Check details of Madhavbaug IPO
Madhavbaug is a medical service institution engaged in the treatment of chronic ailments like -
(i) Health disease reversal (ii) Diabetes Reversal (iii) BP Management (iv) Obesity management, Knee pain relief.
10th Feb 2022
15th Feb 2022
₹10 per equity share
Company operates 274 clinics in India. 52 clinics are company owned and 222 are franchised based.
The company also provides wellness products on the online portal "Madhavbaug Wellness" and has an online app called "MIB Pulse App" which helps heart patients.
VSAL has posted erratic financial performance so far. It is priced exorbitantly based on its latest performance with super-profits. It is going to spend nearly 80% of IPO proceeds on advertising and branding which raises concern.
Madhavbaug IPO Review
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Madhavbaug IPO GMP
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