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Author: Sachin Gupta Published : 04 June 2024

Magenta Lifecare IPO Details

Open Date

Listing Date

Close Date

Allotment Date

12 June 24

Magenta Lifecare  IPO Date

10 June 24

07 June 24

05 June 24

Lot Size 

1000 shares

IPO Size

₹7 Cr

Price Range

₹121 per share

Min. Investment

₹140,000

Magenta Lifecare  IPO Details

1.    The company has a diversified customer base and a long-standing relationship with customers. 2.    It also has an extensive and well-developed pan-India sales and distribution network. 3.    Along with that, the company has a diversified Product portfolio. 4.    The company has a strong focus on quality. 5.    Experienced management team.

Magenta Lifecare  IPO Strengths

1.    Underutilization of manufacturing capacities can impact the business. 2.    The company operates in a highly competitive industry. 3.    It has reported negative cash flow in the past. 

Magenta Lifecare IPO Risk

How to apply for Magenta Lifecare IPO

To apply for Magenta Lifecare, follow the steps given below  • Login to your 5paisa account and select the issue in the current IPO section      • Enter the number of lots and the price at which you wish to apply for the Magenta Lifecare.      • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.     You will receive a mandate notification to block funds in your UPI app.

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Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

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