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Magson Retail And Distribution Limited

Magson Retail And Distribution Limited

listed
₹1.30LMin. investment

Magson Retail And Distribution Limited IPO Details

Price range₹65.00 – ₹65.00
IPO type
SME
Lot size2000 shares
Issue size₹13.74Cr
RHP/DRHP
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Magson Retail And Distribution Limited Timeline

  1. Bid start
    23 Jun 2023
  2. Bid end
    27 Jun 2023
  3. Allotment
    25 Jun 2023
  4. Release of funds
    4 Jul 2023
  5. Demat transfer
    3 Jul 2023
  6. Listing
    6 Jul 2023

About Magson Retail And Distribution IPO

Incorporated in 2018, Magson Retail & Distribution Limited is engaged in the retail and distribution business of gourmet, frozen food, and specialty foods. The company has a wide range of product offerings, which it sells through its network of 26 retail outlets spread across western India.
Magson Retail & Distribution is now coming out with its initial public offer (IPO). The IPO will be a  fresh issue. The money raised through the fresh issue will be utilised towards opening new stores under the franchise model, working capital requirement and general corporate purposes.

Here are key details about the Magson Retail And Distribution IPO:

Company NameMagson Retail And Distribution  Company TypePrivate
IPO TypeSME

Checklist

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Debt to Equity ratio
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Magson Retail And Distribution Limited Contact Details

Company NameMagson Retail And Distribution Limited

How to apply for Magson Retail And Distribution Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Magson Retail And Distribution IPO FAQs