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Company Highlights

Vaidya Sane Ayurved Laboratories Limited-(SME IPO)

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About the Company

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 the traditional Ayurveda practices. It uses non-invasive, multidisciplinary, and innovative therapies for treating chronic ailments. The company mainly offers treatment for (i) Health disease reversal, (ii) Diabetes Reversal, (iii) BP Management, (iv) Obesity management, Knee pain relief.As of November 30, 2021, the company operates 274 clinics across Maharashtra, Madhya Pradesh, Gujarat, Uttar Pradesh, Goa, Karnataka, Delhi, and Chhattisgarh. Out of these 52 are company-owned and 222 are franchise clinics. The company also operates two cardiac prevention and rehabilitation hospitals in Khopoli and Nagpur respectively.


Objective of the Issue

(i)    Funding Branding and Advertising expenses.
(ii)   General corporate purposes.


Competitive Strengths

(i)   The amalgamation of modern and ancient methods for curing diseases.
(ii)  Affordable and non-invasive treatments.
(iii)In-house IT platform for operational efficiency and innovations.


Company Promoters

Dr. Rohit Madhav Sane is the company promoter.



Financials Highlights


Particulars
March 31, 2021 (Rs. in millions)
March 31, 2020 (Rs. in millions)
March 31, 2019 (Rs. in millions)
Income
5,227.92
7,529.73
6,256.86
Expense
4,765.31
7,258.30
5,952.82
Profit After Tax
154.7
55.72
49.59
EPS
2.22
-0.8
0.71
RoNW (%)
15.84%
-6.78%
5.65%



Issue Details

Issue Size (Net)
Up to Rs. 20.23 Cr
Face Value
Rs.10 per equity share
Bid Lot
1600 equity share & multiple shares
Price Band
Rs.73 per equity share
Issue Opening Date
February 10, 2022
Issue Closing Date
February 15, 2022
Listing On
NSE
Registrar
Bigshare Services Pvt Ltd



IPO Timetable

IPO Open Date
February 10, 2022
IPO Close Date
February 15, 2022
Basis of Allotment Date
February 18, 2022
Initiation of Refunds
February 21, 2022
Credit of Shares to Demat Account
February 22, 2022
IPO Listing Date
February 23, 2022



Prospectus

Prospectus File

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Security

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