Macobs Technologies IPO Details
IPO Size | 19.46 |
Price Range | ₹71 - ₹75 |
Retail Quota | 35% |
QIB Quota | 30% |
NII Quota | 35% |
Employee Discount | -- |
Listing at | NSE |
Minimum Quantity | 1600 |
Investment (cut-off price) | ₹120,000 |
Pre IPO Promotor Holding | 65% |
Post IPO Promotor Holding | -- |
DHRP Draft | Click Here |
RHP Draft | Click Here |
Anchor Investors List | Click Here |
Macobs Technologies IPO Timelines
16/07/2024
Start Date19/07/2024
End Date23/07/2024
Refund Initiation23/07/2024
Credit of Shares to Demat Ac24/07/2024
Listing DateMacobs Technologies IPO Lot Size
Application | Lot Size | Shares | Amount |
---|---|---|---|
Retail Minimum | 1 | 1600 | ₹120,000 |
Retail Maximum | 1 | 1600 | ₹120,000 |
S-HNI Minimum | 2 | 3200 | ₹240,000 |
Macobs Technologies IPO Subscription Status
QIB | NII | Retail | EMP | Total |
---|---|---|---|---|
88.92 x | 266.85 x | 176.87 x | -- | 202.39 x |
IPO Performance on Listing Day
Opening Price | Closing Price | Day High | Day Low |
---|---|---|---|
₹96 | ₹100.80 | ₹100.80 | ₹96 |
Macobs Technologies IPO Company Financials
Year | Total Income | Total Expense | PAT |
---|---|---|---|
FY 2022 | ₹6.02 | ₹5.49 | ₹0.39 |
FY 2023 | ₹14.83 | ₹12.09 | ₹2.05 |
FY 2024 | ₹20.75 | ₹17.76 | ₹2.21 |
About Company
Founded in 2019, Macobs Technologies Limited specialises in male grooming products, offering an extensive range of items tailored for men’s self-care needs. Through its website, Menhood, the company provides specialised trimmers for sensitive areas, hygiene products designed for male skin, briefs, and other self-care essentials. Macobs Technologies operates exclusively online, without physical stores or a traditional retail presence.
The company’s competitive strengths include targeting niche markets, particularly men’s under-the-belt grooming, distinguishing it in a largely overlooked segment. Its e-commerce strategy enhances market reach, reduces overhead costs, and allows for greater operational flexibility. Macobs Technologies’ innovative product range addresses specific grooming needs, fulfilling a unique market demand.
The company emphasises a customer-focused approach, actively engaging with customers to understand and cater to their preferences. This engagement strengthens customer relationships and loyalty. Additionally, Macobs Technologies leverages an educational content strategy to shift societal views on male grooming, building brand authority and trust.
Sustainability and ethics are core to the company’s values, demonstrated through its commitment to eco-friendly packaging and sustainable sourcing, aligning with the growing consumer focus on environmental and social responsibility. Macobs Technologies Limited employs 15 full-time employees dedicated to advancing the company’s mission and vision.
Incorporation Date | Sector | Managing Director |
---|---|---|
2019 | IT (Information Technology) | Atul Dumbre |
Know Before Investing
Macobs Technologies IPO Strengths
- Specialises in grooming for men, a unique niche.
- Operates exclusively online, enhancing market reach and reducing costs.
- Offers innovative, specialised products meeting specific grooming needs.
- Focuses on customer needs, preferences, and active engagement.
- Provides educational content, shifting perceptions on male grooming.
- Committed to eco-friendly packaging and sustainable sourcing practices.
Macobs Technologies IPO Risks
- Relies heavily on Chinese imports, risking geopolitical and forex impacts.
- Does not own operating locations, risking lease renewals and relocations.
- Pending legal proceedings totalling ₹400 Lakhs could impact financial condition.
- Heavy dependence on e-commerce digital marketing limits negotiation power.
- Non-compliance with the Companies Act could lead to penalties actions.
- Relies on third-party transport, risking supply chain disruptions.
- Lacks non-compete agreement with Promoter, risking potential competition.
Swot Analysis for Macobs Technologies IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Macobs Technologies Limited
Plot No. A-305,
Backside National Handloom Corp. Vaishali Nagar,
Jaipur – 302021
Phone: +91 8062195170
Email: [email protected]
Website: https://macobstech.com/
IPO Registar Details
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Macobs Technologies IPO are:
- Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company.
- Working Capital Requirements.
- General corporate purposes.
- To meet the Issue expenses.