Magson Retail and Distribution Limited

Magson Retail and Distribution Limited

SMEClosed

₹1,30,000(2,000 Shares)

Minimum Investment

IPO Dates

Jun 23, 2023 – Jun 27, 2023

Price Band

₹65–65 per equity share

Lot Size

2000

Listing

Jul 6, 2023

Listing At

NSE SME

Jun 23, 2023Open DateCompleted
Jun 27, 2023Close DateCompleted
TBAAllotment DateUpcoming
Jul 6, 2023Listing DateCompleted

Magson Retail and Distribution Limited Live Subscription Details

All IPOs
Retail7.33x
QIB / NII6.19x

Overall Subscription

Total Bids Received

6.76x

Magson Retail and Distribution Limited IPO Issue Details

Issue Price
₹65 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Jul 6, 2023

Company Information

Magson Retail & Distribution Limited is engaged in the retail and distribution business of gourmet, frozen food, and specialty foods.Magson Retail & Distribution's product category includes:Frozen foo...

Valuations

RoNW

35.20%

Objectives of the Issue

  1. 1To set up new organizations and stores under a franchise model & tie up with major suppliers
  2. 2Working Capital Requirement
  3. 3General Corporate Purpose

Magson Retail and Distribution Limited – Promoter(s)

Mr. Rajesh Emmanuel Francis
Mr. Manish Shivnarayan Pancholi

Contact Details

Magson Retail and Distribution Limited IPO Documents

Frequently Asked Questions — Magson Retail and Distribution Limited IPO

The Magson Retail and Distribution Limited IPO price band is set at ₹65.00 to ₹65.00 per equity share.

The lot size for Magson Retail and Distribution Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,30,000.

The Magson Retail and Distribution Limited IPO opens on Jun 23, 2023 and closes on Jun 27, 2023.

Magson Retail and Distribution Limited IPO is expected to be listed on Jul 6, 2023 on NSE SME.

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