Madhusudan Masala Ltd - IPO

Madhusudan Masala Ltd IPO Details

Initial public offer of upto 34,00,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Madhusudan Masala Limited (The Company or Madhusudan or The Issuer) at an issue price of Rs. 70 per equity share for cash, aggregating up to Rs. 23.80 crores (Public Issue) out of which 1,72,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 70 per equity share for cash, aggregating Rs. 1.20 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 32,28,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 70 per equity share for cash, aggregating upto Rs. 22.60 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.36% and 25.02 % respectively of the post-issue paid-up equity share capital of the company.The face value of the equity share is Rs. 10 and issue price is Rs. 70 the issue price is 7 times of the face value of the equity share.

Objective of issue

Funding to meet working capital requirements. General corporate purposes.

Madhusudan Masala Ltd Contact Details

Madhusudan Masala Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@madhusudanmasala.com

Website - www.madhusudanmasala.com