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Madhusudan Masala Ltd.
Issue Open Date 18-Sep-23  
Issue Closing Date 21-Sep-23  
Application Money 100  
Allotment Money  
Price Band 66 - 70  
Minimium Application No. 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 Produ
Promoter's Holding
Total Share Capital   9500000  
Offered to Public   3400000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding(Post-Issue)   73.64  
More
Address
F. P. No. 19
Plot No. 1 - B
Hapa Road

Jamnagar ,
Gujarat ,
361001
Phone : 022-24954884 / 0288-2572002
Email : info@madhusudanmasala.com
Website : www.madhusudanmasala.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
NSE
Lead Manager
Hem Securities Ltd.
Promoters
Dayalji Vanravan Kotecha
Foram Rishit Kotecha
Hiren Vijaykumar Kotecha
Mayuri Hiren Kotecha
Rishit Dayalaji Kotecha
Vijaykumar Vanravan Kotecha

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