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MADHAVBAUGSME / NSEListed

Vaidya Sane Ayurved Laboratories Limited

Madhavbaug is a medical service provider specializing in the treatment of chronic ailments such as cardiac diseases, diabetes, hypertension, obesity, and knee pain, using a combination of modern technology and traditional Ayurveda practices through non-invasive, multidisciplinary therapies. As of November 30, 2021, it operates 274 clinics across Maharashtra, Madhya Pradesh, Gujarat, Uttar Pradesh, Goa, Karnataka, Delhi, and Chhattisgarh, including 52 company-owned and 222 franchise clinics, along with two cardiac prevention and rehabilitation hospitals in Khopoli and Nagpur. The company also offers wellness products online through Madhavbaug Wellness and supports patients via the MIB Pulse App.

₹73 - ₹73Open
Listed Price102.00
Listing Gain+39.73%
TimelineFixed Price IPO
Open10 Feb 2022
Close15 Feb 2022
Allotment21 Feb 2022
Listing23 Feb 2022

Quota Reservation Portions

Market MakerPortion: 1,40,800 shares
5.08%
Nii (hni)Portion: 13,15,200 shares
47.46%
RetailPortion: 13,15,200 shares
47.46%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,16,800
HNI2 lots / 3,200 shares
₹2,33,600

About the Company

Madhavbaug is a medical service provider specializing in the treatment of chronic ailments such as cardiac diseases, diabetes, hypertension, obesity, and knee pain, using a combination of modern technology and traditional Ayurveda practices through non-invasive, multidisciplinary therapies. As of November 30, 2021, it operates 274 clinics across Maharashtra, Madhya Pradesh, Gujarat, Uttar Pradesh, Goa, Karnataka, Delhi, and Chhattisgarh, including 52 company-owned and 222 franchise clinics, along with two cardiac prevention and rehabilitation hospitals in Khopoli and Nagpur. The company also offers wellness products online through Madhavbaug Wellness and supports patients via the MIB Pulse App.

Company Promoters

Dr. Rohit Madhav Sane