Magenta Lifecare IPO Allotment Status Online : Magenta Lifecare IPO is Open on June 5, 2024 and Close on June 7, 2024. Magenta Lifecare IPO to Raise 2,000,000 shares (Approx ₹7.00 Cr) via IPO. The Fresh Issue of 2,000,000 shares (Approx ₹7.00 Cr) Equity Shares of ₹10.
- The Retail Quota Is 50%
- QIB Is -%
- HNI Is 50%.
Magenta Lifecare IPO Basis of Allotment Status on 10 June, 2024. Magenta Lifecare IPO Refund Date is 11 June 2024 and Magenta Lifecare IPO Credit to Demat on 11 June 2024.
Also Read: Magenta Lifecare IPO Details Today, GMP Price, Date, Review
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Moneymintidea | IPO Allotment Status Link |
About –
Magenta Lifecare Are Manufacturer Of Foam-Based Product Such As Mattresses And Pillows Which Is Marketed Under Our Brand “Magenta” In India. Our Product Offerings Include Wide Range Of Mattresses Such As Memory Foam, Latex Based, Bonded Mattresses, Pocketed Spring Etc. And Pillows Such As Memory Foam Pillow, Molded Memory Foam Pillow, Molded Contour Foam Pillow Etc.
We Believe That Our Success Is Attributable To The Quality Of Products That We Offer To Our Customers, Spread Across Retail, Hotels And Institutions. Driven By Innovation, We Strive To Introduce New Andinnovative Products On A Continuous Basis With The Help Of Our Team. For Instance, We Have Introduced Green Tea And Bamboo Charcoal Based Herbal Mattress And Pet Bed Mattresses In Our Range Of Products. Further, We Are Also Supply Processed Raw Foam And Adjustable Bed Frame (Hydraulic Bed) Which We Import Under Our Brand Magenta.
We Believe That Our Product Offering Is Across The Section Of The Society From Value-Added Product To Premium Segment. Our Thoughtfully-Designed Products Provide Comfort, With Ergonomic Design, Thermal Comfort, Pressure Relief, Motion Isolation, Easy Position Realignment, And Long-Term Durability.
We Believe That Our Products Are Designed To Support, Comfort, And Cool The Body, Leading To Better-Quality Sleep. We Believe That We Offer Mattresses With The Diverse Customization Options In Terms Of Fabric, Shape, Firmness, Material, Height, Foam Type & Density, Personalization, Utility And Structure. We Have Developed Distributor And Dealer/Retailer Network Across Multiple States In India.
We Sell Our Products Through Offline Channel Of Multi Brand Outlet And Through A Network Of Dealers And Also Through Online E-Commerce Platform. Our Distributors Are Appointed Region Wise. We Are Capable Of Manufacturing Both Standardized As Well As Customized Products. Our Manufacturing Facility Is Located At N P Patel Estate, A & T Padamla, Vadodara-391350, Gujarat, India. Our Installed Capacity Formanufacturing Of Mattresses Is Currently At 60,000 Nos. And 70,000 Nos. Of Pillows.