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Magenta Lifecare Ltd IPO

BSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹35
Issue Price
₹35
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹35
GMP based
Lot Size
4,000
shares / lot
Min Amount
₹140,000
1 lot · 4,000 shares
Opens
05 Jun
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
05 Jun 2024
Wed Completed
Done
Close Date
07 Jun 2024
Fri Completed
Done
Allotment
10 Jun 2024
Mon Completed
Done
Refund
11 Jun 2024
Tue Completed
Done
Demat Credit
11 Jun 2024
Tue Completed
Done
Listing Date
12 Jun 2024
Wed Completed
UPI Deadline: 07 Jun 2024
Issue Details
Pricing & Size
Issue Price
₹35 Face ₹10
Lot Size
4,000 shares
Min Investment
₹140,000
Total Issue Size
20,00,000 shares (aggregating up to ₹7.00 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,04,000 (5.20%)
QIB Portion
-
NII / HNI
9,48,000 (47.40%)
Retail
9,48,000 (47.40%)
Employee
-
Net Offer to Public
18,96,000 shares (aggregating up to ₹6.64 Cr)
Shareholding Pattern
Pre-Issue Shareholding
48,69,936 shares
Post-Issue Shareholding
68,69,936 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 4,000 ₹1,40,000
HNI / NII 2 8,000 ₹2,80,000
Objects of Issue
2 objectives
1
. Funding our working capital requirements; and
2
. General corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
Market Maker
Sunflower Broking Pvt.Ltd
IPO Timeline
Open
05 Jun
✓ Done
Close
07 Jun
✓ Done
Allotment
10 Jun
✓ Done
Listing
12 Jun
✓ Done
Registrar Details
Cameo Corporate Services Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-44-28460390
Email
ipo@cameoindia.com
Company Contact
Email
info@magentalifecare.com
Phone
+91 7573022234
Address
N P Patel Estate, A & T Padamla, Vadodara, Gujarat, 391350
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹35
Est. Listing
₹35
Lot Size
4,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 9,48,000 (47.40%) — —
Retail Investors — 9,48,000 (47.40%) — —
Market Maker * 1× 1,04,000 (5.20%) 1,04,000 (5.20%) ₹3.64 Cr
Total ** — 20,00,000 (100.00%) — —
* Based on ₹35.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
9,48,000 (47.40%)
Retail
9,48,000 (47.40%)
Market Maker
1,04,000 (5.20%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in ₹ Lakhs
Metric31 Dec 202331 Mar 202331 Mar 2022
Revenue630.74955.29938.47
PAT24.3624.5518.89
EBITDA———
Net Worth634.18520.81—
Total Assets1505.711250.931415.60
Reserves520.81366.57219.72
Borrowings447.83453.01757.53
Key Financial Ratios
5.62
ROE
Return on Equity
13.41
ROCE
Return on Capital Employed
3.84
RONW
Return on Net Worth
4.05
PAT Margin
PAT / Revenue
2.68
P/BV
Price to Book Value
0.50
Pre EPS
EPS Pre-Issue
0.47
Post EPS
EPS Post-Issue
69.43
Pre P/E
P/E Pre-Issue
74.03
Post P/E
P/E Post-Issue
About Magenta Lifecare Ltd

Incorporated in 2015, 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 May 2024, the company's overall staff strength is 41 employees. The products the company offers to the customers are spread across retail, hotels and institutions.

Competitive Strengths:

  • Diversified customer base and long-standing relationship with the customers.
  • Extensive and well-developed pan-India sales and distribution network.
  • Diversified Product portfolio.
  • Experienced Promoter Directors with extensive domain knowledge.
  • Quality assurance and accreditations.
Frequently Asked Questions
What is the issue price of Magenta Lifecare Ltd IPO?
The issue price of Magenta Lifecare Ltd IPO is ₹35 per share, face value ₹10.
What is the lot size?
Minimum lot size is 4,000 shares, requiring ₹140,000.
What are the IPO dates?
Opens 05 Jun 2024, closes 07 Jun 2024.
When is the listing date?
Tentative listing: 12 Jun 2024 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹35 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Magenta Lifecare Ltd IPO · Expected 10 Jun 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
10 Jun 2024
Refund Initiation
11 Jun 2024
Demat Credit
11 Jun 2024
Listing Date
12 Jun 2024
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹35
Face ₹10
Lot Size
4,000
shares / lot
Min Amount
₹140,000
1 lot
Est. Listing
₹35
GMP +₹0
Key Dates
Open
05 Jun Done
Close
07 Jun Done
Listing
12 Jun Done
Registrar
Cameo Corporate Services Ltd
A
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