The Magson Retail And Distribution IPO has begun on 23 June 2023. It will close on 27 June 2023. The Total IPO Size is 13.74 Crore. The company set its IPO price is 65 Rs Per Share. Basically, There are two basic categories in Magson Retail And Distribution IPO Subscription 1) NII 2) Retail Individual Investors (RIIs) 3) QIB.
Magson Retail And Distribution is established in 2018.
Magson Retail And Distribution is an engaged in the business retail and Distribution business of gourmet, frozen food and speciality foods.
Company has its corporate office located in Ahmedabad, Gujarat.
The company operates 26 retail stores/outlets of which 16 are operated by the company and 7 are operated by franchise owners and 3 stores are operated under 2 joint ventures, MRDL operates all its stores under the registered brand name “MagSon”.
Following is the Detail about the companies retail and distribution business.
1) Retail Business :
2) Business under own Brand RF Gourmet
3) Distribution Business
4) Product Offerings
Check :- Upcoming SME IPO 2023
Peers
1) There are unable to identify the direct listed peers.
Magson Retail And Distribution IPO Promotors
| Name of the Promoter | No. of Shares held | Average cost of Acquisition (in ₹ ) |
| Rajesh Emmanuel Francis | 8,37,100 | Negligible |
| Mr. Manish Shivnarayan Pancholi | 8,37,100 | Negligible |
| Total Pre Issue | 16,74,200 (29.19%) | |
Magson Retail And Distribution IPO Date, Details & Price Band
| IPO Opening Dates | 23 June 2023 |
| IPO Closing Dates | 27 June 2023 |
| Price Band | 65 Rs Per Share |
| Fresh issue | 13.74 Crore |
| Total IPO size | 13.74 Crore |
| Minimum bid (lot size) | 2000 Shares |
| Face Value | 10 INR Per Share |
| NII | 50% |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Magson Retail And Distribution IPO Market Lot
The Magson Retail And Distribution IPO minimum market lot is 2000 shares With 1,30,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 2000 | 1,30,000 Rs |
| Maximum | 1 | 2000 | 1,30,000 Rs |
| S-HNI (Min) | 2 | 4000 | 2,60,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-20 | 833.45 | 3,241.22 | 166.31 |
| 31-Mar-21 | 1,283.84 | 5,358.92 | 181.75 |
| 31-Mar-22 | 1,494.69 | 5,566.77 | 223.36 |
| EPS (₹) | NAV (₹) | RoNW (%) | borrowings (Lakhs) | |
| 31-Mar-20 | 3.02 | 169.04 | 98.38 | 354.00 |
| 31-Mar-21 | 3.30 | 350.80 | 51.81 | 386.60 |
| 31-Mar-22 | 4.06 | 574.06 | 38.91 | 344.72 |
Magson Retail And Distribution IPO GMP Grey Market Premium
Magson Retail And Distribution IPO GMP Grey market premium has been started today. Check Latest Magson Retail And Distribution IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Magson Retail And Distribution IPO Prospectus
| DRHP | Download |
Magson Retail And Distribution IPO Reviews (Avoid)
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Magson Retail And Distribution IPO Form Download
Magson Retail And Distribution IPO is available on NSE Website as well as on our Portal. Please click here Magson Retail And Distribution IPO form Download.
Magson Retail And Distribution IPO Allotment Date & Details
| Allotment Date | 03 July 2023 |
| Initiation of refunds | 04 July 2023 |
| Transfer of shares to Demat accounts | 05 July 2023 |
| Listing Date | 06 July 2023 |
| Check Allotment Status | Click here |
Registrar of Magson Retail And Distribution IPO
BIGSHARE SERVICES PVT. LTD.
1st Floor, Bharat Tin Works Building, Opp. Oasis, Makwana Road, Marol, Andheri East,
Mumbai – 400 059
Tel No.: +91 – 22 – 62638200 Fax: +91 22 62638299
Email:[email protected]; Website: www.bigshareonline.com
Investor Grievance Email: [email protected]
Contact Person: Mr. Babu Rapheal
SEBI Registration No.: INR000001385
Magson Retail And Distribution Contact Details
Magson Retail And Distribution Limited
204-B, Primate Complex, Opp. Mother Milk Palace,
Nr. Judges Bungalows Cross Roads,
Bodakdev, Ahmedabad – 380015
Phone: +91 9978607507
Email: [email protected]
Website: https://www.magson.in/#
Magson Retail And Distribution IPO Lead Managers
ISK ADVISORS PRIVATE LIMITED
501, A. N. Chambers, 130, Turner Road, Bandra West, Mumbai-400 050
Tel No.: +91 – 22 – 26431002
Email: [email protected]
Website: www.iskadvisors.com
Investor Grievance Email: [email protected]
Contact Person: Mr. Ronak I. Kadri
SEBI Registration No. INM000012625