Magson Retail and Distribution Limited IPO
Magson Retail and Distribution Limited was a SME IPO in the Diversified Retail sector, offered at ₹65–₹65 per share to raise ₹14 crore. It listed on 6 Jul 2023 at ₹91 and closed its first day at ₹96, a listing gain of +47.2% versus the ₹65 issue price.
Frequently asked questions
- What were the Magson Retail and Distribution Limited IPO listing gains?
- Magson Retail and Distribution Limited listed on 6 Jul 2023 at ₹91, closing its first day at ₹96 — a listing gain of +47.2% versus the ₹65 issue price.
- What was the price band and lot size of the Magson Retail and Distribution Limited IPO?
- The price band was ₹65–₹65 per share, with a minimum lot of 2,000 shares (₹1,30,000 at the upper band).
- Who were the registrar and lead manager for the Magson Retail and Distribution Limited IPO?
- Bigshare Services Pvt. Ltd. was the registrar, and ISK Advisors was the book-running lead manager.