Magenta Lifecare IPO GMP, Review, Price, Allotment


Last updated on June 12, 2024

Magenta Lifecare IPO GMP

Magenta Lifecare IPO description – Magenta Lifecare manufactures an array of foam-based products, including mattresses and pillows, under its ‘Magenta’ brand in India. Their product line features various mattresses, including memory foam, latex, bonded, and pocketed spring varieties. In addition, they offer pillows in multiple forms, including memory foam pillows, molded memory foam pillows, and molded contour foam pillows.

The company has established a distributor and dealer/retailer network spanning multiple states in India. It sells its products through offline channels, including multi-brand outlets, a network of dealers, and online e-commerce platforms. Magenta Lifecare’s manufacturing facility is located in Vadodara, Gujarat. It has an installed capacity to produce 60,000 mattresses and 70,000 pillows annually.

As of 29 May 2024, the company has a total staff strength of 41 employees, comprising both skilled and unskilled labor.

Magenta Lifecare

Promoters of Magenta Lifecare Security – Divyesh Modi, and Khyati Modi

Magenta Lifecare IPO Details

Magenta Lifecare IPO Dates5 – 7 June 2024
Magenta Lifecare Issue PriceINR 35 per share
Fresh issue20,00,000 shares (INR 7.0 crore)
Offer For SaleNIL
Total IPO size20,00,000 shares (INR 7.0 crore)
Minimum bid (lot size)4,000 shares (INR 1,40,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Magenta Lifecare Financial Performance

 FY 2021FY 2022FY 20239M FY 2024
Net income19.4418.8924.5524.36
Figures in INR Lakhs unless specified otherwise

Magenta Lifecare Offer News

Magenta Lifecare Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio66.04
RONW (%)13.605.224.71
ROCE (%)7.648.9511.86
EBITDA (%)10.8311.509.62
*Compiled by IPO Central from Prospectus

Magenta Lifecare IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
11 June 20241235,000
10 June 20241338,500
8 June 20241550,000
7 June 20242270,000
6 June 20242775,500
5 June 20242573,500
4 June 20242573,500

Magenta Lifecare IPO Subscription – Live Updates

Shares Offered9,48,0009,48,00018,96,000
7 Jun 20241188.08778.41983.24
6 Jun 202467.62186.50127.06
5 Jun 20249.4939.5024.49

The market maker reservation portion of 1,04,000 shares is not included in the above calculations.

Magenta Lifecare IPO Allotment Status

Magenta Lifecare IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.

Magenta Lifecare IPO Dates & Listing Performance

IPO Opening Date5 June 2024
IPO Closing Date7 June 2024
Finalization of Basis of Allotment10 June 2024
Initiation of refunds11 June 2024
Transfer of shares to demat accounts11 June 2024
IPO Listing Date12 June 2024
Opening Price on BSE SMEINR 45 per share (up 28.57%)
Closing Price on BSE SMEINR 47.25 per share (up 35%)

Magenta Lifecare Offer Lead Manager

B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email[email protected]

Magenta Lifecare Offer Registrar

“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700
Email: [email protected]

Magenta Lifecare Issue Contact Details

N P Patel Estate, A & T Padamla,
Vadodara – 391350, Gujarat, India
Phone: +91 7573022234
E-mail: [email protected]


What is the Magenta Lifecare offer size?

Magenta Lifecare offer size is INR 7.0 crores.

What is the Magenta Lifecare offer price band?

Magenta Lifecare public offer price is INR 35 per share.

What is the lot size of the Magenta Lifecare IPO?

Magenta Lifecare offer a lot size is 4,000 shares.

What is Magenta Lifecare IPO GMP today?

Magenta Lifecare IPO GMP today is INR 12 per share.

What is the Magenta Lifecare kostak rate today?

Magenta Lifecare kostak rate today is INR NA per application.

What is Magenta Lifecare Subject to the Sauda rate today?

Magenta Lifecare is Subject to the Sauda rate today is INR 35,000 per application.


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