Magenta Lifecare Ltd
Price Range
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Magenta Lifecare Ltd IPO Timeline
Magenta Lifecare Limited was originally incorporated as 'Magenta Lifecare Private Limited' as a Private Limited Company dated August 04, 2015, issued by the Assistant Registrar of Companies, Gujarat. Subsequently, upon the conversion of the Company into a Public Limited Company, the name changed to 'Magenta Lifecare Limited' and a fresh Certificate of Incorporation dated July 05, 2023 was issued by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Magenta Lifecare Ltd IPO Opening Date | 5 June 2024 |
| Magenta Lifecare Ltd IPO Closing Date | 7 June 2024 |
| Basis of Allotment | 10 June 2024 |
| Initiation of Refunds | 11 June 2024 |
| Credit of Shares to Demat | 11 June 2024 |
| Magenta Lifecare Ltd IPO Listing Date | 12 June 2024 |
Magenta Lifecare Ltd IPO Details
| Magenta Lifecare Ltd IPO Date | - |
| Magenta Lifecare Ltd IPO Face Value | - |
| Magenta Lifecare Ltd IPO Price | - |
| Magenta Lifecare Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Divyesh Modi, Khyati Modi |
Magenta Lifecare Ltd IPO Lot Size
The Magenta Lifecare Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- Increase brand awareness and Equity to Acquire New Customers.
- Drive Continued Operational Excellence.
- Continue to focus on development of personalized products.
- Enhance customer base by entering new geographies.
- Expand its distribution network.
- Focus on quality.
Company Financials
Magenta Lifecare Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 13.06 | 9.05 | 0.74 |
| 03-2023 | 12.51 | 9.55 | 0.25 |
| 03-2022 | 14.16 | 9.38 | 0.19 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding its Working Capital Requirements
- General Corporare Purposes
Magenta Lifecare Ltd IPO Promoter Holding
| Pre Issue Share Holding | 44.93% |
| Post Issue Share Holding | 31.42% |
Magenta Lifecare Ltd IPO Subscription Status (Bidding Detail)
The Magenta Lifecare Ltd IPO is subscribed 932.114 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 932.114 |
Magenta Lifecare Ltd IPO Prospectus
Magenta Lifecare Ltd IPO Listing Date
| BSE Script | 544188 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0QZ901011 |
| IPO Price | ₹35 |
| Face Value | ₹10 |
Company Contact Information
N P Patel EstateA & T Padamla,Vadodara-391350
Phone: +91 75730 22234
Email: info@magentalifecare.com
Website: https://www.magentamattresses.com
Magenta Lifecare Ltd IPO Registrar
Magenta Lifecare Ltd IPO Lead Manager(s)
- Fedex Securities Pvt Ltd
FAQ
What is the issue size of Magenta Lifecare Ltd IPO?
I have pre-applied for Magenta Lifecare Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.