Madhusudan Masala Limited
CLOSEDSME IPO · IPO Guide
Lot Size Calculator
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,40,000 |
| Retail (Max) | 2 | 4,000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 6,000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 14,000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16,000 | ₹11,20,000 |
As per financials, Madhusudan Masala Limited has shown good growth, RoNW is 52.40% and P/E is respectively 111.21 and 15.68 as per FY22 and FY23 earnings. As per FY22 earnings issue looks very aggressively priced and as per FY23 earnings issue looks fairly priced. Also sudden rise in net profit just before IPO is very surprising. Company is in business of manufacturing and processing of Spices, which is highly fragmented and competitive segment. Performance of BRLM is very good. So we are giving rating to this SME IPO and as per gray market activity one may consider for listing gains. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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