Magenta Lifecare Limited
ListedSMEConsumer Goods · BSE
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.
Price Band
₹35
Issue Size
₹7.00 Cr
Lot Size
4000 shares
GMP
₹15
+42.9%
Est. Listing
₹50
at current GMP
Subscribed
983.24x
overall
Open
5 Jun 2024
Close
7 Jun 2024
Allotment
10 Jun 2024
Refund
11 Jun 2024
Demat Credit
12 Jun 2024
Listing
12 Jun 2024
Last updated 11 months ago
Official Registrar Verification
Magenta Lifecare Limited Allotment Status
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
10 Jun 2024
Basis finalization
Refunds Initiate
11 Jun 2024
Mandate release
Demat Credit
12 Jun 2024
Shares in demat
Listing Debut
12 Jun 2024
Trading begins
How to Check Magenta Lifecare Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Cameo Corporate Services Limited's allotment portal.
- Select Magenta Lifecare Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Magenta Lifecare Limited Public Issue & Market Profile
Magenta Lifecare Limited is bringing an initial public offering (IPO) in the Consumer Goods sector with an aggregate issue size of ₹7 Crores. The shares are offered at a price band of ₹35 to ₹35 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-12, while un-allotted funds or UPI block mandates will be released on 2024-06-11.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.