Magson Retail and Distribution Ltd IPO
Price Range
-
-
Min. Quantity
-
Closes on
-
-
Min. investment
₹-
Magson Retail and Distribution Ltd IPO Timeline
| Event | Date |
|---|---|
| Magson Retail and Distribution Ltd IPO Opening Date | 23 June 2023 |
| Magson Retail and Distribution Ltd IPO Closing Date | 27 June 2023 |
| Basis of Allotment | 3 July 2023 |
| Initiation of Refunds | 4 July 2023 |
| Credit of Shares to Demat | 5 July 2023 |
| Magson Retail and Distribution Ltd IPO Listing Date | 6 July 2023 |
Magson Retail and Distribution Ltd IPO Details
| Magson Retail and Distribution Ltd IPO Date | - |
| Magson Retail and Distribution Ltd IPO Face Value | - |
| Magson Retail and Distribution Ltd IPO Price | - |
| Magson Retail and Distribution 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 | Rajesh Emmanuel Francis, Manish Shivnarayan Pancholi, Jennifer Rajesh Francis |
Magson Retail and Distribution Ltd IPO Lot Size
The Magson Retail and Distribution Ltd IPO lot size is - shares. A retail-individual investor can apply for up to NaN lots (- shares or ₹-).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- Existing stores visibility & footsteps.
- Good market prospects for retail business.
- Experienced Promoters in retail business and a well-trained employee base.
- Proposed franchise model with firm tie up with supply chain to get best possible low cost for products to be sold.
- Optimal Utilization of Resources.
- Unique Shopping Experience.
- Wide Product Mix.
- Strong Distribution Network.
- Investment in Software/ technology/ Mobile App for online shopping.
- Strong Marketing Strategy.
Company Financials
Magson Retail and Distribution Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 40.92 | 69.01 | 0.57 |
| 03-2024 | 31.29 | 66.29 | 2.81 |
| 03-2023 | 19.94 | 62.3 | 2.52 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- For opening new stores under franchise model
- Working capital requirement
- General corporate purpose
Magson Retail and Distribution Ltd IPO Promoter Holding
| Pre Issue Share Holding | 14.59% |
| Post Issue Share Holding | 10.66% |
Magson Retail and Distribution Ltd IPO Subscription Status (Bidding Detail)
The Magson Retail and Distribution Ltd IPO is subscribed 6.4475 times on - 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) | - | - | - | - | 6.4475 |
Magson Retail and Distribution Ltd IPO Prospectus
Magson Retail and Distribution Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | - |
| ISIN | INE0O1S01012 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
204-B,Primate Complex, Opp Mot-her Milk Palace,Nr Judges Bng,Ahmedabad-380015
Phone: +91 9978607507
Email: cs.magson@gmail.com
Website: www.magson.in
Magson Retail and Distribution Ltd IPO Registrar
Magson Retail and Distribution Ltd IPO Lead Manager(s)
- ISK Advisors Pvt Ltd
How to Check the Allotment Status of Magson Retail and Distribution Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Magson Retail and Distribution Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Magson Retail and Distribution Ltd IPO
Magson Retail and Distribution Limited (MRDL) was incorporated as 'Magson Retail And Distribution Private Limited' on December 10, 2018 at Ahmedabad as a Private Limited Company with the Registrar of Companies, Ahmedabad, Gujarat. Subsequently, name of the Company was changed to 'Magson Retail And Distribution Limited ' pursuant to a fresh Certificate of Incorporation on December 20, 2022 at Gujarat.