Magicpin IPO GMP, Open Date, Price Band, Allotment Status, DRHP

Magicpin IPO open date is expected by the mid of July 2025 (Tentative). This new IPO is a book-built issue of Rs 1500 crore. This upcoming IPO is likely to be a combination of offer-for sale. The fresh issue would be of Rs 1200 crore and remaining Rs 300 crore could be offer -for-sale. However, after the DRHP filing the issue size will be confirmed.

Magicpin IPO price band details are yet to be announced. As of now, Magicpin IPO GMP quotation has not yet started. Live IPO Grey Market Premium details will be visible online.

Magicpin IPO allotment status is expected to get finalised by the mid of July 2025. The lot size details are yet to be announced. The minimum investment for the retail investors for 1 lot is expected to be around Rs 14,600. The registrar for the Magicpin IPO is likely to be Bigshare Services Private Limited or Kfin Technologies Limited. The listing date is also expected in the third week of July 2025.

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Magicpin IPO GMP

The Magicpin IPO GMP has not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Magicpin IPO GMP might rise in the coming days. 

Magicpin IPO Price Band

Magicpin IPO price band is yet to be announced. The final price band and lot size details are yet to be finalised. The minimum amount of investment for the retail category is to be around Rs 14,600 and for small NII minimum investment is to be around Rs 2,09,100. The minimum investment for the Big NII is to be around Rs 10,01,500.

Magicpin IPO Open Date, Close Date

Magicpin IPO open date is expected by the mid of July 2025 (Tentative). However, these dates are tentative as per the information available from the market sources and can be changed in future. 

Magicpin IPO Allotment Status

Magicpin IPO allotment status is expected to be finalized in the first week of July 2025. The listing will be on the BSE and NSE platforms in the third week of July 2025. The registrar of this IPO is likely to be Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

Magicpin IPO Listing Date

Magicpin IPO's listing date is expected in the third week of July 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Magicpin IPO: Listing Date, Lot Size, Price Band

Magicpin Limited: About the Company

Magicpin was incorporated in 2015, a platform that connects local merchants to customers focusing on hyperlocal discovery and rewards. 

The company operates as a discovery platform where users can find offers, deals and discounts from local businesses like restaurants, grocery stores, fashion outlets, beauty salons etc. 

Magicpin operates in India and has been expanding its footprint in multiple cities. It bridges the gap between online users and offline businesses, making it a key player in the hyperlocal commerce ecosystems.

The platform operates primarily in India and has been expanding its footprint in multiple cities. It bridges the gap between online users and offline businesses, making it a key player in the hyperlocal commerce ecosystem. 

Magicpin IPO Objectives

The funds raised from the Magicpin IPO will be used for expanding the business in many other cities. Also funds will be used for meeting the working capital needs and fulfilling the general corporate purposes. 

Magicpin IPO: Key Dates, Allotment, Listing Date

Magicpin IPO Subscription Status, IPO Reservation

Magicpin IPO subscription status will be available after the IPO opens in the mid week of July 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Magicpin IPO Lot Size Details

Magicpin IPO lot size is yet to be announced. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,600 and the maximum is 13 lots, amounting to be around Rs 1,94,300. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,09,100.

Magicpin IPO Promoter Holdings

Magicpin IPO promoters are Anshoo Sharma, Brij Bhushan, Naman Mawandia, Lightspeed Venture Partners and Zomato. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline. 

Magicpin IPO Registrar

Magicpin IPO registrar is expected to be Bigshare Services Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Magicpin IPO Lead Managers

Magicpin IPO lead managers are yet to be announced.

How to apply to Magicpin IPO

Interested investors can apply to the Magicpin IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Magicpin IPO Review

Magicpin IPO may get a positive response from the general public. The company is involved in the tech business. So, investors interested in the IT sector can apply to this IPO. 

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Magicpin IPO GMP will also rise. 

Magicpin IPO FAQ

1. What are the details of the Magicpin IPO?

Magicpin IPO is a book-built issue of Rs 1500 crore. This upcoming IPO is likely to be a combination of offer-for sale. The fresh issue would be of Rs 1200 crore and remaining Rs 300 crore could be offer -for-sale. However, after the DRHP filing the issue size will be confirmed.

2. When will the Magicpin IPO open and close?

Magicpin IPO open date is expected by the mid of July 2025 (Tentative). However, these dates are tentative as per the information available from the market sources and can be changed in future. 

3. What is Magicpin IPO GMP?

The Magicpin IPO GMP has not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Magicpin IPO GMP might rise in the coming days.

4. What are the details of Magicpin IPO Subscription Status?

Magicpin IPO subscription status will be available after the IPO opens in the mid week of July 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status?

Magicpin IPO allotment status is expected to be finalized in the first week of July 2025. The listing will be on the BSE and NSE platforms in the third week of July 2025. The registrar of this IPO is likely to be Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

6. Who is the registrar and lead managers for Magicpin IPO?

Magicpin IPO registrar is expected to be Bigshare Services Private Limited or Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers details are yet to be announced.

Also Read:

• What is DRHP?
• What is IPO GMP?
• What is IPO?