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15 Days Price Change

Madhusudan Masala IPO

Closing In

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Profile
Issue Size --
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Price Range 66  to  70 per share
Profile
Min Investment ₹70
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Madhusudan Masala Ltd is a dynamic and innovative spice manufacturing company renowned for its premium quality spice blends and seasonings. Founded on a commitment to flavor excellence, Madhusudan Masala has emerged as a trusted name in the culinary world. With a rich history spanning decades, the company has mastered the art of sourcing, processing, and packaging an extensive range of spices, ensuring unmatched freshness and authenticity. Their products cater to diverse tastes and cuisines, making them a staple in kitchens worldwide. Madhusudan Masala's unwavering dedication to quality control and adherence to stringent standards has earned them a loyal customer base. Their state-of-the-art facilities and experienced team of spice experts work tirelessly to create flavorful and aromatic blends that elevate every dish. In the ever-evolving culinary landscape, Madhusudan Masala Ltd continues to be a trailblazer, setting the standard for exceptional spices and seasonings. Read More

Basic Info

Face Value 10 per share

Price 66  to  70 per share

P/E (x) 6.4

Sales( Cr.) 231

PAT( Cr.) 15

EPS 10.9

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Mr. Dayalji Vanravan Kotecha Mr. Vijaykumar Vanravan Kotecha Mr. Rishit Dayalaji Kotecha Mr. Hiren Vijaykumar Kotecha

Pre Issue Share Holding 100%

Post Issue Share Holding 81.7%

Listing Details:

Listing Price: 120

Listing Gain: 41.67%

Current Price: 155

Gain On Issue: 155 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 18, 2023
Closing Date Sep 21, 2023
Allotment Sep 22, 2023
Refund Sep 25, 2023
Delivery of Shares Sep 25, 2023
Listing Date Sep 26, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 140,000
Retail (Max) 1 2000 140,000
S-HNI (Min) 2 4000 280,000
S-HNI (Max) 7 14000 980,000
B-HNI (Min) 8 16000 1,120,000

Objective of the Issue

1. Funding to meet working capital requirements 2. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 1700000 147747000 86.9x
NII 510000 292780800 574.1x
Retail 1190000 705348700 592.7x
EMP 0 0 0x
Total 3400000 1510518000 444.3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Madhusudan Masala Profit & Loss

#(Fig in Cr.) Mar 2025 TTM
Net Sales 231
Other Income 1
Total Income 232
Total Expenditure 207
Operating Profit 26
Interest 6
Depreciation 2
Exceptional Income / Expenses 3
Profit Before Tax 20
Provision for Tax 5
Profit After Tax 15
Adjustments 0
Profit After Adjustments 15
Adjusted Earnings Per Share 10.4

Madhusudan Masala Balance Sheet

#(Fig in Cr.) Mar 2025
Shareholder's Funds 94
Minority's Interest 0
Borrowings 9
Other Non-Current Liabilities -0
Total Current Liabilities 77
Total Liabilities 179
Fixed Assets 15
Other Non-Current Assets 7
Total Current Assets 158
Total Assets 179

Madhusudan Masala Cash Flow

#(Fig in Cr.) Mar 2025
Opening Cash & Cash Equivalents 1
Cash Flow from Operating Activities -39
Cash Flow from Investing Activities -7
Cash Flow from Financing Activities 45
Net Cash Inflow / Outflow -1
Closing Cash & Cash Equivalent -0

Madhusudan Masala Ratios

# Mar 2025
Earnings Per Share (Rs) 10.38
CEPS(Rs) 12.02
DPS(Rs) 0
Book NAV/Share(Rs) 64.44
Core EBITDA Margin(%) 10.5
EBIT Margin(%) 11.41
Pre Tax Margin(%) 8.68
PAT Margin (%) 6.51
Cash Profit Margin (%) 7.53
ROA(%) 8.39
ROE(%) 16.11
ROCE(%) 15.61
Receivable days 74.54
Inventory Days 155.3
Payable days 9.65
PER(x) 14.39
Price/Book(x) 2.32
Dividend Yield(%) 0
EV/Net Sales(x) 1.26
EV/Core EBITDA(x) 11.35
Net Sales Growth(%) 0
EBIT Growth(%) 0
PAT Growth(%) 0
EPS Growth(%) 0
Debt/Equity(x) 0.81
Current Ratio(x) 2.06
Quick Ratio(x) 0.78
Interest Cover(x) 4.19
Total Debt/Mcap(x) 0.35

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -3% NA% NA% NA%
ROE Average 16% 16% 16% 16%
ROCE Average 16% 16% 16% 16%

Company Contact Information

Madhusudan Masala Ltd.

F. P. No. 19, Plot No. 1 - B Hapa Road

IPO Lead Manager(s)

Madhusudan Masala Ltd.

Hem Securities Ltd.

Registrar Info

Madhusudan Masala Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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