Magenta Lifecare IPO, Review, IPO Performance by IPOPlatform India

About Magenta Lifecare

Company Information

Magenta Lifecare Limited manufactures foam-based products such as mattresses and pillows, marketed under the brand "Magenta" in India. The product range includes various types of mattresses such as memory foam, latex-based, bonded, pocketed spring, and pillows like memory foam pillows, molded memory foam pillows, and molded contour foam pillows. The company attributes its success to the high quality of its products, which are offered to retail, hotel, and institutional customers. Driven by innovation, the company continuously introduces new products, such as herbal mattresses made with green tea and bamboo charcoal and pet bed mattresses. Additionally, the company supplies processed raw foam and adjustable hydraulic bed frames under the Magenta brand. With a diverse product offering catering to both value-added and premium segments, the company

Object of Issue

Funding their working capital requirements and
General Corporate Purposes

Magenta Lifecare SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Jun, 2024

IPO Size :

7.00 Cr.

Market Cap :

24.04 Cr.

IPO Subscription :

983.19 X

PE Multiple :

74.03

Merchant Banker :
Fedex Securities Private Limited

IPO Registrar:
Cameo Corporate Services Limited

Anchor Investors:

FAQs

1. What is Magenta Lifecare IPO?

Magenta Lifecare operates in Textiles and Manufactures Mattresses And Pillows. The Issue is listed on BSE SME in Jun, 2024. Magenta Lifecare IPO size was 7.00 Cr. with Issue price of 35.00 .

2. Who is the merchant banker of Magenta Lifecare IPO?

Merchant Banker(s) of Magenta Lifecare IPO: Fedex Securities Private Limited

3. How many times Magenta Lifecare IPO was subscribed?

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.

4. What is the listing price of Magenta Lifecare IPO?

Magenta Lifecare IPO listed at a listing price of 47.25 against the offer price of 35.00.

5. What is the current market price of Magenta Lifecare IPO?

The current market price of Magenta Lifecare is 23.04.

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Magenta Lifecare Limited IPO (Magenta Lifecare IPO) Details

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

About Magenta Lifecare

Company Information

Object of Issue

Magenta Lifecare SME IPO Details (at the time of IPO)

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