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MTMACOBSTECHListed

Macobs Technologies Limited

Bookbuilding IPO · NSE

Price band
₹71 - ₹75
Lot size
1,600 shares
Issue amount
₹19.46 cr
Total subscription
195.06×
Current price₹195
Listing price ₹96
Watch live price ↗
Opens
16 Jul 2024
Closes
19 Jul 2024
Allotment
22 Jul 2024
Listing
24 Jul 2024

Offer at a glance

Issue overview

Issue size
25,95,200 shares
Face value
₹10 per share
Minimum investment
₹1,13,600
Fresh issue
₹19.46 cr
Offer for sale
₹0 cr
Registrar
Maashitla Securities Private Limited
Listing exchange
NSE
Maximum investment
₹3,200
Issue type
Bookbuilding IPO
Shares before issue
72,00,000
Shares after issue
97,95,200

Lot sizes

CategoryLotsSharesAmount
RETAIL11,600₹1,20,000
HNI23,200₹2,40,000

Share reservation

RETAIL33.23%
NII (HNI)33.23%
Anchor17.08%
QIB11.41%
Market Maker5.05%

Subscription & GMP

Subscription by category

Total subscribed195.06×

Missing multiples are calculated from bids and offered shares when available.

QIB88.92×
NIB265.18×
RETAIL161.38×

GMP history

07146 Mar: ₹1421 Nov: ₹14
6 Mar₹1421 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs2.22197.4
RETAIL6.471,043.78
NIB6.471,715.16

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
01,0002,0003,000Mar-22 · Revenue: 602.3Mar-22 · Profit after tax: 38.89Mar-22Mar-23 · Revenue: 1,482.81Mar-23 · Profit after tax: 204.5Mar-23Mar-24 · Revenue: 2,074.67Mar-24 · Profit after tax: 221.27Mar-24
RevenueProfit after tax

Key performance indicators

MetricMar-24Mar-23Mar-22
EPS4.434.10.78
ROE36.06143.76189.23
ROCE30.53106.0296.3
RONW22.5283.6497.23
PRE IPO(PE)24.400
POST IPO(PE)24.400

Values and labels as reported in the issue data.

Company information

Company profile

Founded in 2019, Macobs Technologies Limited specializes in male grooming products, offering trimmers for sensitive areas, hygiene products, briefs, and self-care items. Operating exclusively through its e-commerce platform, https://menhood.in/, the company targets niche markets with a focus on men's under-the-belt grooming while leveraging online retail for efficiency. Macobs emphasizes customer engagement, sustainability through eco-friendly packaging, and educational initiatives to reshape societal views on male grooming. The company employs 15 full-time staff dedicated to product quality and customer service.

Strengths

  • Strong Partnerships: Collaborations with key e-commerce agencies help expand market reach and improve efficiency.
  • Smooth Operations: Streamlined systems and processes across all departments ensure seamless day-to-day functioning.
  • Tech-Driven Expertise: Advanced technology combined with a skilled team delivers innovative and reliable solutions.

Risk factors

  • Geopolitical and Forex Risk: Importing electronic products from China can be risky due to political tensions and currency value changes, which may impact product costs and supply availability.
  • Leased Premises: The company operates from rented offices, which means there’s a chance of business disruptions or relocation if the lease ends or terms change.
  • Legal Proceedings: Ongoing legal cases involving the company, its promoter, and directors could lead to financial losses and harm the company’s reputation if the verdicts are not in their favor.

Promoters

Shivam Bhateja

Dushyant Gandotra

Divya Gandotra

Registrar & documents

Lead manager

SKI Capital Services Limited

Registered office

Plot No. A-305, Backside National Handloom Corp. Vaishali Nagar, Jaipur - 302021

+91 8062195170

[email protected]Company website ↗

Understanding MACOBSTECH IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.