Macobs Technologies Ltd IPO
Open Demat Account
Macobs Technologies Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 25.95 L | TBA | ₹ 8.62 L | ₹ 46.78 L | NSE | ₹ 19.46 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 16 Jul, 24 | 19 Jul, 24 | 1600 | ₹ 1,13,600 | Book Building - SME | 24 Jul, 24 |
Macobs Technologies Ltd IPO Dates
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* | Shares Bid* |
|---|---|---|---|
| QIB | 35.61x | 739200 | 26320000 |
| NII | 266.85x | 862400 | 230131200 |
| Retail | 176.87x | 862400 | 152534400 |
| Employee | 0x | 0 | 0 |
| Total | 157.59x | 2595200 | 408985600 |
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) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 3.17 | 2.84 | 0.58 |
| EBITDA | 3.35 | 2.94 | 0.61 |
| PAT | 2.21 | 2.05 | 0.40 |
| Total Assets | 11.64 | 4.55 | 1.29 |
| Share Capital | 7.20 | 0.01 | 0.01 |
| Total Borrowings | 4.71 | 3.11 | 0.59 |
| Operating Activities (Net Cash) | 2.39 | 2.15 | 0.43 |
| Investing Activities (Net Cash) | 0.06 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 4.71 | 3.11 | 0.59 |
| Net Cashflow | 4.14 | 0.86 | 0.52 |
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
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.
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.
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 IPO 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.