Macobs Technologies IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jul 16 to Jul 19 2024
Price Band
₹71 - 75
Current GMP
₹96(28.00%)
Subscription
195.00 times
IPO Details
| IPO Date | July 16, 2024 to July 19, 2024 |
| Listing Date | Wednesday, July 24, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Total 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 |
| Market Maker portion | 131,200 shares SKI Capital Services |
IPO Date
July 16, 2024 to July 19, 2024
Listing Date
Wednesday, July 24, 2024
Face Value
₹10 per share
Price Band
₹71 to ₹75 per share
Lot Size
1600 Shares
Total 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
Market Maker portion
131,200 shares SKI Capital Services
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 88.92 |
| Non-Institutional Buyers*** | 265.02 |
| Retail Investors | 161.38 |
| Total ** | 195.00 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
88.92
Non-Institutional Buyers***
265.02
Retail Investors
161.38
Total **
195.00
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jul 16, 2024 | 3.06 | 1.47 | 4.31 | 2.91 |
| Day 2 Jul 18, 2024 | 3.31 | 4.85 | 18.63 | 10.50 |
| Day 3 Jul 19, 2024 | 88.92 | 265.02 | 161.38 | 195.00 |
DayDay 1
Jul 16, 2024
QIB3.06
NII*1.47
Retail4.31
Total2.91
DayDay 2
Jul 18, 2024
QIB3.31
NII*4.85
Retail18.63
Total10.50
DayDay 3
Jul 19, 2024
QIB88.92
NII*265.02
Retail161.38
Total195.00
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 24-07-2024 | 75.00 | 14(18.67%) | 89 |
| 23-07-2024 | 75.00 | 14(18.67%) | 89 |
| 22-07-2024 | 75.00 | 17(22.67%) | 92 |
| 21-07-2024 | 75.00 | 25(33.33%) | 100 |
| 20-07-2024 | 75.00 | 25(33.33%) | 100 |
| 19-07-2024 | 75.00 | 25(33.33%) | 100 |
| 18-07-2024 | 75.00 | 20(26.67%) | 95 |
| 17-07-2024 | 75.00 | 11(14.67%) | 86 |
| 16-07-2024 | 75.00 | 15(20.0%) | 90 |
| 15-07-2024 | 75.00 | 11(14.67%) | 86 |
| 14-07-2024 | 75.00 | 11(14.67%) | 86 |
| 13-07-2024 | 75.00 | 11(14.67%) | 86 |
| 12-07-2024 | 75.00 | 0(0.0%) | 75 |
| 11-07-2024 | 75.00 | 0(0.0%) | 75 |
| 10-07-2024 | 75.00 | 0(0.0%) | 75 |
Date24-07-2024
Price75.00
GMP14(18.67%)
Estimate List Price89
Date23-07-2024
Price75.00
GMP14(18.67%)
Estimate List Price89
Date22-07-2024
Price75.00
GMP17(22.67%)
Estimate List Price92
Date21-07-2024
Price75.00
GMP25(33.33%)
Estimate List Price100
Date20-07-2024
Price75.00
GMP25(33.33%)
Estimate List Price100
Date19-07-2024
Price75.00
GMP25(33.33%)
Estimate List Price100
Date18-07-2024
Price75.00
GMP20(26.67%)
Estimate List Price95
Date17-07-2024
Price75.00
GMP11(14.67%)
Estimate List Price86
Date16-07-2024
Price75.00
GMP15(20.0%)
Estimate List Price90
Date15-07-2024
Price75.00
GMP11(14.67%)
Estimate List Price86
Date14-07-2024
Price75.00
GMP11(14.67%)
Estimate List Price86
Date13-07-2024
Price75.00
GMP11(14.67%)
Estimate List Price86
Date12-07-2024
Price75.00
GMP0(0.0%)
Estimate List Price75
Date11-07-2024
Price75.00
GMP0(0.0%)
Estimate List Price75
Date10-07-2024
Price75.00
GMP0(0.0%)
Estimate List Price75
IPO Important Dates
| IPO Open Date | Tuesday, July 16, 2024 |
| IPO Close Date | Friday, July 19, 2024 |
| Basis of Allotment | Monday, July 22, 2024 |
| Initiation of Refunds | Tuesday, July 23, 2024 |
| Credit of Shares to Demat | Tuesday, July 23, 2024 |
| Listing Date | Wednesday, July 24, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 19, 2024 |
IPO Open Date
Tuesday, July 16, 2024
IPO Close Date
Friday, July 19, 2024
Basis of Allotment
Monday, July 22, 2024
Initiation of Refunds
Tuesday, July 23, 2024
Credit of Shares to Demat
Tuesday, July 23, 2024
Listing Date
Wednesday, July 24, 2024
Cut-off time for UPI mandate confirmation
5 PM on July 19, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| HNI (Min) | 2 | 3,200 | ₹240,000 |
ApplicationRetail (Min)
Lots1
Shares1600
Amount₹120,000
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹120,000
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹240,000
Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,443.44 | 595.05 | 152.51 |
| Revenue | 2,074.67 | 1,482.81 | 602.30 |
| Profit After Tax | 221.27 | 204.50 | 38.89 |
| Net Worth | 720.00 | 1.00 | 1.00 |
| Reserves and Surplus | 262.77 | 243.50 | 39.00 |
| Total Borrowing | 250.14 | 107.35 | 20.84 |
Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 20241,443.44
31 Mar 2023595.05
31 Mar 2022152.51
Period EndedRevenue
31 Mar 20242,074.67
31 Mar 20231,482.81
31 Mar 2022602.30
Period EndedProfit After Tax
31 Mar 2024221.27
31 Mar 2023204.50
31 Mar 202238.89
Period EndedNet Worth
31 Mar 2024720.00
31 Mar 20231.00
31 Mar 20221.00
Period EndedReserves and Surplus
31 Mar 2024262.77
31 Mar 2023243.50
31 Mar 202239.00
Period EndedTotal Borrowing
31 Mar 2024250.14
31 Mar 2023107.35
31 Mar 202220.84
Key Performance Indicator
| ROE | 36.06% |
| ROCE | 30.53% |
| RoNW | 22.52% |
| P/BV | 5.49 |
| PAT Margin (%) | 10.73 |
| EPS (Rs) | 3.07 |
ROE
36.06%
ROCE
30.53%
RoNW
22.52%
P/BV
5.49
PAT Margin (%)
10.73
EPS (Rs)
3.07
IPO Reservation
| Anchor Investor Shares Offered | 443,200 (17.08%) |
| Market Maker Shares Offered | 131,200 (5.06%) |
| QIB Shares Offered | 296,000 (11.41%) |
| NII (HNI) Shares Offered | 862,400 (33.23%) |
| Retail Shares Offered | 862,400 (33.23%) |
| Total Shares Offered | 2,595,200 (100%) |
Anchor Investor Shares Offered
443,200 (17.08%)
Market Maker Shares Offered
131,200 (5.06%)
QIB Shares Offered
296,000 (11.41%)
NII (HNI) Shares Offered
862,400 (33.23%)
Retail Shares Offered
862,400 (33.23%)
Total Shares Offered
2,595,200 (100%)
Information about company
Macobs Technologies Limited was founded in 2019 and offers products for male grooming.
The company offers specialized trimmers for sensitive areas, hygiene products tailored to male skin, briefs, and a variety of self-care items via its website https://menhood.in/. The company does not have physical stores or a traditional retail presence.
Competitive strengths:
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.
The company has 15 full-time employees.
Objectives of IPO
The Company proposes to utilize the funds towards funding the following objects and achieve the benefits of listing on the NSE EMERGE Platform:
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.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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