Macobs Technologies IPO Details: Macobs Technologies has announced its IPO dates, which will open on July 16 and close on July 19. This IPO aims to raise ₹19.46 crores and will be listed as an NSE SME IPO. The price band for the Macobs Technologies IPO is set between ₹71 to ₹75 per share, with a market lot of 1600 shares.
Founded in 2019, Macobs Technologies operates within the male grooming industry, specializing in below-the-belt grooming products. The company conducts its business exclusively through e-commerce, primarily via its website, https://menhood.in/, without maintaining any physical retail stores. This strategic focus fills a significant market gap, particularly in regions where discussions about such personal care aspects are often limited.
Macobs Technologies 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’s commitment to innovation, safety, and effectiveness ensures these products meet the unique requirements of their target demographic.
In addition to its product offerings, Macobs Technologies is dedicated to educating and changing societal perceptions about male grooming. The company leverages online platforms to create and share content that promotes awareness and encourages open conversations about topics traditionally considered taboo. Their customer-centric approach focuses on understanding and addressing the evolving needs of consumers through digital engagement and feedback mechanisms.
Macobs Technologies IPO Objectives:
The Company proposes to utilize the funds towards funding the following objects and achieve the benefits of listing on the NSE EMERGE Platform:
- 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 Review (Apply or Not)
- Update soon
Macobs Technologies IPO Date & Price Band Details:
| IPO Open: | July 16, 2024 |
| IPO Close: | July 19, 2024 |
| IPO Size: | Approx ₹19.46 Crores, 2,595,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹71 to ₹75 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 30% of the net offer |
| NII Quota: | 35% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Macobs Technologies IPO Lot Size:
The Macobs Technologies IPO requires a minimum market lot of 1600 shares, with an application amount of ₹120,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹120,000 |
| Retail Maximum | 1 | 1600 | ₹120,000 |
| S-HNI Minimum | 2 | 3200 | ₹240,000 |
Macobs Technologies IPO Timeline:
Macobs Technologies’ IPO is scheduled to commence on July 16, with the closing date set for July 19. The allotment of shares is expected on July 22, and trading on the IPO is anticipated to begin around July 24.
| IPO Open Date: | July 16, 2024 |
| IPO Close Date: | July 19, 2024 |
| Basis of Allotment: | July 22, 2024 |
| Refunds: | July 23, 2024 |
| Credit to Demat Account: | July 23, 2024 |
| IPO Listing Date: | July 24, 2024 |
Macobs Technologies IPO GMP Today:
GMP for Macobs Technologies SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Macobs Technologies Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹6.02 | ₹5.49 | ₹0.39 |
| 2023 | ₹14.83 | ₹12.09 | ₹2.05 |
| 2024 | ₹20.75 | ₹17.76 | ₹2.21 |
Macobs Technologies IPO Valuation – FY2024
Check Macobs Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.43per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 22.52% |
| Net Asset Value (NAV): | ₹13.65 per Equity Share |
Peer Group
- FSN ECommerce Ventures Ltd Limited
- Honasa Consumer Ltd
Company Promoters
- Shivam Bhateja
- Dushyant Gandotra
- Divya Gandotra
Macobs Technologies IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Macobs Technologies IPO Allotment Status
Check Macobs Technologies IPO allotment status on Maashitla Securities website URL. Click Here
Macobs Technologies IPO Lead Managers aka Merchant Bankers
- SKI Capital Services Limited
Company Address
Macobs Technologies Limited
Plot No. A-305,
Backside National Handloom Corp. Vaishali Nagar,
Jaipur – 302021
Phone: +91 8062195170
Email: compliance@macobstech.com
Website: https://macobstech.com/
Macobs Technologies IPO FAQs
1. What are the dates for the Macobs Technologies IPO?
- Opening Date: July 16
- Closing Date: July 19
- Allotment Date: July 22
- Listing Date: Expected on July 24
2. What is the minimum market lot for the IPO?
The minimum market lot for the Macobs Technologies IPO is 1600 shares.
3. How much is the application amount for the minimum lot?
The application amount for the minimum market lot of 1600 shares is ₹120,000.
4. When will the shares be allotted?
The shares will be allotted on July 22.
5. When can I start trading the allotted shares?
The trading of the allotted shares is expected to begin on July 24.
6. How can I apply for the Macobs Technologies IPO?
You can apply for the Macobs Technologies IPO through your stockbroker or online trading platform by following the standard application process for IPOs.
7. What are the benefits of investing in the Macobs Technologies IPO?
Investing in the Macobs Technologies IPO offers an opportunity to be part of a growing company in the technology sector. However, it’s essential to conduct thorough research and consider your financial goals and risk tolerance before investing.
8. Where can I find more information about the IPO?
Detailed information about the Macobs Technologies IPO, including the prospectus, can be found on the official websites of stock exchanges, financial news portals, and through your brokerage firm.
