Madhusudan Masala IPO Subscription Details

Bookbuilding IPO | ₹24 Cr | Listed at NSE SME | Mon, Sep 18, 2023 - Thu, Sep 21, 2023

Basis of Allotment - Madhusudan Masala IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)6,46,0009,66,00016,12,0004,86,00011,30,00032,28,000
Allotment price (Rs.)707070707070
No.of applications4064617,1143,27,8913,45,051
No.of shares applied5,18,82,0009,66,0005,28,48,00028,06,64,00065,57,82,00098,92,94,000
Amount collected (Rs.cr.)363.17 6.76 369.94 1,964.65 4,590.47 6,925.06
No.of times subscribed80.311.0032.78577.50580.34306.47
No.of shares allotted6,46,0009,66,00016,12,0004,86,00011,30,00032,28,000
Amount (Rs.cr.)4.52 6.76 11.28 3.40 7.91 22.60
No.of allottees40646233565844

IPO Shares Offered

Madhusudan Masala IPO is a public issue of 0.32 Cr equity shares. The issue offers 0.11 Cr shares to retail investors, 0.16 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,72,0001.20 5.06%
QIB 16,12,00011.28 47.41%
    Anchor 9,66,000 6.76 28.41%
    QIB (Ex Anchor) 6,46,000 4.52 19.00%
NII* 4,86,0003.40 14.29%
Retail11,30,0007.91 33.24%
Total34,00,00023.80 100%

Madhusudan Masala IPO Anchor Investor Allocation

A total of 9,66,000 shares at a price of Rs 70 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 15, 2023
Anchor investor price₹70.00
Anchor investors as % of QIBs59.93%
No. of shares locked-in for 30 days4,83,000
No. of shares locked-in for 90 days4,83,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NEXT ORBIT VENTURES FUND NEXT ORBIT 1,44,000 1.01 14.91 4.24
2 NAV CAPITAL VCC NAV CAPITAL 1,44,000 1.01 14.91 4.24
3 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,44,000 1.01 14.91 4.24
4 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 2,46,000 1.72 25.47 7.24
5 KNIGHTSTONE CAPITAL LLP KNIGHTSTONE 1,44,000 1.01 14.91 4.24
6 FINAVENUE GROWTH FUND FINAVENUE 1,44,000 1.01 14.91 4.24
9,66,0006.7610028.41

IPO Subscription FAQs

The Madhusudan Masala IPO is subscribed 444.27 times by Sep 21, 2023 19:30.

Madhusudan Masala IPO Subscription

Investor Category Subscription (times)
Qualified Institutional86.91
Non Institutional574.08
Retail Individual592.73
Total Subscription444.27

Retail category of Madhusudan Masala IPO subscribed 592.73 times as of date Sep 21, 2023 19:30. The public issue closes on Thu, Sep 21, 2023 for bidding.

An investor can apply in Madhusudan Masala IPO online via bank (using ASBA) or the broker (using UPI). The Madhusudan Masala IPO shares are offered online only.

The Madhusudan Masala IPO is subscribed 444.27 times by Sep 21, 2023 19:30.

The Madhusudan Masala IPO allotment status is expected on or around Tuesday, September 26, 2023. Visit Madhusudan Masala IPO allotment status to check.

The Madhusudan Masala IPO listing date is September 26, 2023. The equity share of Madhusudan Masala IPO will list on NSE SME.

Visit Madhusudan Masala IPO subscription status page for real-time bidding information about Madhusudan Masala IPO.

Madhusudan Masala IPO Timetable

IPO opens OnMonday, September 18, 2023
IPO Closes OnThursday, September 21, 2023
Finalisation of Basis of AllotmentTuesday, September 26, 2023
Initiation of RefundsWednesday, September 27, 2023
Credit of Shares to Demat AccountFriday, September 29, 2023
IPO Listing DateTuesday, September 26, 2023
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