Better Sleep Than Invest: Magenta Lifecare IPO Review | Apply or Avoid?

You can invest in Magenta Lifecare IPO from June 5, 2024 to June 7, 2024. It is currently open for subscription. So should you consider subscribing Magenta Lifecare Limited IPO? We recommend to not invest. This Magenta Lifecare IPO review video will provide you top reasons on it. In this Magenta Lifecare IPO analysis video we will cover points like company's financials, company's valuation, market share and much more. Subscribe to Planify for more SME IPO review videos like this.

About Magenta Lifecare IPO:

Magenta Lifecare is a mattress and pillow manufacturer based in India. They've been around since 2015 and focus on offering a variety of sleep products, including memory foam, latex, and even herbal options. Their mattresses and pillows are sold under the "Magenta" brand nationwide through different retailers. The company prioritizes affordability and customization, with a team of over 40 employees and a focus on sourcing materials domestically.

Additional Magenta Lifecare IPO Details:

Magenta Lifecare IPO price is ₹35 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹140,000. The minimum lot size investment for HNI is 2 lots (8,000 shares) amounting to ₹280,000.

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