
Retail & Consumer Goods · NSE
Magson Retail & Distribution Limited, incorporated in 2018, is engaged in the retail and distribution of gourmet, frozen, and specialty foods. The company’s product portfolio includes frozen vegetarian and non-vegetarian foods, premium cheese and dairy products, exotic fruits and vegetables, ambient products, imported/luxury chocolates, and imported packed products. MRDL operates 26 retail outlets under its registered brand “MagSon,” including 16 company-operated stores, 7 franchise-owned stores, and 3 joint venture stores, primarily located across Western India in cities like Ahmedabad, Surat, Vadodara, Thane, Udaipur, Gandhinagar, Rajkot, Jamnagar, and Gandhidham, covering over 30,000 sq. ft. of retail space with more than 3,000 SKUs. The company manages its inventory from a 14,000+ sq. ft. warehouse in Ahmedabad and procures 75% of products directly from manufacturers, ensuring higher margins. In December 2021, Magson launched its own brand, Rf Gourmet, offering premium products such as French fries, Chilli Garlic Potato Shots, Veggie Burger Tikki, Chicken Seekh Kababs, and more.
Price Band
₹65
Issue Size
₹13.74 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹65
at current GMP
Subscribed
6.79x
overall
Open
23 Jun 2023
Close
27 Jun 2023
Allotment
3 Jul 2023
Refund
4 Jul 2023
Demat Credit
5 Jul 2023
Listing
6 Jul 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹65
Band: ₹65
Estimated Listing Price
₹65
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,30,000
Estimated Profit / Lot
₹0
2000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹65 |
| 30 Oct 2026 | — | 0.0% | ₹65 |
| 29 Oct 2026 | — | 0.0% | ₹65 |
GMP is unofficial market data. Not a guarantee of listing performance.
Magson Retail And Distribution Limited is bringing an initial public offering (IPO) in the Retail & Consumer Goods sector with an aggregate issue size of ₹13.74 Crores. The shares are offered at a price band of ₹65 to ₹65 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-06-27, the basis of allotment is scheduled to be finalized on 2023-07-03. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Magson Retail And Distribution Limited IPO is ₹0, which indicates an expected listing price of ₹65.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.