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Magenta Lifecare Ltd

Magenta Lifecare Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹35
₹35
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹35
Based on GMP
Min. Investment
₹140,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
05 Jun 2024
Close Date
07 Jun 2024
Allotment
10 Jun 2024
Listing Date
12 Jun 2024
Exchange
BSE SME
Price Band
₹35
Listing Price
See chart
Allotment Status
Price Band
₹35
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
20,00,000 shares (aggregating up to ₹7.00 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
48,69,936 shares
Promoters
Post-IPO Holding
68,69,936 shares
Promoters
P/E (Pre)
69.43x
 
P/E (Post)
74.03x
 
EPS (Pre)
₹0.50
 
EPS (Post)
₹0.47
 
UPI Deadline
2024-06-07
Mandate
Anchor AllotmentTue, 04 Jun 2024
Basis of AllotmentMon, 10 Jun 2024
Refund InitiationTue, 11 Jun 2024
Demat CreditTue, 11 Jun 2024
Listing DayWed, 12 Jun 2024
UPI Mandate Deadline2024-06-07
Sale TypeFresh Capital
Net Offer to Public18,96,000 shares (aggregating up to ₹6.64 Cr)
Market Maker Quota1,04,000 shares (aggregating up to ₹0.3640 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Magenta Lifecare Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Jun 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
104,000
₹0.36
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,000,000
100% ₹7.00
IPO Shares Offered
Magenta Lifecare Ltd IPO total issue size: ₹7.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 104,000 ₹0.36
5.20%
Total 2,000,000 ₹7.00
100.00%
* Based on upper price band ₹35 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹35.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹280,000
Retail (Max — 13 Lots)1352,000₹1,820,000
S-HNI (Min — 14 Lots)1456,000₹1,960,000
B-HNI (Min — 68 Lots)68272,000₹9,520,000
* Issue Price ₹35 × Lot Size 4,000 shares
IPO Schedule
Anchor
04 Jun 2024
✓ Done
IPO Open
05 Jun 2024
✓ Done
IPO Close
07 Jun 2024
✓ Done
Allotment
10 Jun 2024
✓ Done
Refunds
11 Jun 2024
✓ Done
Demat Credit
11 Jun 2024
✓ Done
Listing Day
12 Jun 2024
✓ Done
Magenta Lifecare Ltd — Live Price LIVE
₹35.00
INR · BSE
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Issue ₹35.00 Live Price
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.
Objects of the Issue
1
. Funding our working capital requirements; and
2
. General corporate purposes
Magenta Lifecare Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹938.5
31 Mar 2022
₹955.3
31 Mar 2023
₹630.7
31 Dec 2023
Profit After Tax (PAT)
₹18.9
31 Mar 2022
₹24.6
31 Mar 2023
₹24.4
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 630.74 955.29 938.47
EBITDA N/A N/A N/A
Profit After Tax (PAT) 24.36 24.55 18.89
Net Worth 634.18 520.81 N/A
Total Assets 1505.71 1250.93 1415.60
Reserves & Surplus 520.81 366.57 219.72
Borrowings 447.83 453.01 757.53
EBITDA Margin (%) N/A
PAT Margin (%) 4.05%
P/BV Ratio
2.68
RoE
5.62%
RoCE
13.41%
RoNW
3.84%
PAT Margin
4.05%
Issue Structure & Shareholding
Total Shares Offered20,00,000 (100.00%)
Net Offer to Public18,96,000 shares (aggregating up to ₹6.64 Cr)
Reserved for Market Maker1,04,000 shares (aggregating up to ₹0.3640 Cr)
Pre-Issue Promoter Holding48,69,936 shares
Post-Issue Promoter Holding68,69,936 shares
P/BV Ratio2.68
RoE5.62%
RoCE13.41%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Magenta Lifecare Ltd IPO subscribed?

Magenta Lifecare Ltd IPO is subscribed 1.00 times by Jun 07, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Magenta Lifecare Ltd IPO retail subscription status?

The Magenta Lifecare Ltd IPO retail category is subscribed 1.00 times as of 07 Jun 2024. The retail portion is oversubscribed.

How to subscribe Magenta Lifecare Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 05 Jun 2024 and closes 07 Jun 2024. Min investment: ₹140,000 (1 lot = 4,000 shares). UPI mandate: 2024-06-07.

How many times Magenta Lifecare Ltd IPO subscribed?

The Magenta Lifecare Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Magenta Lifecare Ltd IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Jun 2024. Refunds: on 11 Jun 2024.

When Magenta Lifecare Ltd IPO will be listed?

The Magenta Lifecare Ltd IPO listing date is 12 Jun 2024, Wednesday. Listed on: BSE SME. Issue price: ₹35. Estimated listing: ₹35. GMP: NIL.

When Magenta Lifecare Ltd IPO close?

The Magenta Lifecare Ltd IPO closes on 07 Jun 2024, Friday. UPI mandate: 2024-06-07. Allotment: 10 Jun 2024. Listing: 12 Jun 2024.