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Magson Retail And Distribution Limited

Magson Retail And Distribution Limited

smelisted
Registrar: Bigshare Services Pvt Ltd · Listing 2023-07-06
IPO Timeline
Today · 20 Oct 2026
Opens
23 Jun 2023
Closes
27 Jun 2023
Allotment
25 Jun 2023
Refund
04 Jul 2023
Demat
03 Jul 2023
Listing
06 Jul 2023
Price Band
₹65–65
GMP
₹0
0%
Lot Size
2000 Shares
Min ₹130,000
Subscription
0x
Issue Size
₹13.74 Cr
Open
2023-06-23
Close
2023-06-27
Listing
2023-07-06

About the company

## **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 Name| Magson Retail And Distribution |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 06 Jul 2023
      Listed 1202 days ago
      1. IPO Opens

        Completed
        23 Jun 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        27 Jun 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        25 Jun 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        04 Jul 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        03 Jul 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        06 Jul 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      2000 shares
      Price / Share (upper)
      ₹65
      Min Investment (1 lot)
      ₹130,000
      Price Band
      ₹65–65
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      2000
      Min amount
      ₹130,000
      Max amount
      ₹130,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      4000
      Min amount
      ₹260,000
      Max amount
      ₹260,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹6.87 Cr
      Shares offered
      1,056,923
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹2.06 Cr
      Shares offered
      317,077
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹4.81 Cr
      Shares offered
      739,846
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).