Magenta Lifecare is a producer of foam-based merchandise akin to mattresses and pillows which can be advertised underneath their model “Magenta” in India. Their Product choices come with quite a lot of mattresses akin to reminiscence foam, latex-based, bonded mattresses, pocketed springs, and so on., and pillows akin to reminiscence foam pillows, molded reminiscence foam pillows, molded contour foam pillows, and so on. They consider that their good fortune is resulting from the standard of goods that they provide to their shoppers, unfold throughout retail, lodges, and establishments. Driven through innovation, they try to introduce new and cutting edge merchandise frequently with the assistance of their staff. For example, they’ve presented inexperienced tea and bamboo charcoal-based natural mattresses and puppy mattress mattresses of their vary of goods. Further, in addition they provide processed uncooked foam and adjustable mattress frames (hydraulic mattress) which they import underneath their model Magenta.
They consider that their product providing is around the phase of society from value-added merchandise to top class segments. Their thoughtfully-designed merchandise supply convenience, with ergonomic design, thermal convenience, drive reduction, movement isolation, simple place realignment, and long-term sturdiness. They consider that their merchandise are designed to enhance, convenience, and funky the frame, resulting in better-quality sleep. They consider that they provide mattresses with various customization choices relating to cloth, form, firmness, subject matter, peak, foam sort & density, personalization, application, and construction.
They have evolved a distributor and broker/store community throughout a couple of states in India. They promote their merchandise via offline channels of multi-brand shops and a community of sellers and likewise via on-line e-commerce platforms. Their vendors are appointed region-wise.
Objects of the Issue:
- Funding our running capital necessities
- General company functions
Magenta Lifecare IPO Review
Magenta Lifecare IPO Date & Price Band Details
IPO Open: | June 5, 2024 |
IPO Close: | June 7, 2024 |
IPO Size: | Approx ₹7 Crores, 2,000,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹35 Per Equity Share |
IPO Listing on: | BSE SME |
Retail Quota: | 50% of the web be offering |
QIB Quota: | [.]% of the web be offering |
NII Quota: | 50% of the web be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Magenta Lifecare IPO Market Lot
The Magenta Lifecare IPO minimal marketplace lot is 4000 stocks with a ₹140,000 software quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 4000 | ₹140,000 |
Retail Maximum | 1 | 4000 | ₹140,000 |
S-HNI Minimum | 2 | 8000 | ₹280,000 |
Magenta Lifecare IPO Dates
The Magenta Lifecare IPO date is June 5 and the IPO shut date is June 7. The IPO allotment date is June 10 and the IPO may checklist on June 12.
IPO Open Date: | June 5, 2024 |
IPO Close Date: | June 7, 2024 |
Basis of Allotment: | June 10, 2024 |
Refunds: | June 11, 2024 |
Credit to Demat Account: | June 11, 2024 |
IPO Listing Date: | June 12, 2024 |
You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.
Magenta Lifecare IPO Form
How to use Magenta Lifecare IPO? You can practice Magenta Lifecare IPO by way of ASBA to be had to your checking account. Just move to the web financial institution login and practice by way of your checking account through deciding on the Magenta Lifecare IPO within the Invest phase. The different possibility you’ll be able to practice Magenta Lifecare IPO by way of IPO bureaucracy obtain by way of the BSE web site. Check out the Magenta Lifecare bureaucracy – click on BSE IPO Forms obtain, fill and post to your financial institution or along with your dealer.
Magenta Lifecare Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹9.66 | ₹9.49 | ₹0.19 |
2022 | ₹9.38 | ₹9.16 | ₹0.19 |
2023 | ₹9.55 | ₹9.24 | ₹0.25 |
December 2023 | ₹6.31 | ₹5.64 | ₹0.24 |
Magenta Lifecare IPO Valuation – FY2023
Check Magenta Lifecare IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹0.53 in line with Equity Share |
Price/Earning P/E Ratio: | 65.97 |
Return on Net Worth (RoNW): | 4.71% |
Net Asset Value (NAV): | ₹13.07 in line with Equity Share |
Peer Group
- Sheela Foam Limited
- Tirupati Foam Limited
Magenta Lifecare IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
Magenta Lifecare IPO Allotment Status
Check Magenta Lifecare IPO allotment standing on Cameo web site URL. Click Here
Magenta Lifecare IPO Lead Managers aka Merchant Bankers
- Fedex Securities Pvt Ltd
Company Address
Magenta Lifecare Limited
N P Patel Estate,
A & T Padamla,
Vadodara – 391350, Gujarat, India
Phone: +91 7573022234
Email: [email protected]
Website: https://www.magentamattresses.com/
Magenta Lifecare IPO FAQs
What is Magenta Lifecare IPO?
Magenta Lifecare IPO is an BSE SME IPO. They are going to carry ₹7 Crores by way of IPO. The factor is priced at ₹35 in line with fairness percentage. The IPO is to be indexed on BSE.
When Magenta Lifecare IPO will open?
What is Magenta Lifecare IPO Investors Portion?
How to Apply the Magenta Lifecare IPO?
How to Apply the Magenta Lifecare IPO via Zerodha?
How to Apply the Magenta Lifecare IPO via Upstox?
How to Apply the Magenta Lifecare IPO via Paytm Money?
What is Magenta Lifecare IPO Size?
What is Magenta Lifecare IPO Price Band?
Magenta Lifecare IPO Price Band is ₹35 in line with fairness percentage.
What is Magenta Lifecare IPO Minimum and Maximum Lot Size?
What is Magenta Lifecare IPO Allotment Date?
What is Magenta Lifecare IPO Listing Date?
Note: The Magenta Lifecare IPO main points are introduced formally. The IPO gray marketplace top class (Magenta Lifecare IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.
– Source : IPOWATCH