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June 23, 2023 - June 27, 2023

Magson IPO FAQ

Magson IPO Date & Price

The Magson IPO opens on June 23, 2023 and closes on June 27, 2023.

Magson IPO timetable / schedule is as below:
  • Bid/Offer Opens On: June 23, 2023
  • Bid/Offer Closes On: June 27, 2023
  • Finalization of Basis of Allotment: July 3, 2023
  • Initiation of refunds: July 4, 2023
  • Credit of Equity Shares: July 5, 2023
  • Listing Date: July 6, 2023

Magson IPO price is set at ₹65 per equity share.

Magson IPO will close for subscription at 5 PM on June 27, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Magson IPO starts on June 23, 2023. The issue ends on June 27, 2023.

Magson IPO Issue Size and Subscription Status

The Magson IPO size is 2114000 Equity Shares of ₹10 aggregating up to ₹13.74 Cr.

Magson Retail And Distribution Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Magson IPO shares through the banks (using ASBA) or through the broker (using UPI).

Magson IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,004,000 Shares
Retail Individual Investor (RII)1,004,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,008,000 Shares

Magson IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)6.09 times times
Retail Individual Investor (RII)7.38 times times
Employee Reservations times
Other Reservations times
Total Issue Size6.74 times times

Click here to check the Magson IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Magson IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Magson IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Magson IPO Allotment and Listing

The Magson IPO allot status will be available online on July 3, 2023. Check the Magson IPO Allotment Status here.

Click here to check Magson IPO Allotment Status.

Magson IPO listing Date is July 6, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Magson IPO listing date and time is published by the exchange in a circular.

Click here to view the Magson IPO Basis of Allotment.

It is hard to say at what price Magson IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Magson IPO shares will list on July 6, 2023 at NSE SME.

Magson IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Magson IPO which could help you with questions like Magson IPO buy or not? You should also read Magson IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Magson IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Magson IPO performance. The performance reports are available 1 day after listing.