Macobs Technologies IPO has scheduled to open on July 16 and close on July 19. The company aims to raise ₹19.46 crores through this NSE SME IPO. The price band for the IPO is set between ₹71 and ₹75 per share, with a minimum market lot of 1600 shares.
Founded in 2019, Macobs Technologies operates in the male grooming sector, focusing on below-the-belt grooming products. The company sells exclusively online via its website, menhood.in, without any physical retail stores. This approach addresses a significant market need, particularly in areas where discussions about male personal care are often limited.
Macobs Technologies offers a range of grooming products tailored for men, including specialized trimmers for sensitive areas, male-specific hygiene items, and various self-care products. The company emphasizes innovation, safety, and effectiveness to meet the unique needs of its target audience.
Beyond its product line, Macobs Technologies is committed to changing societal attitudes towards male grooming. The company uses online platforms to educate and promote open conversations about topics traditionally considered taboo, leveraging digital engagement and consumer feedback to address evolving needs.
Macobs Technologies IPO Objectives
The company plans to use the funds raised from the IPO for the following purposes and to leverage the benefits of listing on the NSE EMERGE platform:
Customer Acquisition: Investment in marketing and awareness campaigns.
Debt Repayment: Prepayment or repayment of a portion of existing borrowings.
Working Capital: Enhancing working capital requirements.
General Corporate Purposes: Broad corporate needs.
Issue Expenses: Covering the costs associated with the IPO.
Macobs Technologies IPO Review
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Also Read: IPO Allotment Status: Check Allotment Status, Date, Allotment Link
Macobs Technologies IPO Date & Price Band Details
| IPO Open: | July 16, 2024 |
| IPO Close: | July 19, 2024 |
| IPO Size: | Approx ₹19.46 Crores, 2,595,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹71 to ₹75 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 30% of the net offer |
| NII Quota: | 35% of the net offer |
Macobs Technologies IPO Lot Size
The minimum lot size for the Macobs Technologies IPO is 1600 shares, with an application amount of ₹120,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹ 1,20,000 |
| Retail Maximum | 1 | 1600 | ₹ 1,20,000 |
| S-HNI Minimum | 2 | 3200 | ₹ 2,40,000 |
Macobs Technologies IPO Timeline
The Macobs Technologies IPO will open on July 16 and close on July 19. Share allotment is anticipated on July 22, with trading expected to start around July 24.
| IPO Open Date: | July 16, 2024 |
| IPO Close Date: | July 19, 2024 |
| Basis of Allotment: | July 22, 2024 |
| Refunds: | July 23, 2024 |
| Credit to Demat Account: | July 23, 2024 |
| IPO Listing Date: | July 24, 2024 |
Macobs Technologies IPO GMP Today
The GMP for Macobs Technologies SME IPO has not been released yet. We are updating the GMP information daily. Please check back soon for the latest updates.
Macobs Technologies Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹ 6.02 | ₹ 5.49 | ₹ 0.39 |
| 2023 | ₹ 14.83 | ₹ 12.09 | ₹ 2.05 |
| 2024 | ₹ 20.75 | ₹ 17.76 | ₹ 2.21 |
Peer Group
FSN ECommerce Ventures Ltd
Honasa Consumer Ltd
Company Promoters
Shivam Bhateja
Dushyant Gandotra
Divya Gandotra
Macobs Technologies IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-4512 1795-96
Email: investor.ipo@maashitla.com
Website: Maashitla Securities
Macobs Technologies IPO Allotment Status
Check the Macobs Technologies IPO allotment status on the Maashitla Securities website. Click Here
Macobs Technologies IPO Lead Managers
SKI Capital Services Limited
Company Address
Macobs Technologies Limited
Plot No. A-305, Backside National Handloom Corp.
Vaishali Nagar, Jaipur – 302021
Phone: +91 80621 95170
Email: compliance@macobstech.com
Website: Macobs Technologies
Macobs Technologies IPO FAQs
What are the dates for the Macobs Technologies IPO?
Opening Date: July 16
Closing Date: July 19
Allotment Date: July 22
Listing Date: Expected on July 24
What is the minimum market lot for the IPO?
The minimum market lot for the Macobs Technologies IPO is 1600 shares.
How much is the application amount for the minimum lot?
The application amount for the minimum market lot of 1600 shares is ₹120,000.
When will the shares be allotted?
Shares will be allotted on July 22.
When can I start trading the allotted shares?
Trading of the allotted shares is expected to begin on July 24.
