Vaidya Sane Ayurved Laboratories Ltd. logo

Madhavbaug is a medical service institution engaged in the treatment of chronic ailments like cardiac disease, diabetes, hypertension, and obesity by combining modern technology with traditional Ayurveda practices.

Bidding Dates
10 Feb 2022 - 15 Feb 2022
Subscription
2.82x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue PricePost Issue Promoter Holding %Issue SizeIPO Document
₹116,8001116002.8 M₹7373.64 %₹202.3 MRHP DOC

Vaidya Sane Ayurved IPO SUBSCRIPTION STATUS

15 Feb '22
Total2.82x
Retail Individual Investor2.98x
HNI (NII) Investors2.66x
Qualified Institutional Buyers-

Vaidya Sane Ayurved IPO overall subscription rate was 2.82 times the total available shares

Vaidya Sane Ayurved IPO retail subscription rate was 2.98 times in the retail segment

Vaidya Sane Ayurved IPO non-institutional investor subscription rate was 2.66 times in the non-institutional investor category

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation50%50%-
15 Feb 2022
(Day 4)
2.98x2.66x-
10 Feb 2022
(Day 1)
0.59x0.4x-
11 Feb 2022
(Day 2)
1.01x0.95x-
14 Feb 2022
(Day 3)
1.51x1.62x-

Vaidya Sane Ayurved FINANCIALS

Period Net Profit (Rs in millions) Revenue from operations (Rs in millions) Cash Flow from operations (Rs in millions) Free Cash flow (Rs in millions)
6MFY21 13.5 315.6 6.5 -1.2
FY21 15.5 522.7 57.8 51.0
FY20 -5.6 752.3 77.2 38.7
FY19 5.0 625.0 15.8 -73.9

Vaidya Sane Ayurved IPO SUBSCRIPTION STATUS DETAILS

Vaidya Sane Ayurved had 2.8 M shares on offer

Vaidya Sane Ayurved IPO offer price was ₹73

Vaidya Sane Ayurved IPO minimum Investment was ₹116800

Vaidya Sane Ayurved IPO issue size was ₹ 202.3 M

Vaidya Sane Ayurved had a minimum lot size of 1600 Shares per application

Vaidya Sane Ayurved NUMBER OF SHARES ON OFFER

Total2.8 M
Fresh Issue2.8 M
Offer for Sale0
Post Issue Promoter Holding %73.64 %

Vaidya Sane Ayurved IPO IMPORTANT DATES

Issue Open Date10 Feb 2022
Issue close Date15 Feb 2022
Allotment Date18 Feb 2022
Refund Date21 Feb 2022
Demat Account Credit Date22 Feb 2022
Listing Date23 Feb 2022
Listing on Exchange(s)NSE
Vaidya Sane Ayurved Allotment StatusExchange

Vaidya Sane Ayurved IPO subscription opened on 10 Feb 2022, and closed on 15 Feb 2022

IPO allotment for Vaidya Sane Ayurved was finalized on Friday, 18 Feb 2022

IPO listing for Vaidya Sane Ayurved was on NSE on Wednesday, 23 Feb 2022

Vaidya Sane Ayurved IPO LISTING GAINS

Issue Price (adjusted)73.0
Listing Open Price102.0
Listing Close Price105.4
Listing Gain%39.7%
Current Gain%86.3%

Vaidya Sane Ayurved Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Vaidya Sane Ayurved Laboratories Ltd.13614315.90.61.312.58.6109.319.2925.98.525.9
Apollo Hospitals Enterprise Ltd.8448121469.358.11.84.620.58.725420.115.61941.734.3145.332.8
Manipal Health Enterprises Ltd.669.288018.510.63.610520.525.8892.3-16.2
Max Healthcare Institute Ltd.86083704.760.6359.213.48.48536.118.81442.434.114.21.7
Aster DM Quality Care Ltd.681.259374186.31162.312.28.54.84768.811.2388.1-92.83.70.2
Fortis Healthcare Ltd.768.257992.155.32.76.110.56.59178.516.91041.834.613.920.7

Vaidya Sane Ayurved INFORMATION ON IPO ISSUE

About Vaidya Sane Ayurved

Madhavbaug is a medical service institution engaged in the treatment of chronic ailments like cardiac disease, diabetes, hypertension, and obesity by combining modern technology with traditional Ayurveda practices.

Object of the Issue

  1. Funding branding and advertising expenses
  2. General corporate purpose

Vaidya Sane Ayurved - PROMOTERS

Name
Rohit Madhav Sane

Vaidya Sane Ayurved Lead Manager

First Overseas Capital Limited

satish@focl.in

Vaidya Sane Ayurved Registrar to the issue

Bigshare Services Private Limited

ipo@bigshareonline.com

Vaidya Sane Ayurved Strengths

Combination of modern healing methods and ancient natural practices

The company's diagnostic methods are backed by the latest technological equipment and therapy methodology is deep-rooted in Ayurvedic treatment methods.

Strength

Affordable treatments

The affordable and non-invasive nature of treatments makes them accessible to all sections of society, enabling even those with meager means to get help for their condition

Strength

Technology driven

The company has an in-house IT platform which has helped increase its efficiency by coming up with innovations

Strength

Vaidya Sane Ayurved Risks

Legal proceedings

There are certain outstanding legal proceeding against the company

Risk

Contingent liabilities

There are certain contingent liabilities that have not been provided for in the financial statements, which, if they materialize, may adversely affect the results of operations, financial condition and cash flows.

Risk

IPO FAQs

  • The promoter of the company is Rohit Madhav Sane.
  • The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
  • The price band of the IPO is Rs 73.0 - 73.0.
  • The IPO application opens on Feb 10, 2022 and closes on Feb 15, 2022.
  • The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
  • For all category investors, the minimum application amount for this IPO is Rs. 116,800.0, the maximum value for this IPO is Rs 116,800.0.
  • This IPO will be allotted on Feb 18, 2022.
  • The refund will be credited to your account on Feb 21, 2022.
  • The allotted shares will be credited to your demat on Feb 22, 2022.
  • Vaidya Sane Ayurved Laboratories Ltd.’s shares listed on the stock exchanges on Feb 23, 2022.