18 Sep 2023
21 Sep 2023
Rs. 23.80 Cr
₹66 to ₹70
26 Sep 2023
03 Oct 2023
Madhusudan Masala Limited manufactures and processes around 32 different varieties of spices under the trade names "DOUBLE HATHI" and "MAHARAJA". Under the brand name "DOUBLE HATHI," the company also sells Whole Spices, Tea, and Other Grocery Products such as Rajgira flour, Papad, Soya Products, Asafoetida (Hing), Achar masala (Ready to make pickle powder), Sanchar (Black salt powder), Sindhalu (Rock salt powder), Katlu powder (Food supplement), Kasuri Methi (Dry fenugreek), and others.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Funding to meet working capital requirements General Corporate Purpose
The book-running lead managers to the offer are: Hem Securities Ltd
Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.