Macobs Technologies IPO will open for subscription from 16 July 2024. The company aims for an issue size of ₹19.46 Cr through this IPO.
Company Overview
| Full name | Macobs Technologies Limited |
| Sector | Information Technology |
| Industry | E-Commerce |
| Company Website | https://macobstech.com/ |
About Company
Macobs Technologies operates within the male grooming industry, specializing in below-the-belt grooming. The company conducts its business exclusively through e-commerce channels, including its website https://menhood.in/, without maintaining physical stores or a traditional retail footprint. The company offers a range of products specifically designed for men’s grooming needs, including specialized trimmers for sensitive areas, hygiene products tailored for male skin, and various self-care items. The company has a qualified and professional employee base of 15 full-time employees.
The Objectives of the Issue
- Customer Acquisition – Marketing & Awareness
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the company;
- Working Capital Requirements;
- General corporate purposes; and
- To meet the Issue expenses.
Macobs Technologies IPO Timetable
| IPO Opening date | 16 July 2024 |
| IPO Closing | 19 July 2024 |
| Basis of Allotment | 22 July 2024 |
| Initiation Refund | 23 July 2024 |
| Credit to Demat Account | 23 July 2024 |
| Listing Date | 24 July 2024 |
Macobs Technologies IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹19.46 Cr – 2,595,200 shares |
| Fresh Issue | ₹19.46 Cr – 2,595,200 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹71 to ₹75 per share |
| Lot size | 1600 Shares |
| Market Maker portion | 131,200 shares |
| Shareholding pre-issue | 7,200,000 |
| Shareholding post-issue | 9,795,200 |
| Listing Exchange | NSE SME |
Macobs Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| HNI (Min) | 2 | 3,200 | ₹240,000 |
Macobs Technologies Offer Documents
Macobs Technologies Offer Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 443,200 (17.08%) |
| Market Maker Shares Offered | 131,200 (5.06%) |
| QIB Shares Offered | 296,000 (11.41%) |
| NII (HNI) Shares Offered | 862,400 (33.23%) |
| Retail Shares Offered | 862,400 (33.23%) |
| Total Shares Offered | 2,595,200 (100%) |
Macobs Technologies Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 6.01 | 14.78 | 20.62 |
| Expenses | 5.49 | 12.09 | 17.76 |
| Net income | 0.39 | 2.05 | 2.21 |
Macobs Technologies Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.78 | 4.10 | 4.43 |
| PE ratio | – | – | 16.03 – 16.93 |
| RONW (%) | 97.23 | 83.64 | 22.52 |
| NAV | 0.56 | 3.40 | 13.65 |
| ROCE (%) | 96.30 | 106.02 | 30.53 |
| EBITDA (%) | 9.38 | 19.32 | 16.55 |
| Debt/Equity | 0.52 | 0.44 | 0.25 |
Company Promoters
- Shivam Bhateja
- Dushyant Gandotra
- Divya Gandotra
Promoter Holding
| Pre Issue Share Holding | 65% |
| Post Issue Share Holding |
Macobs Technologies IPO GMP Update
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 23 July 2024 | 25 | – | 27,000 |
| 22 July 2024 | 25 | – | 27,000 |
| 20 July 2024 | 22 | – | 22,500 |
| 19 July 2024 | 15 | – | 17,000 |
| 18 July 2024 | 15 | – | 17,000 |
| 17 July 2024 | 15 | – | 17,000 |
| 16 July 2024 | 12 | – | 15,000 |
| 15 July 2024 | 12 | – | 15,000 |
| 12 July 2024 | 20 | – | 28,500 |
Macobs Technologies Offer Subscription Update
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 2,96,000 | 8,62,400 | 8,62,400 | 20,20,800 |
| 19 Jul 2024 | 88.92 | 265.18 | 161.38 | 195.06 |
| 18 Jul 2024 | 3.31 | 4.95 | 18.15 | 10.34 |
| 16 Jul 2024 | 3.06 | 1.46 | 4.16 | 2.85 |
Macobs Technologies IPO Allotment Status
Macobs Technologies IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
Macobs Technologies IPO Listing Details
| Listing Date | 24 July 2024 |
| BSE Scrip Code | – |
| NSE Symbol | MACOBSTECH |
| ISIN | INE0R0J01010 |
| Final Issue Price | ₹75 per share |
Macobs Technologies IPO Listing Day Update
| Listing Exchange | NSE SME |
| Final Issue Price | ₹75.00 |
| Open | ₹96.00 |
| Low | ₹96.00 |
| High | ₹100.80 |
| Last Trade | ₹100.80 |
Macobs Technologies Lead Manager(s)
SKI CAPITAL SERVICES LIMITED
718, Dr Joshi Road,
Karol Bagh, New Delhi- 110005
Phone: +91-011-41189899
Email: mtlipo@skicapital.net
Website: www.skicapital.net
Macobs Technologies Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-45121795
Email: investor.ipo@maashitla.com
Website: www.maashitla.com
Macobs Technologies Contact Details
MACOBS TECHNOLOGIES LIMITED
Plot No. A-305, Backside National Handloom Corp,
Vaishali Nagar, Jaipur, Rajasthan, India-302021
Phone: +91 8062195170
E-mail: compliance@macobstech.com
Website: www.macobstech.com
Macobs Technologies IPO FAQs
What is the Macobs Technologies offer size?
Macobs Technologies offer size is ₹ 18.43 – 19.46 crores.
What is the Macobs Technologies offer price band?
Macobs Technologies public offer price is ₹ 71 – 75 per share.
What is the lot size of the Macobs Technologies IPO?
Macobs Technologies offer a lot size is 1,600 shares.
What is Macobs Technologies Offer GMP today?
Macobs Technologies IPO GMP today is ₹ 25 per share.
What is the Macobs Technologies kostak rate today?
Macobs Technologies kostak rate today is ₹ NA per application.
What is Macobs Technologies Subject to the Sauda rate today?
Macobs Technologies is Subject to the Sauda rate today is ₹ 27,000 per application.
Final thoughts
Macobs Technologies IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
