About Magenta Lifecare Ltd
Magenta Lifecare Limited operates in the household furnishings market, focusing on producing and selling mattresses and pillows across India. It holds the unique distinction of being the first company in India to manufacture mattresses using CertiPUR-US certified foam for quality assurance. The company's business conduct policy emphasizes operating in an honest, transparent, and ethical way, which includes avoiding corruption. Its operating businesses are structured as strategic units, managed separately based on the different products and services offered to various markets. The directors are actively seeking new avenues for the company's future growth and are optimistic about achieving more expansion ahead. Signifying strong investor belief, the company's successful Initial Public Offer was oversubscribed by 983.19 times, leading to a substantial listing gain.;
| Parent Organisation | Magenta Lifecare Ltd |
| Managing Director | Divyesh Vipinchandra Modi |
| Founded | 2015 |
| BSE Symbol | 544188 |