Magenta Lifecare Limited IPO
BSE SMEListed On: Jun 12, 2024 at ₹ 45.0
₹ 140000 /4000 Shares
Check AllotmentMagenta Lifecare Limited IPO Details
05 Jun, 2024
Open Date07 Jun, 2024
Close Date10 Jun, 2024
Allotment Date12 Jun, 2024
Listing DateIssue Price
₹35 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedList Price
45.0Listing Date
2024-06-12Market Lot
4000 Shares (₹140,000/-)Lead Manager
Fedex Securities Pvt LtdIssue Size
2,000,000 shares(aggregating up to ₹7.00 Cr)Retail Portion
50%Subscription
982.54 timesMagenta Lifecare Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 948,000 | 948,000 | 1,896,000 |
| Day 1 - 05-06-24 06:00 PM | 9.43 x | 39.50 x | 24.49 x |
| Day 2 - 06-06-24 06:00 PM | 66.50 x | 174.84 x | 120.75 x |
| Day 3 - 07-06-24 06:00 PM | 1188.04 x | 777.03 x | 982.54 x |
Magenta Lifecare Limited Valuations
EPS Pre IPO
₹0.5/-EPS Post IPO
₹0.47/-P/E Pre IPO
69.43P/E Post IPO
74.03RoNW
3.84%Magenta Lifecare Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,250.93 | 1,415.60 | 1,459.78 |
| Revenue | 955.29 | 938.47 | 966.14 |
| Profit After Tax | 24.55 | 18.89 | 19.44 |
About The Company
Magenta Lifecare Limited manufactures mattresses and pillows. The company offers foam-based products under the brand Magenta in India.
Magenta Lifecare's product portfolio includes memory foam, latex-based, bonded mattresses, pocketed springs etc. and pillows such as memory foam pillows, moulded memory foam pillows, moulded contour foam pillows etc.
Magenta Lifecare Limited's manufacturing facility is located in Gujarat, India. The installed capacity for manufacturing mattresses is currently at 60,000 Nos. and 70,000 nos. of pillows.
As of date of Prospectus, The company's overall staff strength is 41 employees. The products the company offers to the customers are spread across retail, hotels and institutions.
Magenta Lifecare Limited - Promoter(s)
Pre Issue Share Holding: 84.06%
Post Issue Share Holding: 59.59%
Company Promoter(s)
- Divyesh Modi
- Khyati Modi
Magenta Lifecare Limited IPO - Issue Objectives
- Funding our working capital requirements
- General corporate purposes
Other Details
Magenta Lifecare Limited
N P Patel Estate,A & T Padamla, Vadodara – 391350, Gujarat,Cameo Corporate Services Limited
Magenta Lifecare Limited IPO - FAQs
Ans. Magenta Lifecare Limited IPO is a SME IPO. The issue is priced at ₹35 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Jun 5, 2024, and closes on Jun 7, 2024. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Magenta Lifecare Limited IPO opens on Jun 5, 2024 and closes on Jun 7, 2024.
Ans. The size of Magenta Lifecare Limited IPO is 2,000,000 shares(aggregating up to ₹7.00 Cr).
Ans. The IPO price band is set between ₹35 per equity share.
Ans. To apply for Magenta Lifecare Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Magenta Lifecare Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Magenta Lifecare Limited IPO is Jun 10, 2024.
Ans. The Magenta Lifecare Limited IPO will be listed on Jun 12, 2024.
Ans. Follow the steps to check the allotment status for Magenta Lifecare Limited IPO here.
