Magson Retail and Distribution Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹65
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Magson Retail and Distribution Limited IPO
Magson Retail and Distribution Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 23 Jun 2023 and concluded on 27 Jun 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹65.
During the bidding window, Magson Retail and Distribution Limited recorded an overall subscription of 6.45 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.
The equity shares of Magson Retail and Distribution Limited officially debuted on the stock exchanges on 06 Jul 2023 at an opening listing price of ₹91.15, delivering a listing day return of +40.23% (premium) over the final issue price. As per the latest market data, the stock trades at ₹93, representing an overall gain of +43.08% since its IPO allotment.