Madhavbaug IPO

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Check details of Madhavbaug IPO 

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Madhavbaug IPO

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Madhavbaug is a medical service institution engaged  in the treatment of chronic ailments like -

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Madhavbaug IPO

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(i) Health disease reversal (ii) Diabetes Reversal  (iii) BP Management (iv) Obesity management, Knee pain relief.

IPO Details

Opening Date

10th Feb 2022

Closing Date

15th Feb 2022

IPO Size 

20.23 Cr. 

Price Band

₹73

IPO Details

Lot Size

1600

Cutoff Amount

1,16,800

Face Value

₹10 per equity share

Listing at

NSE SME

Madhavbaug Business

Company operates 274 clinics in India. 52 clinics are company owned and 222 are franchised based. 

Madhavbaug Business

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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There are no GMP Trades in Richa IPO as of now. But we will update this story when trades will take place.

Madhavbaug IPO GMP

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