Macfos Ltd (BSE SME)

Feb 17, 2023 - Feb 21, 2023

Price ₹96 - ₹102
Premium ₹80
Lot size 1200
Allotment Feb 24, 2023
Listing Mar 1, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 1200 122400 0
HNI 2 2400 244800 0
Investor CategorySubscription (times)
Qualified Institutions21.60
Non-Institutional Buyers659.99
Retail Investors268.45
Employees[.]
Others[.]
Total193.87
About
Issue Size 2,328,000 shares of ₹10
(aggregating up to ₹23.74 Cr)
Offer for Sale 2,328,000 shares of ₹10
(aggregating up to ₹23.74 Cr)
Issue Type Book Built Issue IPO
Listing At BSE SME
P/E (x) 15.22
Market Cap (₹ Cr.) 90.12
QIB Shares Offered Not more than 50% of the Net Offer
NII (HNI) Shares Offered Not less than 15% of the Offer
Retail Shares Offered Not less than 35% of the Offer
Market Maker HEM SECURITIES LTD.
Company Promoters

Atul Maruti Dumbre, Binod Prasad and Nileshkumar Purshottam Chavhan are the company promoters.

Incorporated in 2017, Macfos Limited is primarily an e-commerce company. The company has an e-commerce website and mobile application, Robu.in. The company sell a broad range of electronic items, including robotic parts, drone parts, E-bike parts, IoT & Wireless items, 3d printer & parts, DIY learning kits, development boards, Raspberry Pi (Single board computers& Peripherals), sensors, motors, motor drivers, pumps, batteries, chargers, electronic modules & displays and various other mechanical and electronic components.

As on September 30, 2022, Macfos Limited is connected with over +140 overseas and domestic vendors for sourcing electronic items and parts. The company also have a portfolio of 3 owned brands, which are manufactured/procured from third parties.

The company has a fulfilment Centre in Pune, Maharashtra comprising of 7,900 sq. ft. area and third-party logistics services. The company have served over 2 lakh orders placed by over 83,000 consumers on the website, mobile application and directly

In F.Y. 2021-22, the company have served over 2 lakh orders from all the 28 states of India and 6 Union Territories of India.

Some of the esteemed customers which have been served by the company include ONGC, M&M, Hindustan Aeronautics Ltd., Tata Power Solar Systems Ltd., Central Electronics Engineering Research Institute, Pilani, Wipro Enterprises Pvt. Ltd., Bharat Forge Ltd., Tata Communications Ltd., Schneider Electric India Private Limited etc.

Company Financials

Macfos Limited Financial Information (Restated)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing
31-Mar-20 624.62 1,622.16 32.97 52.55 51.55 433.12
31-Mar-21 941.75 2,733.76 158.31 310.66 309.64 350.13
31-Mar-22 2,047.20 5,587.07 601.27 911.93 910.91 603.26
30-Sep-22 2,598.74 3,605.40 295.85 1,207.78 1,206.76 938.00
Amount in ₹ Lakhs
Lead Manager(s)
Strength
Weakness
Registrar

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