Magma Fincorp Limited IPO – GMP, Review, Share Price, Subscription, and Details

1.Magma Fincorp Limited IPO Overview

The initial public offering (IPO) of Magma Fincorp Limited is a public issue under the Mainboard board. The subscription window is scheduled to open on Apr 8, 2019 and close on Apr 30, 2019, with the price band fixed at ₹1000 per equity share.

2.Issue Details at a Glance

3.Bidding, Allotment & Listing Timeline

• Bidding opens: Apr 8, 2019
• Bidding closes: Apr 30, 2019
• Allotment date: TBA
• Listing date: 2019-05-09
• Minimum investment: TBA

4.Magma Fincorp Limited IPO GMP Today

No grey market premium has been recorded for Magma Fincorp Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for Magma Fincorp Limited IPO

1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
2. 2Search for "Magma Fincorp Limited IPO" and select it from the list of current issues.
3. 3Choose your demat account and enter your bid quantity in multiples of the —-share lot, at a price within the ₹1000 band (or bid at cut-off, if eligible).
4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2019-05-09 on BSE and NSE. Once finalised, check your status on the Magma Fincorp Limited IPO allotment status page.

6.How to Track Subscription & Allotment

• Live subscription: Track QIB, NII and retail bidding on the IPO subscription status page
• Allotment status: Check your application on the IPO allotment status page
• Full IPO details: See dates, lot size, reservation and financials on the Magma Fincorp Limited IPO page
• More issues: Browse current IPOs, upcoming IPOs and the IPO event calendar

7.Conclusion

Magma Fincorp Limited opens on Apr 8, 2019 and closes on Apr 30, 2019 at ₹1000 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.