Magenta Lifecare IPO

Magenta Lifecare announces an IPO with 20,00,000 shares worth INR 7 cr to fund working capital and general corporate purposes.

Important Details

Open Date : June 5, 2024 Close Date : June 7, 2024 Allotment Date: June 10, 2024 Listing Date: June 12, 2024

Important Details

IPO Price: INR 35 per share Lot Size: 4000 Shares Total Issue Size: INR 7 crores

Fundamental Analysis

Magenta Lifecare Ltd financial analysis shows mixed results: 1. Revenue decreased & Equity grew,Reduced reliance on debt. 2. Improved profitability and EPS,Weakened RoNW and liquidity. 3. Inventory turnover ratio suggests slower sales or inefficiencies.

Peer Comparison

Magenta Lifecare Limited: Modest revenue, equity, and profitability. Sheela Foam Limited: Leads significantly in all financial metrics. Tirupati Foam Limited: Positioned between Sheela Foam and Magenta Lifecare, indicating market hierarchy.


Magenta Lifecare Ltd main objective is to  Fund working capital requirements.

Risks And Challenges

Magenta Lifecare Ltd Risks: 1. Adapting to changing consumer preferences. 2. Integrating emerging technologies & Securing permits efficiently. 3. Risks of delays or non-compliance impacting competitiveness and financial stability.