Magenta Lifecare Limited IPO
Magenta Lifecare Limited IPO bidding starts from June 5, 2024 and ends on June 7, 2024. The allotment for the Magenta Lifecare Limited IPO is expected to be finalized on June 10, 2024. Magenta Lifecare Limited IPO will list on BSE SME with tentative listing date fixed as June 12, 2024. Magenta Lifecare Limited IPO price band is set at ₹35 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹1,40,000.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | June 5, 2024 |
Close Date:- | June 7, 2024 |
Allotment Date:- | June 10, 2024 |
Listing Date:- | June 12, 2024 |
About Magenta Lifecare Limited :-
The Magenta Lifecare IPO is a fixed price issue of ₹7.00 crores, consisting entirely of a fresh issue of 20 lakh shares.
Bidding for the Magenta Lifecare IPO commenced on June 5, 2024, and concluded on June 7, 2024. The allotment is expected to be finalized on Monday, June 10, 2024, with the shares anticipated to list on the BSE SME on Wednesday, June 12, 2024.
The IPO is priced at ₹35 per share, with a minimum application lot size of 4000 shares, requiring a minimum investment of ₹140,000 from retail investors. High Net Worth Individuals (HNIs) need to invest in a minimum of 2 lots, or 8000 shares, amounting to ₹280,000.
Fedex Securities Pvt Ltd is the book-running lead manager for the Magenta Lifecare IPO, while Cameo Corporate Services Limited serves as the registrar. The market maker for this IPO is Sunflower Broking.
Contact Details :-
Address:- Magenta Lifecare Limited N P Patel Estate, A & T Padamla, Vadodara – 391350, Gujarat, India
Phone:- +91 7573022234
E-mail:- info@magentalifecare.com
Website:- https://www.magentamattresses.com/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | SME |
Price:- | ₹35 |
Lot Size:- | 4000 |
Minimum Amount for 1 Lot:- | ₹1,40,000 |
Listing At:- | BSE SME |
Total issue of Shares:- | 20,00,000 |
Total issue Size:- | ₹7 Crore |
Fresh issue of Shares:- | 20,00,000 |
Fresh issue Size:- | ₹7 Crore |
Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 1,505.71 | 1,250.93 | 1,415.60 | 1,459.78 |
Revenue | 630.74 | 955.29 | 938.47 | 966.14 |
Profit After Tax | 24.36 | 24.55 | 18.89 | 19.44 |
Net Worth | 634.18 | 520.81 | 361.73 | 142.85 |
Reserves and Surplus | 147.19 | 366.57 | 219.72 | 20.84 |
Total Borrowing | 447.83 | 453.01 | 757.53 | 982.73 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 24 |
ROE:- | 5.62% |
ROCE:- | 13.41% |
RoNW:- | 3.84% |
IPO Registrar :-
Name:- Cameo Corporate Services Limited
Website:- https://ipo.cameoindia.com/
IPO Prospectus :-
Particulars | Link |
---|---|
Magenta Lifecare Limited IPO DHRP:- | Click Here |
Magenta Lifecare Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
05-06-2024 | ₹28 | ₹63 | 80% |
06-06-2024 | ₹23 | ₹58 | 65.71% |
07-06-2024 | ₹16 | ₹51 | 45.71% |
08-06-2024 | ₹8 | ₹43 | 22.86% |
09-06-2024 | ₹11 | ₹46 | 31.43% |
10-06-2024 | ₹11 | ₹46 | 31.43% |
11-06-2024 | ₹15 | ₹50 | 42.86% |
12-06-2024 | ₹15 | ₹50 | 42.86% |
Subscription Details :-
Date | Retail | Other | Total |
---|---|---|---|
June 5, 2024 | 39.50 | 9.43 | 24.49 |
June 6, 2024 | 174.84 | 66.50 | 120.75 |
June 7, 2024 | 778.41 | 1,145.78 | 983.19 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on June 10, 2024) | Click Here |
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