Magson Retail And Distribution Limited IPO Review & Recommendations
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June 23, 2023 - June 27, 2023
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Magson Retail and Distribution Limited IPO Review
magson retail and distribution private limited was incorporated in 2018, and was engaged in the company operating in the retail and distribution industry, focusing on selling high-quality, frozen, and specialty gourmet food products. In 2009, Mr. Rajesh Francis and Mr. Manish Pancholi brought the idea of MagSon to reality, aiming to provide customers with top-notch gourmet, frozen, and global food products. With the support and guidance of Shri Raaj Maganlal, they opened the first MagSon Store.
MRDL is dedicated to meeting the requirements of its target customers and has developed a well-defined marketing strategy to attract them. They have consistently conducted marketing campaigns through radio, newspaper ads, and social media platforms to promote their brand, MagSon.
Magson Retail and Distribution Limited Products and Services
magson retail and distribution pvt ltd products are Exotic vegetables and fruits, Frozen food vegetarian and nonvegetarian, premium cheese, and dairy products, Ambient products, imported packed products, and Imported Luxury chocolates.
Their Strengths are Unique shopping, a wide product mix, a strong distribution network, Investment in Software/ technology, and Strong Marketing Strategy. They carefully select high-quality products from trusted vendors to ensure premium quality for their brand. magson retail & distribution pvt. ltd products are then packaged and marketed by Magson. Each product under their brand is introduced after analyzing the existing market needs and the growing demand for their offerings.
Financial Overview
The company is active in a fiercely competitive and fragmented market, where numerous well-established and dominant players exist. Considering the financial performance thus far, it seems that the current valuation of the issue is fair and accurately reflects its worth. Investors might find it worthwhile to consider investing in a company with a medium to long-term outlook, especially in the post-pandemic period.
Frequently Asked Question
Magson Retail and Distribution Limited IPO share price ₹65 per share.
Minimum and maximum order quantity is 1 lot only.
Magson Retail and Distribution Limited IPO Shares will get listed at NSE SME.
Pre-issue shareholding of the Magson Retail and Distribution Limited IPO promoter is 95.89%.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Opening date of Magson Retail and Distribution Limited IPO is June 23, 2023.
If you do not get the allotment of Magson Retail and Distribution Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The face value of Magson Retail and Distribution Limited IPO is ₹10 per share.
Magson Retail and Distribution Limited IPO shares will get listed on July 06, 2023.
You will receive Magson Retail and Distribution Limited IPO shares in your Demat account on July 05, 2023, if allotted.
Lot size of the Magson Retail and Distribution Limited IPO is 2000 shares.
Closing date of Magson Retail and Distribution Limited IPO is June 27, 2023.
The meaning of "Magson Retail and Distribution Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Magson Retail and Distribution Limited IPO on the current day.
Post-issue shareholding of the Magson Retail and Distribution Limited IPO promoter is 70.06%.
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