Anush Shares and Securities

YOU ARE ON : Home | Market Overview | IPO | News & Analysis | IPO Snapshot
IPO Snapshot
Madhusudan Masala Ltd.
Issue Open Date 18-Sep-23  
Issue Closing Date 21-Sep-23  
Application Money 100  
Allotment Money  
Price Band 66 - 70  
Minimum Bid Quantity. 2000  
Issue Size (Shares) 3400000  
Market Lot 1  
Objective :
1. Funding to meet working capital requirements.2. General Corporate Purpose.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     279176000    
Qualified Institutional Buyers     56144000    
Retail Individual Investors     56144000    
Business Description
We are engaged in the business of manufacturing and processing of more than 32 types of Spices under the brand namesof “DOUBLE HATHI” and “MAHARAJA”. We also sell products like: Whole Spices, Tea and Other Grocery Productslike: Rajgira flour, Papad, Soya Products, As...
Promoter's Holding
Total Share Capital   9500000  
Offered to Public   3400000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   73.64  
F. P. No. 19
Plot No. 1 - B
Hapa Road

Jamnagar ,
Gujarat ,
Phone : 022-24954884 / 0288-2572002
Email :
Website :
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Financial District
Listed at
Lead Manager
Hem Securities Ltd.
Dayalji Vanravan Kotecha
Foram Rishit Kotecha
Hiren Vijaykumar Kotecha
Mayuri Hiren Kotecha
Rishit Dayalaji Kotecha
Vijaykumar Vanravan Kotecha
Attention Investors: "Prevent Unauthorized Transactions in your account --> Update your Mobile Numbers/email IDs with your stock brokers. Receive information of your transactions directly from exchange on your mobile/email at the end of the day..... issued in the interest of investors. "
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account
Prevent Unauthorized Transactions in your demat account:Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from Exchange / CDSL on the same day.........issued in the interest of investors.
SEBI REGN NO: INZ000271235 | DP~IN-DP 672-2022 | Member ID : NSE :14453 | BSE: 6281 | MCX-SX: 11280 |SCM F&O: M50171 | AMFI: 2110
Segregation and Monitoring of Collateral at Client Level with reference to NCL circulars NCL/CMPL/49348 dated August 20, 2021, NCL/CMPL/49640 dated September 17, 2021 and NCL/CMPL/49764 dated September 29, 2021 on the captioned subject
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
Pay 20% upfront margin of the transaction value to trade in cash market segment.
Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 and BSE vide notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 dated August 31, 2020 and other guidelines issued from time to time in this regard 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month........... Issued in the interest of Investors. "