Macobs Technologies IPO: Dates, Review, GMP, Price & Allotment Details

Macobs Technologies IPO

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.

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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

(Apply or Not)

Update soon

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.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹ 1,20,000
Retail Maximum11600₹ 1,20,000
S-HNI Minimum23200₹ 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
YearRevenueExpensePAT
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.

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