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Macobs Technologies IPO is a book build issue of ₹19.46 crores. The issue is entirely a fresh issue of 0.26 crore shares of ₹19.46 crore.
Macobs Technologies IPO bidding started from Jul 16, 2024 and ended on Jul 19, 2024. The allotment for Macobs Technologies IPO was finalized on Jul 22, 2024. The shares got listed on NSE SME on Jul 24, 2024.
Macobs Technologies IPO price band is set at ₹75.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,13,600 (1600 shares). The minimum lot size investment for HNI is 2 lots (3,200 shares), amounting to ₹2,40,000.
SKI Capital Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is SKI Capital Services Ltd..
Refer to Macobs Technologies IPO RHP for detailed Information.
| IPO Date | July 16, 2024 to July 19, 2024 |
| Listing Date | July 24, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹71 to ₹75 per share |
| Issue Price Final | ₹75 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 25,95,200 shares (aggregating up to ₹19.46 Cr) |
| Reserved for Market Maker | 1,31,200 shares SKI Capital Services Ltd. (aggregating up to ₹0.9840 Cr) |
| Net Offered to Public | 24,64,000 shares (aggregating up to ₹18.48 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 72,00,000 shares |
| Share Holding Post Issue | 97,95,200 shares |
Macobs Technologies IPO offers total 25,95,200 shares. Out of which 7,39,200 (28.48%) allocated to QIB, 2,96,000 (11.41%) allocated to QIB, 8,62,400 (33.23%) allocated to NII, 8,62,400 (33.23%) allocated to RII and 4,43,200 (17.08%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,31,200 (5.06%) |
| QIB Shares Offered | 7,39,200 (28.48%) |
| − Anchor Investor Shares Offered | 4,43,200 (17.08%) |
| − QIB (Ex. Anchor) Shares Offered | 2,96,000 (11.41%) |
| NII (HNI) Shares Offered | 8,62,400 (33.23%) |
| Retail Shares Offered | 8,62,400 (33.23%) |
| Total Shares Offered | 25,95,200 (100.00%) |
Macobs Technologies IPO raises ₹3.32 crore from anchor investors. Macobs Technologies IPO Anchor bid date is July 15, 2024. Macobs Technologies IPO Anchor Investors list
| Bid Date | July 15, 2024 |
| Shares Offered | 4,43,200 |
| Anchor Portion Size (In Cr.) | 3.32 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 21, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 20, 2024 |
Macobs Technologies IPO opens on July 16, 2024, and closes on July 19, 2024.
| IPO Open Date | Tue, Jul 16, 2024 |
| IPO Close Date | Fri, Jul 19, 2024 |
| Tentative Allotment | Mon, Jul 22, 2024 |
| Initiation of Refunds | Tue, Jul 23, 2024 |
| Credit of Shares to Demat | Tue, Jul 23, 2024 |
| Tentative Listing Date | Wed, Jul 24, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jul 19, 2024 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,20,000 |
| Retail (Max) | 1 | 1,600 | ₹1,20,000 |
| HNI (Min) | 2 | 3,200 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Macobs Technologies Limited was founded in 2019 and offers products for male grooming.
The company offers specialized trimmers for sensitive areas, hygiene products tailored to male skin, briefs, and a variety of self-care items via its website https://menhood.in/. The company does not have physical stores or a traditional retail presence.
Competitive strengths:
The company has 15 full-time employees.
Macobs Technologies Limited's revenue increased by 39.91% and profit after tax (PAT) rose by 8.2% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,443.44 | 595.05 | 152.51 |
| Total Income | 2,074.67 | 1,482.81 | 602.30 |
| Profit After Tax | 221.27 | 204.50 | 38.89 |
| Net Worth | 720.00 | 1.00 | 1.00 |
| Reserves and Surplus | 262.77 | 243.50 | 39.00 |
| Total Borrowing | 250.14 | 107.35 | 20.84 |
| Amount in ₹ Lakhs | |||
The market capitalization of Macobs Technologies IPO is ₹73.46 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 36.06% |
| ROCE | 30.53% |
| RoNW | 22.52% |
| PAT Margin | 10.73% |
| Price to Book Value | 5.49 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.07 | 2.26 |
| P/E (x) | 24.4 | 33.2 |
The Company proposes to utilize the funds towards funding the following objects and achieve the benefits of listing on the NSE EMERGE Platform:
[Dilip Davda] The company is marketing the male grooming products on e-commerce platform and has succeeded in getting the desired results. The management is confident on improving its performance post IPO funds availability. It posted growth in its top and bottom lines for the reported periods. Based on FY24 earnings, the issue appears aggressively priced. Well-informed investors may park funds for the medium to long term. Read detail review...
| Listing Date | July 24, 2024 |
| BSE Script Code | |
| NSE Symbol | MACOBSTECH |
| ISIN | INE0R0J01010 |
| Final Issue Price | ₹75 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹75.00 |
| Open | ₹96.00 |
| Low | ₹96.00 |
| High | ₹100.80 |
| Last Trade | ₹100.80 |
Macobs Technologies Ltd.
Plot No. A-305,
Backside National Handloom Corp.
Vaishali Nagar,
Jaipur, Rajasthan, 302021
Phone: +91 8062195170
Email: compliance@macobstech.com
Website: https://macobstech.com/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Macobs Technologies IPO is a SME IPO of 25,95,200 equity shares of the face value of ₹10 aggregating up to ₹19.46 Crores. The issue is priced at ₹75 per share. The minimum order quantity is 1600.
The IPO opens on July 16, 2024, and closes on July 19, 2024.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Macobs Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Macobs Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Macobs Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Macobs Technologies IPO opens on July 16, 2024 and closes on July 19, 2024.
Macobs Technologies IPO lot size is 1600, and the minimum amount required for application is ₹1,20,000.
You can apply in Macobs Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Macobs Technologies IPO will be done on Monday, July 22, 2024, and the allotted shares will be credited to your demat account by Tuesday, July 23, 2024. Check the Macobs Technologies IPO allotment status.
The Macobs Technologies IPO listing date is on Wednesday, July 24, 2024.
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