Magson Retail And Distribution Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹65 - ₹65
- Lot size
- 2,000 shares
- Issue amount
- ₹13.74 cr
- Total subscription
- 6.79×
- Opens
- 23 Jun 2023
- Closes
- 27 Jun 2023
- Allotment
- 3 Jul 2023
- Listing
- 6 Jul 2023
Offer at a glance
Issue overview
- Issue size
- 21,14,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,30,000
- Fresh issue
- ₹13.74 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,30,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 57,36,000
- Shares after issue
- 78,50,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,30,000 |
| HNI | 2 | 4,000 | ₹2,60,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 6.53 | 48.14 |
| NIB | 6.53 | 40.43 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 4.96 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 27.19 |
| PRE IPO(PE) | 20.25 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Magson Retail & Distribution Limited, incorporated in 2018, is engaged in the retail and distribution of gourmet, frozen, and specialty foods. The company’s product portfolio includes frozen vegetarian and non-vegetarian foods, premium cheese and dairy products, exotic fruits and vegetables, ambient products, imported/luxury chocolates, and imported packed products. MRDL operates 26 retail outlets under its registered brand “MagSon,” including 16 company-operated stores, 7 franchise-owned stores, and 3 joint venture stores, primarily located across Western India in cities like Ahmedabad, Surat, Vadodara, Thane, Udaipur, Gandhinagar, Rajkot, Jamnagar, and Gandhidham, covering over 30,000 sq. ft. of retail space with more than 3,000 SKUs. The company manages its inventory from a 14,000+ sq. ft. warehouse in Ahmedabad and procures 75% of products directly from manufacturers, ensuring higher margins. In December 2021, Magson launched its own brand, Rf Gourmet, offering premium products such as French fries, Chilli Garlic Potato Shots, Veggie Burger Tikki, Chicken Seekh Kababs, and more.
Promoters
Mr. Rajesh Emmanuel Francis
Mr. Manish Shivnarayan Pancholi
Registrar & documents
Lead manager
Isk Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
204-B, Primate Complex, Opp. Mother Milk Palace, Nr. Judges Bungalows Cross Roads, Bodakdev, Ahmedabad - 380015
+91 9978607507
[email protected]Company website ↗Understanding MAGSON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.