the promoters of this IPO – DR. ROHIT MADHAV SANE. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Madhavbaug IPO?
They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Is Madhavbaug IPO good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Vaidya Sane Ayurved Laboratories Company?
They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 154.70, 2020 is (55.72), 2019 is 49.59. PAT from Sep 2021 is 135.47.
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