The Magenta Lifecare IPO minimum market lot is 4000 shares with ₹140,000 application amount. The Magenta Lifecare IPO is a SME IPO, and it is to be listed on BSE.
Magenta Lifecare is a manufacturer of foam-based products such as mattresses and pillows which are marketed under their brand “Magenta” in India. Their Product offerings include a wide range of mattresses such as memory foam, latex-based, bonded mattresses, pocketed springs, etc., and pillows such as memory foam pillows, molded memory foam pillows, molded contour foam pillows, etc. They believe that their success is attributable to the quality of products that they offer to their customers, spread across retail, hotels, and institutions. Driven by innovation, they strive to introduce new and innovative products continuously with the help of their team.
IPOWatch View
We recommend investors June apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Magenta Lifecare IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 9.43 | 66.50 | 1,145.78 |
| RII | 39.50 | 174.84 | 778.41 |
| Total | 24.49 | 120.75 | 983.19 |
Magenta Lifecare IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Magenta Lifecare IPO Review
- May Apply
Magenta Lifecare IPO Form
How to apply for the Magenta Lifecare IPO? You can apply for Magenta Lifecare IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Magenta Lifecare IPO in the Invest section. The other option is you can apply for Magenta Lifecare IPO via IPO forms downloaded online. Check out the Magenta Lifecare forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
