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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.

Macobs Technologies Ltd IPO Details

Total Shares Offered

₹ 25,95,200

Offer to Public

TBA

Retail Max (Shares)

₹ 8,62,400

Pre Issue Promoters Holding

₹ 46,77,840

Exchange

NSE

Issue size

₹ 19.46 Cr

IPO Open Date

Jul 16, 2024

Close Date

Jul 19, 2024

Lot Size

1600

Min Investment

₹ 1,13,600

Issue Type

Book Building - SME

Listing Date

Jul 24, 2024

Macobs Technologies Ltd IPO Dates

Jul 16, 2024

Opening date

Jul 19, 2024

Closing date

Jul 22, 2024

Basis of Allotment

Jul 22, 2024

Initiation of Refunds

Jul 23, 2024

Credit of Shares

Jul 24, 2024

Listing date

Details

Sector	Type
Sector	Trading
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	739200
NII	0x	862400
Retail	0x	862400
Employee	0x	0
Total	0x	2595200

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

739200

862400

2595200

Macobs Technologies Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	3.74	3.11	2.84
EBITDA	3.95	3.29	2.94
PAT	2.61	2.15	2.05
Total Assets	28.76	11.15	4.55
Share Capital	9.80	7.20	0.01
Total Borrowings	12.83	4.22	3.11
Operating Activities (Net Cash)	2.82	2.33	2.15
Investing Activities (Net Cash)	0.07	0.06	0.00
Financing Activities (Net Cash)	12.83	4.22	3.11
Net Cashflow	5.97	4.14	0.86

About Macobs Technologies Ltd

Macobs Technologies Limited 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 the 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 the 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 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.

How To Apply for Macobs Technologies Ltd IPO Online?

Step 1:

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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Macobs Technologies Ltd IPO?

Macobs Technologies Ltd's IPO offers shares for up to 19.46 It begins on Jul 16, 2024 and ends on Jul 19, 2024.

What is the price of the Macobs Technologies Ltd IPO?

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

What are the open and close dates for the Macobs Technologies Ltd IPO?

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

When will the Macobs Technologies Ltd IPO be allotted?

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.

What is the minimum lot size required for Macobs Technologies Ltd IPO?

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

What is the GMP of Macobs Technologies Ltd IPO?

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

How do you check the allotment status of Macobs Technologies Ltd IPO?

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.'

Where is the Macobs Technologies Ltd IPO getting listed?

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.

How do you apply for the Macobs Technologies Ltd IPO?

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.