MAGENTASME / BSEListed
Magenta Lifecare Limited
₹35 - ₹35983.24x sub
Listed Price₹45.00
Listing Gain+28.57%

MAGENTASME / BSEListed
Magenta Lifecare Limited
Price Band₹35
Lot Size4,000 shares
Min Bid₹1,40,000
Subscription983.24x
Listed Market Snapshot
₹45.00Listed price from market data
+28.57%listing gain
Issue Amount
₹7 Cr
Listed Price
₹45.00
Current Price
₹9.05
Registrar
Cameo Corporate Services Limited
Timeline•Fixed Price Issue IPO
Open05 Jun 2024
Close07 Jun 2024
Allotment10 Jun 2024
Listing12 Jun 2024
Quota Reservation Portions
RetailPortion: 9,48,000 shares
47.4%OtherPortion: 9,48,000 shares
47.4%Market MakerPortion: 1,04,000 shares
5.2%Minimum Application Bracket Matrix
Retail1 lots / 4,000 shares
₹1,40,000HNI2 lots / 8,000 shares
₹2,80,000About the Company
Magenta Lifecare Limited, founded in 2015, is a Gujarat-based company that makes mattresses and pillows under the brand name "Magenta." They offer a wide range of products like memory foam, latex-based, bonded mattresses, and different types of pillows, including memory foam and contour pillows. With the capacity to produce 60,000 mattresses and 70,000 pillows annually, the company serves retail customers, hotels, and institutions across India. Backed by 41 experienced employees and knowledgeable promoters, Magenta Lifecare is known for its quality products, strong customer relationships, and wide distribution network.
Company Promoters
Divyesh ModiKhyati Modi
Lead Managers
Registrar
Cameo Corporate Services Limited
