IPO Trending
MAGENTASME / BSEListed
Magenta Lifecare

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.

₹35 - ₹35983.24x sub
Listed Price₹45.00
Listing Gain+28.57%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open05 Jun 2024
Close07 Jun 2024
Allotment10 Jun 2024
Listing12 Jun 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail9,48,000 shares
47.4%
Other9,48,000 shares
47.4%
Market Maker1,04,000 shares
5.2%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,40,000
HNI2 Lots (8,000 shares)
₹2,80,000

Company Promoters

Divyesh ModiKhyati Modi

Company Background

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 pillo...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹630.74 Cr
Growth-34.7%
Revenue Trend (₹ in Crores)
0.0370.4740.71.1kMar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-23630.7424.361,505.71447.83
Mar-23955.2924.551,250.93453.01
Mar-22938.4718.891,415.60757.53
Mar-21966.1419.441,459.78982.73

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-230.505.62%13.41%2.6869.43
Mar-230.535.56%11.86%00
Mar-220.447.49%8.95%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Cameo Corporate Services Limited

Allotment Finalized
Allotment Date
10 Jun 2024
Official Status
Out / Finalized
Registrar
Cameo Corporate Services Limited
Listing Date
12 Jun 2024

Official Allotment Verification Links

Official Registrar Portal
Cameo Corporate Services Limited

Direct allotment verification on the official registrar portal appointed for Magenta Lifecare. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Jun 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date12 Jun 2024Trading commences on exchange

How to Check Magenta Lifecare Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Magenta Lifecare from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Allotment FAQs & Help

About Magenta Lifecare IPO

Complete issue overview for Magenta Lifecare (MAGENTA) IPO. The issue features an equity share price band of ₹35 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,40,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions