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Macfos Limited IPO Date, Allotment, and All Details
Macfos Limited
Macfos Limited, which was founded in 2017, specialises in online shopping. The business operates Robu. in, an e-commerce website and mobile application. A wide variety of electronic products, including sensors, motors, motor drivers, pumps, batteries, chargers, electronic modules & displays, as well as several other mechanical & electronic parts, are available for purchase from the company. It also offers Raspberry Pi, DIY learning kits, development boards, robotics, drones, e-bikes, IoT & Wireless products, and 3D printer components (Single Board Computers & Peripherals).
For the purpose of procuring electrical goods and parts as of September 30, 2022, Macfos Limited has connections with over +140 domestic and international vendors. The business also has a portfolio of three owned brands that are made or purchased from outside sources.
The business features a fulfilment centre with a 7,900-square-foot floor area and third-party logistics services in Pune, Maharashtra. The business has fulfilled more than 2 lakh orders from more than 83,000 clients directly through the website and mobile application. Over 2 lakh orders from all 28 Indian states and 6 Indian Union Territories were filled by the company in the fiscal year 2021–2022.
ONGC, M&M, Hindustan Aeronautics Ltd., Tata Power Solar Systems Ltd., Central Electronics Engineering Research Institute, Pilani, Wipro Enterprises Pvt. Ltd., Bharat Forge Ltd., Tata Communications Ltd., Schneider Electric India Private Limited, and others are just a few of the company's illustrious clients
An object of the Issue
The entire offer funds will be payable to the selling shareholders.
Macfos IPO Details
IPO Date | Feb 17, 2023 to Feb 21, 2023 |
Listing Date | [.] |
Face Value | 10 per share |
Price | [.] to [.] per share |
Lot Size | 1200 Shares |
Issue Size | 2,328,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
Offer for Sale | 2,328,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
QIB Shares Offered | Not more than 50% of the Net Offer |
NII (HNI) Shares Offered | Not less than 15% of the Offer |
Retail Shares Offered | Not less than 35% of the Offer |
Company Promoters | Atul Maruti Dumbre, Binod Prasad and Nileshkumar
Purshottam Chavhan are the company promoters. |
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