
Macobs Technologies Limited IPO
Macobs Technologies operates within the male grooming industry, specializing in the niche area of below-the-belt grooming, and conducts its business exclusively through e-commerce channels. They offer a range of products specifically designed for men’s grooming needs, encompassing tools like specialized trimmers for sensitive areas, hygiene products tailored for male skin and various self-care items. These products are developed with a commitment to innovation, safety, and effectiveness, catering to the unique requirements of their target demographic.
Macobs Technologies IPO is a book-built issue of Rs 19.46 crores. The issue is entirely a fresh issue of 25.95 lakh shares. Macobs Technologies IPO opens for subscription on July 16, 2024 and closes on July 19, 2024. Macobs Technologies IPO price band is set at â¹71 to â¹75 per share. The minimum lot size for an application is 1600 Shares. SKI Capital Services Limited is the book-running lead manager of the Macobs Technologies IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Macobs Technologies IPO is SKI Capital Services.

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Macobs Technologies Limited IPO
GMP Date | IPO Price | GMP | Last Updated |
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**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Macobs Technologies Limited IPO Details
Detail | Description |
---|---|
IPO Date | July 16, 2024 to July 19, 2024 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹71 to ₹75 per share |
Lot Size | 1600 Shares |
Total Issue Size | 2,595,200 shares (aggregating up to ₹19.46 Cr) |
Fresh Issue | 2,595,200 shares (aggregating up to ₹19.46 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Shareholding pre issue | 7,200,000 |
Shareholding post issue | 9,795,200 |
Market Maker portion | 131,200 shares SKI Capital Services |
Macobs Technologies Limited IPO Timeline
Detail | Description |
---|---|
IPO Open Date | Tuesday, July 16, 2024 |
IPO Close Date | Friday, July 19, 2024 |
Basis of Allotment | Monday, July 22, 2024 |
Initiation of Refunds | Tuesday, July 23, 2024 |
Credit of Shares to Demat | Tuesday, July 23, 2024 |
Listing Date | Wednesday, July 24, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on July 19, 2024 |
Macobs Technologies Limited IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1600 | ₹120,000 |
Retail (Max) | 1 | 1600 | ₹120,000 |
HNI (Min) | 2 | 3200 | ₹240,000 |
Macobs Technologies IPO Reservation
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 30.00% of the Net offer |
Retail Shares Offered | 35.00% of the Offer |
NII (HNI) Shares Offered | 35.00% of the Offer |
Macobs Technologies Limited IPO Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
65% | - |
Macobs Technologies IPO Anchor Investors Details
Bid Date | July 15, 2024 |
Shares Offered | 443,200 |
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 |
Company & Financials
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. The company does not have physical stores or a traditional retail presence.
Competitive strengths:
1. Targeting niche markets: By focusing on men's under-the-belt grooming, the company stands out in a market that has largely neglected this area.
2. E-commerce strategy: Operating exclusively online increases market reach, reduces overheads and provides operational flexibility.
3. Innovative product range: Developing specialized products for specific grooming needs meets a particular market demand.
4. Customer-focused approach: Emphasizing customer needs and preferences as well as active engagement and feedback strengthens customer relationships.
5. Educational content strategy: Initiatives to educate and change societal views on male grooming help build brand authority and trust.
6. Sustainability and ethics: The commitment to eco-friendly packaging and sustainable sourcing is in line with the increasing consumer focus on environmental and social responsibility.
Competitive Strength:
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Macobs Technologies Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
31 Mar 2024 | 1,443.44 | 2,074.67 | 221.27 | 720.00 | 250.14 | |||||||||||||||||||||||||||||||||||
31 Mar 2023 | 595.05 | 1,482.81 | 204.50 | 1.00 | 107.35 | |||||||||||||||||||||||||||||||||||
31 Mar 2022 | 152.51 | 602.30 | 38.89 | 1.00 | 20.84 | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 36.06% |
ROCE | 30.53% |
RoNW | 22.52% |
P/BV | 5.49 |
PAT Margin (%) | 10.73 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 3.07 | 2.26 |
P/E (x) | 24.4 | 33.2 |
RHP:
DRHP:
Frequently asked Questions (FAQs )
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What is Macobs Technologies IPO?
Macobs Technologies IPO is an NSE SME IPO. They are going to raise ₹19.46 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.
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When will Macobs Technologies IPO open?
The IPO is to open on July 16, 2024, for QIB, NII, and Retail Investors.
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What is Macobs Technologies IPO Investors Portion?
The investors’ portion for QIB is 30%, NII is 35%, and Retail is 35%.
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What is Macobs Technologies IPO Size?
Macobs Technologies IPO size is ₹19.46 crores.
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What is Macobs Technologies IPO Price Band?
Macobs Technologies IPO Price Band is ₹71 to ₹75 per equity share.
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What is Macobs Technologies IPO Minimum and Maximum Lot Size?
The IPO bid is 1600 shares with ₹120,000.