Macobs Technologies Ltd IPO

Macobs Technologies Limited operates an e-commerce platform Menhood.in specializing in below-the-belt grooming products for men. The website offers a curated selection of trimmers, skincare, and various grooming essentials. Operating within the legal framework, menhood.in provides a seamless online shopping experience for customers seeking quality products tailored to male grooming needs.

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50years

Macobs Technologies Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
25.95 LTBA8.62 L46.78 LNSE₹ 19.46 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
16 Jul, 2419 Jul, 241600 ₹ 1,13,600 Book Building - SME24 Jul, 24

Macobs Technologies Ltd IPO Dates

  • 16 Jul 2024

    Opening date

  • 19 Jul 2024

    Closing date

  • 22 Jul 2024

    Basis of
    Allotment

  • 22 Jul 2024

    Initiation of
    Refunds

  • 23 Jul 2024

    Credit of
    Shares

  • 24 Jul 2024

    Listing date

Details

SectorType
SectorTrading
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x7392000
NII0x8624000
Retail0x8624000
Employee0x00
Total0x25952000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Macobs Technologies Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations2.840.58-0.01
EBITDA2.940.61-0.01
PAT2.050.40-0.01
Total Assets4.551.290.37
Share Capital0.010.010.01
Total Borrowings3.110.590.16
Operating Activities (Net Cash)2.150.43-0.01
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)3.110.590.16
Net Cashflow0.860.520.05

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Macobs Technologies Ltd

Our Company was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of Macobs Technologies Private Limited bearing Corporate Identification Number U74999RJ2019PTC066608 dated October 14, 2019 issued by the Registrar of Companies, Rajasthan. Subsequently, the name of our Company was changed to Macobs Technologies Limited and a fresh Certificate of Incorporation dated August 07, 2023 was issued by the Registrar of Companies, Rajasthan. As on date of this Red Herring Prospectus, the Corporate Identification Number of our Company is U74999RJ2019PLC066608.

Macobs Technologies Limited operates within the rapidly growing men's e-commerce grooming industry, focusing specifically on below-the-belt grooming products. The industry is characterized by a rising demand for specialized grooming tools and cosmetics catering to men's grooming needs. With an increasing emphasis on personal care and grooming among men, the industry is dynamic, reflecting evolving consumer preferences and a heightened awareness of personal grooming.

Peer Comparison:

  • FSN E-Commerce Ventures Ltd
  • Honasa Consumer Ltd

Macobs Technologies Ltd IPO Key Points

Strengths

  • Strong partnerships, alliances and affiliations with nodal agencies in the area of E-commerce.
  • Robust systems and processes across all functions of the company.
  • Strong technology backbone supported by a dedicated team of experienced professionals.
  • Favourable macro environment.

Risk

  • Its electronic products are imported from China and expose the company to geopolitical and foreign exchange risk.
  • The company does not own its registered office and the locations from which the company operate.
  • There are certain pending legal proceedings involving the Company as well as the Promoter and Directors of the Company. Any adverse outcome on such proceedings may affect its business, financial condition and reputation.

Strategy

  • Product Innovation and Diversity.
  • Educational Resources and Awareness.
  • Customer-Centric Approach.
  • Open and Empowering Brand Messaging.
  • Emphasis on Well-being and Confidence.
  • Strong partnerships, alliances and affiliations with nodal agencies in the area of E-commerce.
  • Robust systems and processes across all functions of the company.
  • Strong technology backbone supported by a dedicated team of experienced professionals.
  • Favourable macro environment.

How To Apply for Macobs Technologies Ltd Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Macobs Technologies Ltd's IPO offers shares for up to ₹ 0 L It begins on Jul 16, 2024 and ends on Jul 19, 2024.

The price of Macobs Technologies Ltd IPO ranges between ₹71 to ₹75 per share.

The Macobs Technologies Ltd IPO opens on Jul 16, 2024 and closes on Jul 19, 2024.

The allotment for the Macobs Technologies Ltd IPO will be finalised on Jul 22, 2024. The shares will be listed on BSE and NSE on Jul 24, 2024.

The minimum lot size for Macobs Technologies Ltd IPO is 1600 shares, priced between ₹71 to ₹75 per share.

The GMP (Grey Market Premium) of Macobs Technologies Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Macobs Technologies Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Macobs Technologies Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 16, 2024, and closes on Jul 19, 2024. The allotment is finalised on Jul 22, 2024.

To apply for the Macobs Technologies Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.