Madhusudan Masala Limited was originally formed as a Partnership Firm registered under the Indian Partnership Act, 1932 with Registrar of Firms, Gujarat in the name and style of 'M/s. Madhusudan & Co.', pursuant to a Deed of Partnership in 1982. Further 'M/s. Madhusudan & Co.' was converted from Partnership Firm to a Private Limited Company in the name of 'Madhusudan Masala Private Limited' vide Certificate of Incorporation dated December 14, 2021, issued by Registrar of Companies. Subsequently the Company was converted into a Public Limited Company on April 15, 2023 and the name was changed to 'Madhusudan Masala Limited' vide fresh Certificate of Incorporation dated April 29, 2023 by the Registrar of Companies, Ahmedabad.
The Company started current manufacturing unit at Industrial Area Hapa, Near Jamnagar Unit in FY 2015. Since then, the Company is engaged in the business of manufacturing and processing of more than 32 types of Spices under the brand names of 'DOUBLE HATHI' and 'MAHARAJA'. The Company sell products like: Whole Spices, Tea and Other Grocery Products like: 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) etc under the brand name of 'DOUBLE HATHI'. Furthermore, it generate revenue from trading of whole spices and food grains through unbranded sales.
The Company set up a multi commodity ...agri products cold storage with capacity of 4029 MT in FY 2022. The range of spices includes (i) Ground spices which comprises of various varieties of Chilli Powder, Turmeric Powder, Coriander Powder and Coriander Cumin Powder and (ii) Blend spices which comprises of Garam Masala, Tea Masala, Chhole Masala, Sambhar Masala, Pav Bhaji Masala, Pani Puri Masala, Sabji Masala, Kitchen King Masala, Chicken Masala, Meat Masala, Chatpata Chat Masala, Butter Milk Masala, Chewda Masala, Dry Ginger Powder (Sunth), Black Pepper Powder (Mari), Dry Mango Powder (Aamchur) etc. The Company deals in whole spices in retail and bulk quantity. It has earned goodwill & competitive edge through the consistent quality oriented product development approach.
Company came up with IPO by issuing 34,00,000 Equity Shares of Rs 10 each and raised Rs 23.8 crore through fresh issue on September 21, 2023.
The Company acquired 100% equity stake in Vitagreen Products Pvt. Ltd, making it a wholly owned subsidiary of the Company in FY 2024. It launched the 'MAHARAJA' brand for the sale of ground spices for rural market in FY 2025.
FAQs on Madhusudan Masala Ltd
1. Can I buy Madhusudan Masala Ltd from PL Capital? ›
Yes, you can invest in Madhusudan Masala Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Madhusudan Masala Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Madhusudan Masala Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Madhusudan Masala Ltd pay dividends? ›
Madhusudan Masala Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Madhusudan Masala Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Madhusudan Masala Ltd. is ₹ 135 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Madhusudan Masala Ltd ? ›
The 52-week high and low of Madhusudan Masala Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
