Magenta Lifecare Ltd

Magenta Life IPO

Magenta Lifecare Ltd

₹1,40,000 /4000 sharesMinimum investment

IPO details

Minimum investment
₹1,40,000
Price range
₹35 - ₹35
Lot size
4,000
Issue size
7 Cr
Face value
10

Subscription rate

Data will be available soon

Schedule

5 Jun 2024
IPO open date
7 Jun 2024
IPO close date
10 Jun 2024
Allotment date
10 Jun 2024
Funds unblock or debit
12 Jun 2024
Tentative listing date

About

We are manufacturer of foam-based product such as mattresses and pillows which is marketed under our brand "Magenta" in India. Our Product offerings include wide range of mattresses such as memory foam, latex based, bonded mattresses, pocketed spring etc. and pillows such as memory foam pillow, molded memory foam pillow, molded contour foam pillow etc. We believe that our success is attributable to the quality of products that we offer to our customers, spread across retail, hotels and institutions. ;
Parent organisation
Magenta Lifecare Ltd

Magenta Life Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
9.659.249.07202120222023

Strengths & Risks

Strengths
Risks
Increase brand awareness and Equity to Acquire New Customers.
Drive Continued Operational Excellence.
Continue to focus on development of personalized products.
Enhance customer base by entering new geographies.
If the company is unable to anticipate or respond to changing consumer preferences and trends pertaining to its products and foam industry in a timely and effective manner, the demand for its products may decline, which may have an adverse effect on its business, results of operations and financial condition.
Its may be unable to implement new technologies for the company's business operations in a timely and cost-effective manner, or at all, which could adversely affect its business, results of operations, cash flows and financial condition.
Its may be unable to obtain, renew or maintain statutory and regulatory permits, licenses and approvals required to operate its business and operate its manufacturing facilities, which could result in an adverse effect on its results of operations.
The company does not own its registered office and factory office from which the company carry out itsr business activities.

Application details

For Magenta Life IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹35 - ₹35₹2 - ₹5 Lakhs4000
High Networth Individual₹35 - ₹35₹2 - ₹5 Lakhs4000

Frequently Asked Questions