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magenta lifecare ltd

Magenta Lifecare Ltd

Issue
Opens On	Closes On
05-Jun-24	07-Jun-24

Money Payable On
Application	Allotment
35.00	0.00

Minimum Application for shares in Nos : 4000 Further Multiples of : 4000

Lead Managers to the Issue
Project Cost (₹.Cr)	5.98	Fedex Securities Pvt Ltd
Project Financed through Current Offer (₹.Cr)	7.00
Post Issue Equity Share Capital (₹.Cr)	6.87
Issue Price (₹)	35.00

Projects

Funding its Working Capital Requirements

General Corporare Purposes

Promoted By

Divyesh Modi

Khyati Modi

Listing At

BSE - SME

Registrar to the Issue

No Data Available

Registered Office: N P Patel Estate,A & T Padamla, Vadodara - 391350, Gujarat, India. Phone : +91 75730 22234 Fax:
Email : info@magentalifecare.com
Website :https://www.magentamattresses.com

Initial public issue* of 20,00,000 equity shares of face value Rs. 10/- each ("Equity Shares") of Magenta Lifecare Limited ("The Company" or the "Issuer") for cash at a price of Rs. 35 per equity share (including a securities premium of Rs. 25 per equity share) ("Issue Price"), aggregating up to Rs. 7.00 crores (the "Issue"). 1,04,000 equity shares aggregating to Rs. 0.36 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 18,96,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 35 per equity share aggregating to Rs. 6.64 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.11 % and 27.60 % respectively of the post-issue paid-up equity share capital of the company. *Subject to finalisation of basis of allotment The face value of the equity shares is Rs. 10/- each and the issue price is 3.5 times of the face value.