Macobs Technologies IPO Details | GMP, Date, Price, Review

Macobs Technologies IPO Details ( Macobs Technologies Limited IPO Review )

(16 July 2024 – 19 July 2024)

Macobs Technologies Limited, founded in 2019, specializes in male grooming products.

The company offers a range of specialized trimmers for sensitive areas, hygiene products designed for male skin, briefs, and various self-care items. All products are available online at https://menhood.in/. Macobs Technologies Limited operates exclusively online, with no physical stores or traditional retail presence.

The company employs 15 full-time staff members.

Macobs Technologies Limited IPO Competitive Strength

• Targeting niche markets: By focusing on men’s under-the-belt grooming, the company stands out in a market that has largely neglected this area.
• E-commerce strategy: Operating exclusively online increases market reach, reduces overheads, and provides operational flexibility.
• Innovative product range: Developing specialized products for specific grooming needs meets a particular market demand.
• Customer-focused approach: Emphasizing customer needs and preferences as well as active engagement and feedback strengthens customer relationships.
• Educational content strategy: Initiatives to educate and change societal views on male grooming help build brand authority and trust.
• Sustainability and ethics: The commitment to eco-friendly packaging and sustainable sourcing is in line with the increasing consumer focus on environmental and social responsibility.

Macobs Technologies IPO Financials Performance ( Results )

Macobs Technologies Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period Ended	Total Assets	Total Revenue	PAT	Net Worth	Reserves	Borrowing
31-Mar-22	152.51	602.30	38.89	1.00	39.00	20.84
31-Mar-23	595.05	1,482.81	204.50	1.00	243.50	107.35
31-Mar-24	1,443.44	2,074.67	221.27	720.00	262.77	250.14

Objective of Macobs Technologies IPO Issue

• 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 Basic Details

IPO Date	July 16, 2024 to July 19, 2024
Listing Date	Wednesday, July 24, 2024
Face Value	₹10 per share
Price	₹71 to ₹75 per share
Lot Size	1600 shares
Issue Size	2,595,200 shares (aggregating up to ₹19.46 Cr)
Fresh Issue	2,595,200 shares (aggregating up to ₹19.46 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share holding pre issue	7,200,000
Share holding post issue	9,795,200
Company Promoters	Shivam Bhateja, Dushyant Gandotra, and Divya Gandotra

Macobs Technologies IPO Reservation

QIB Shares Offered	30.00% of the Net Issue
NII (HNI) Shares Offered	35.00% of the Net Issue
Retail Shares Offered	35.00% of the Net Issue
Total Shares Offered	100.00% of the Net Issue

Macobs IPO Timetable

Macobs IPO will open on July 16, 2024 and close on July 19, 2024. You can join Macobs IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	16 July 2024 (Tuesday)
Closing Date	19 July 2024 (Friday)
Basis of Allotment	22 July 2024 (Monday)
Initiation of Refunds	23 July 2024 (Tuesday)
Credit of Shares to Demat	23 July 2024 (Tuesday)
Listing Date	24 July 2024 (Wednesday)
Deadline for UPI mandate confirmation	5 PM on 19 July 2024

Macobs Technologies IPO Lot Size

For retail investors in Macobs Technologies IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.

Application	Lots	Shares	Amount
Retail (Min)	1	1600	₹120,000
Retail (Max)	1	1600	₹120,000
S-HNI (Min)	2	3200	₹240,000

Macobs Technologies IPO Promoter Holding

The company’s promoters include Shivam Bhateja, Dushyant Gandotra, and Divya Gandotra.

Pre Issue Share Holding	65.00%
Post Issue Share Holding

Macobs Technologies Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)	73.46
Earning Per Share (EPS)	₹4.43 per Equity Share
Net Asset Value (NAV)	₹13.65 per Equity Share
P/E Ratio (P/E) (x)	24.40
Post P/E Ratio (P/E) (x)	33.20
Return on Net Worth (RoNW) (%)	22.52
Return on equity (ROE) (%)	36.06
Return on Capital Employed (ROCE) (%)	30.53
Debt/Equity Ratio
Price/Book Value Ratio	5.49

Macobs Technologies IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹11	–	–
12 July 2024	₹11	–	–

Macobs Technologies IPO Detail Video:

Macobs Technologies IPO Subscription Status (Bidding Detail)

The Macobs Technologies IPO on July 19, 2024 at 6:19:58 PM was subscribed 202.32 times, with the retail category being subscribed 176.87 times, the NII (Non-Institutional Investor) category being subscribed 266.70 times, QIB (Qualified-Institutional Buyers) category being subscribed 88.92 times.

Category	Subscription
QIB	88.92x
NII	266.70x
Retail	176.87x
Total	202.32x

Macobs Technologies IPO Prospectus

Macobs Technologies IPO DRHP	Download
Macobs Technologies IPO RHP	Download
Macobs Technologies IPO Anchor Investors Details PDF	Download

Macobs Technologies IPO Rating

Our Rating

3.0/5.0

Macobs Technologies Company Contact Information

Macobs Technologies Limited

Registered Office: Plot No. A-305, Backside National Handloom Corp, Vaishali Nagar, Jaipur, Rajasthan, India-302021
Contact Person: Ankita Soni, Company Secretary & Compliance Officer
Tel No: +91 8062195170
Email: compliance@macobstech.com
Website: www.macobstech.com
Our Promoters: (I) Shivam Bhateja (Ii) Dushyant Gandotra

Macobs Technologies IPO Registrar

Maashitla Securities Private Limited

SEBI Registration No.: INR000004370
Address: 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi110034
Tel No: +91 -11-4512-1795;
Email: investor.ipo@maashitla.com
Website: https://www.maashitla.com/
Contact Person: Mr. Mukul Agrawal

Macobs Technologies IPO Lead Manager

SKI Capital Services Limited

SEBI Registration No.: INM000012768
Address: 718, Dr Joshi Road, Karol Bagh, New Delhi- 110005
Telephone No: +91-011-41189899
Website: https://www.skicapital.net/
Email ID: mtlipo@skicapital.net
Contact Person: Mr. Ghanisht Nagpal

Macobs Technologies IPO FAQs