Ipo Synopsis

N P Patel Estate,A & T Padamla,

Vadodara - 391350,

Gujarat, India.

Email :  

Website :  

Initial public issue* of 20,00,000 equity shares of face value (Rs) 10/- each ("Equity Shares") of Magenta Lifecare Limited ("The Company" or the "Issuer") for cash at a price of (Rs) 35 per equity share (including a securities premium of (Rs) 25 per equity share) ("Issue Price"), aggregating up to (Rs) 7.00 crores (the "Issue"). 1,04,000 equity shares aggregating to (Rs) 0.36 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 18,96,000 equity shares of face value of (Rs) 10/- each at an issue price of (Rs) 35 per equity share aggregating to (Rs) 6.64 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.11 % and 27.60 % respectively of the post-issue paid-up equity share capital of the company. *Subject to finalisation of basis of allotment The face value of the equity shares is (Rs) 10/- each and the issue price is 3.5 times of the face value.

Minimum Application for shares in Nos : 4000   Further Multiples of : 4000