After the subscription process, interested investors will be eyeing Magenta Lifecare IPO allotment status and whether their bids actually were successful. For the time being, the initial public offerings space is humming and investors are seeing their money generate some good returns. Considering the oversubscription that is happening in many IPOs, it appears that investors are in high spirits and expectations are positive The markets themselves have gone through some huge volatility, but that has quietened down and expectations are that they will now get back to their business-as-usual mode. So, as far as Magenta IPO allotment is concerned, all those investors who have bid money on the company would be eager to find out if they have been successful in receiving shares. The notable part was that the issue has received strong support from investors.
Notably, they can easily check the Magenta Lifecare IPO allotment status via either the BSE website or on the official registrar to the issue Cameo Corporate Services’ website. Those investors who are unsuccessful will get their money refunded on an immediate basis starting today, June 11. Successful bidders in Magenta Lifecare IPO allotment process will get to see the same in their demat accounts.
Magenta Lifecare IPO will be listed on the BSE SME platform and this is likely to be on June 12.
Check on Cameo website
Now, those who want to know how to check Magenta Lifecare IPO allotment status can do so this way on the Cameo Corporate Services registrar’s website:
a) Just go to Cameo Corporate Services website. Here is the link: You can check the Magenta Lifecare IPO allotment status at this link: https://ipo.cameoindia.com/
b) Find the tab that says ‘Company selection’
c) Click on the name of Magenta Lifecare IPO link
d) Now, you need to supply some proof. This can be in the form of your PAN, application number, DP, client ID, or account number (IFSC).
e) Submit and the details will be provided on your screen
Check on BSE website
In case you want to check your status on the Bombay Stock Exchange website, then know that the process is almost the same.
a) Go to BSE website. Here is the link: https://www.bseindia.com/investors/appli_check.aspx
b) Find Issue type tab and then click on Equity
c) Then pick the Magenta Lifecare from the Issue name tab
d) Provide proof in the form of PAN or your application number, whichever feasible.
e) Prove that you are not a ‘robot’ to the system and submit
f) Your Magenta Lifecare IPO allotment status will be revealed on the screen.
Magenta Lifecare IPO subscription details
1. IPO was subscribed over 983 times.
2. IPO received 1,86,41,24,000 share applications (offered shares were 1,896,000).
3. Magenta Lifecare IPO attracted bids worth Rs 6,524 crore.
4. Retail investors subscription totalled 778 times
5. NII subscription hit a high of 1,08,61,96,000 (offered shares 948,000). Subscription was 1145 times.
Know how to check Magenta Lifecare IPO allotment status on BSE or Cameo Corporate Services websites. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
