Magenta Lifecare Limited IPO Allotment Status
The allotment date for the Magenta Lifecare IPO is set for June 10, 2024, with shares priced at a range of ₹35 per share and a face value of ₹10. The offering consists of lots of 4000 shares, with bids accepted for these lots or their multiples.
Magenta Lifecare Limited IPO Allotment Status Check
To ascertain their allocation status for the Magenta Lifecare Limited IPO, investors can easily navigate through the steps provided on either the BSE platform or the IPO registrar Cameo Corporate Services website.
IPO Allotment Status BSE
Here are steps to check Magenta Lifecare Limited IPO allotment status on BSE website
Step 1: Visit BSE website
Step 2: Select ‘Equity’ under the Issue Type
Step 3: Choose Magenta Lifecare Limited from the drop-down menu
Step 4: Enter Application No or PAN
Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”
Steps to check Magenta Lifecare Limited IPO allotment status on Cameo Corporate Services website
Step 1: Visit IPO registrar website – Cameo Corporate Services
Step 2: Select ‘Magenta Lifecare’ from the Select Company dropdown menu
Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC
Step 4: Enter the details as per the option selected
Step 5: Hit the Submit button
Your Magenta Lifecare IPO allotment status will be reflected on the screen.
Magenta Lifecare Limited IPO GMP Today
The Magenta Lifecare Limited IPO GMP (Grey Market Premium) is ₹16 as of June 7.
Magenta Lifecare Limited IPO Subscription Status
As of day 3, the Magenta Lifecare IPO was massively oversubscribed at 974.69 times, with the retail portion at 762.20 times and NII at 1,145 times. The company has received bids for nearly 1.85 billion shares against just 1.9 million offered.
Magenta Lifecare Limited IPO Details
The Magenta Lifecare IPO aims to raise ₹7 crore through the issuance of 2 million equity shares priced at a face value of ₹10 each, without any offer-for-sale component. The proceeds are designated for working capital needs and general corporate purposes. Fedex Securities manages the IPO, with Cameo Corporate Services as registrar and Sunflower Broking as the market maker.