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Magenta Lifecare IPO is a book build IPO listing on BSE SME exchange. The company is based in Vadodara and caters to Textiles sector. Fedex Securities Private is the merchant banker of Magenta Lifecare IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st October 2023.
Magenta Lifecare IPO open date is 5th June 2023 and close date is 7th June 2024. IPO Allotment Date is 10th June 2024 and Listing date is 12th June 2024.Magenta Lifecare IPO size is Rs 7.00 Cr. crores with IPO price of Rs 35.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fedex Securities Private Limited is the book-running lead manager of the Magenta Lifecare IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Magenta Lifecare IPO.
Magenta Lifecare IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Magenta Lifecare IPO, based in Vadodara, operates in the Textiles sector with a focus on manufactures mattresses and pillows. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Magenta Lifecare IPO size is ₹ 7.00 Cr. Crores with fresh issue size of Rs 7.00 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Magenta Lifecare IPO is expected to be 10th June 2024, after the finalization of basis of allotment. Investors can check Magenta Lifecare IPO allotment status on the registrars website, Cameo Corporate Services Limited. Magenta Lifecare IPO refund dates are 11th June 2024.
Magenta Lifecare IPO is expected to be listed on 12th June 2024.
The upper price band for the Magenta Lifecare IPO is set at ₹ 35.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Magenta Lifecare IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Magenta Lifecare IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th June 2024. After submission, funds are blocked until the basis of allotment of Magenta Lifecare IPO is finalised.
The merchant banker for Magenta Lifecare IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Magenta Lifecare IPO RHP for further details.
The registrar for Magenta Lifecare IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Magenta Lifecare IPO through their official website or helpline.
Magenta Lifecare IPO was subscribed 983.19 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 7.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.70 Cr.
Sector: Textiles
SME IPO so far:
76
Merchant Banker:
Fedex Securities
SME IPO by BRLM so far:
47
City:
Vadodara
SME IPO so far:
22
Revenue (annualised):
₹ 8.03 cr.
PE
Ratio:
74.03x
Average Sector PE Ratio: 19.35x
Magenta Lifecare IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Magenta Lifecare Financial Review Page
Merchant Banker(s) of Magenta Lifecare IPO: Fedex Securities Private Limited
Magenta Lifecare IPO subscription was 983.19 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Magenta Lifecare IPO listed at a listing price of 47.25 against the offer price of 35.00.
The current market price of Magenta Lifecare is 18.75.
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