
## **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|
Bidding starts for all investor categories
Last day to place your bid
Share allotment finalised
Refunds credited for non-allottees
Allotted shares credited to demat account
Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹130,000 | 1 | ₹130,000 | 1 lot only |
| HNI | 2 | 4000 | ₹260,000 | 2 | ₹260,000 | Min 2 lots |
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,056,923 | 6.87 | 0 | 0.00x | 100% |
| NII | 15% | 317,077 | 2.06 | 0 | 0.00x | 100% |
| Retail | 35% | 739,846 | 4.81 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).