Macfos IPO GMP | Details, Date, Price, Review, Allotment

Macfos IPO Details ( Macfos IPO Review )

(17 Feb 2023 – 21 Feb 2023)

Macfos Limited, established in 2017, operates primarily as an e-commerce business. They offer a diverse selection of electronic products through their e-commerce platform and mobile app, Robu.in. This includes a wide range of items such as robotic components, drone components, E-bike parts, IoT and wireless products, 3d printer parts, educational DIY kits, development boards, Raspberry Pi systems and accessories, sensors, motors, motor drivers, pumps, batteries, chargers, electronic modules and displays, as well as other mechanical and electronic components.

As of September 30, 2022, Macfos Limited has established partnerships with over 140 local and international vendors to acquire electronic items and components. In addition, the company manages a portfolio of 3 in-house brands, which are either manufactured by third-party companies or procured from them.

Macfos Limited operates a fulfillment center located in Pune, Maharashtra, covering an area of 7,900 square feet. They also utilize third-party logistics services. To date, the company has successfully processed over 2 lakh orders placed by over 83,000 customers through their website, mobile application, and direct channels.

During the fiscal year 2021-2022, Macfos Limited fulfilled over 2 lakh orders from customers located in all 28 states and 6 Union Territories of India.

Macfos Limited is proud to have served a number of esteemed clients, including:

• ONGC
• M&M
• Hindustan Aeronautics Ltd.
• Tata Power Solar Systems Ltd.
• Central Electronics Engineering Research Institute, Pilani
• Wipro Enterprises Pvt. Ltd.
• Bharat Forge Ltd.
• Tata Communications Ltd.
• Schneider Electric India Private Limited, among others.

Macfos Company Product:

1. Robotic parts
2. Drone parts
3. E-bike parts
4. IoT & Wireless items
5. Raspberry Pi items
6. 3d printer & parts
7. Sensors
8. Motors, Motor Drivers and Pumps
9. Batteries, Chargers and Accessories
10. Development Boards
11. Electronic Modules and Displays
12. Mechanical Components and Workbench Tools
13. Electronic Components

Macfos IPO Competitive Strength

• Extensive and diverse portfolio of electronic items and parts along with content rich platform
• Strong, diverse and growing customer base
• Scalable and reliable technology platform
• Experienced Promoters with strong management team having domain knowledge
• Consistent track record of profitable growth and strong financial performance

Macfos IPO Business Strength

• Continue to acquire new consumers and widen consumer base
• Continue to grow platform by offering new products and services
• Deepen and broaden our vendor relationships
• Focus on human resource development

Macfos IPO Financials Performance ( Results )

Macfos Limited Financial Information ( Consolidated )

All Amount in ₹ Lakhs

Period Ended	Total Assets	Total Revenue	PAT	EPS	Net Worth	Reserves	Borrowing
31-Mar-20	624.62	1622.16	32.97	0.38	52.55	51.55	433.12
31-Mar-21	941.75	2733.76	158.31	1.82	310.66	309.64	350.13
31-Mar-22	2047.2	5587.07	601.27	6.81	911.93	910.91	603.26
30-Sep-22	2598.74	3605.4	295.85	3.35	1207.78	1206.76	938

Objective of IPO Issue

The Selling Shareholders will be entitled to the entire proceeds of the Offer.

Macfos IPO Basic Details

IPO Date	Feb 17, 2023 to Feb 21, 2023
Listing Date	Wednesday,March 01, 2022
Face Value	₹10 per share
Price	₹96 to ₹102 per share
Lot Size	1200 Shares
Issue Size	2,328,000 shares of ₹10 (aggregating up to ₹23.74 Cr)
Offer for Sale	2,328,000 shares of ₹10 (aggregating up to ₹23.74 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE SME
QIB Shares Offered	50% of the Offer
NII (HNI) Shares Offered	15% of the Offer
Retail Shares Offered	35% of the Offer
Company Promoters	Atul Maruti Dumbre, Binod Prasad and Nileshkumar Purshottam Chavhan are the company promoters.

Macfos IPO Timetable

Macfos IPO will open on Feb 17, 2023 and close on Feb 21, 2023. You can join Macfos IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	Feb 17, 2023
Closing Date	Feb 21, 2023
Basis of Allotment	Feb 24, 2023
Initiation of Refunds	Feb 27, 2023
Credit of Shares to Demat	Feb 28, 2023
Listing Date	Mar 01, 2023

Macfos IPO Lot Size

For retail investors in Macfos IPO, 0000 shares will come in 1 lot or the minimum investment will be ₹000,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹000,000.

Application	Lots	Shares	Amount
Retail (Min)	1	1200	₹122,400
Retail (Max)	1	1200	₹122,400
S-HNI (Min)	2	2,400	₹244,800

Macfos IPO Promoter Holding

Pre Issue Share Holding	100.00%
Post Issue Share Holding	73.65%

Macfos IPO Valuation – FY2022

Earning Per Share (EPS)	₹10.32 per Equity Share
Price/Earning P/E Ratio	No Data ( Coming Soon )
Return on Net Worth (RoNW)	65.93%
Net Asset Value (NAV)	₹10.32 per Equity Share
Upper Price/Book Value (Price/BV) Ratio	No Data ( Coming Soon )

Macfos Ltd Peer comparison

There are no listed companies in India, the business portfolio of which is comparable with our business, accordingly it is not possible to provide an industry comparison in relation to our company.

Macfos IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
28 February 2023	₹87	–	–
27 February 2023	₹86	–	–
26 February 2023	₹84	–	–
25 February 2023	₹83	–	–
24 February 2023	₹82	–	–
23 February 2023	₹80	–	–
22 February 2023	₹81	–	–
21 February 2023	₹77	–	–
20 February 2023	₹82	–	–
19 February 2023	₹82	–	–
18 February 2023	₹82	–	–
17 February 2023	₹80	–	–
16 February 2023	₹72	–	–
15 February 2023	₹65	–	–
14 February 2023	₹60	–	–
13 February 2023	₹0	–	–
12 February 2023	₹0	–	–
11 February 2023	₹0	–	–

Macfos IPO Detail Video:

Macfos IPO Subscription Status (Bidding Detail)

The Macfos IPO on Feb 21, 2023 at 6:57:00 PM was subscribed 193.87 times, with the retail category being subscribed 268.45 times, the NII (Non-Institutional Investor) category being subscribed 659.99 times and the QIB (Qualified-Institutional Buyers) category being subscribed 21.60 times.

Category	Subscription
QIB	21.60x
NII	659.99x
Retail	268.45x
Total	193.87x

Macfos IPO Prospectus

Macfos IPO DRHP	Download
Macfos IPO RHP	Download

Macfos IPO Rating

Our Rating

4.5/5.0

Macfos Compnay Contact Information

Registered Office: S. No. 78/1, Sumant Building,
Dynamic Logistics Trade Park, Dighi,
Bhosari Alandi Road, Pune, Maharashtra, 411015
Contact Person: Mr. Sagar Subhash Gulhane,
Company Secretary & Compliance Officer
Tel No: +91-20-68197600
E-mail: cs@robu.in
Website: www.robu.in
Promoters of Our Company: Atul Maruti Dumbre, Binod Prasad,
Nileshkumar Purshottam Chavhan

Macfos IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED

Address: 1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East, Mumbai – 400059
Tel No.: +91-022-62638200
Fax No.: +91-022-62638299
Website: www.bigshareonline.com
Email: ipo@bigshareonline.com
Contact Person: Mr. Babu Raphel
SEBI Regn. No.: INR000001385

Macfos IPO Lead Manager

HEM SECURITIES LIMITED

Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000
Fax No.: +91- 022- 22625991
Website: www.hemsecurities.com
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Contact Person: Mr. Akun Goyal
SEBI Regn. No: INM000010981

Macfos IPO FAQs