Macobs Technologies Limited (NSE SME)
Jul 16, 2024 - Jul 19, 2024
| Price | ₹71 - ₹75 |
| Premium | ₹14 |
|---|---|
| Lot size | 1600 |
| Allotment | Jul 22, 2024 |
| Listing | Jul 24, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 120000 | 539 |
| HNI | 2 | 3200 | 240000 | 539 |
Last updated on 19-Jul-2024 17:02:01
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 296000 | 26320000 | 88.92 |
| NIB | 862400 | 228688000 | 265.18 |
| RETAIL | 862400 | 139171200 | 161.38 |
| Total | 2020800 | 394179200 | 195.06 |
| Retail Apps | 86982 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹26.7 | @8% ₹30.51 | @9% ₹34.33 | @10% ₹38.14 | @11% ₹41.96 | @12% ₹45.77 |
Macobs Technologies IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.23% | 862400 |
| NII (HNI) | 33.23% | 862400 |
| Anchor | 17.08% | 443200 |
| QIB | 11.41% | 296000 |
| Market Maker | 5.05% | 131200 |
| Total | 100.00% | 2595200 |
Macobs Technologies IPO Details
| 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 |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 36.06% | 143.76% | 189.23% |
| ROCE | 30.53% | 106.02% | 96.30% |
| RONW | 22.52% | 83.64% | 97.23% |
| EPS (basic) | 4.43 | 4.10 | 0.78 |
| P/E Pre IPO | 24.4 | ||
| P/E Post IPO | 33.2 |
Company Financials
Macobs Technologies Limited Financial Information (Restated)
Macobs Technologies Limited's revenue increased by 39.91% and profit after tax (PAT) rose by 8.2% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|
| Assets | 1,443.44 | 595.05 | 152.51 |
| Revenue | 2,074.67 | 1,482.81 | 602.30 |
| Profit | 221.27 | 204.50 | 38.89 |
| Net Worth | 720.00 | 1.00 | 1.00 |
| Reserves | 262.77 | 243.50 | 39.00 |
| Borrowing | 250.14 | 107.35 | 20.84 |
| Amount in ₹ Lakhs | |||
About Company
Founded in 2019, Macobs Technologies Limited specializes in male grooming products, offering a range of items including specialized trimmers for sensitive areas, hygiene products tailored to male skin, briefs, and various self-care products. Operating exclusively through its e-commerce website, https://menhood.in/, the company avoids the overheads of physical stores and leverages the flexibility of online retail. Macobs Technologies' competitive strengths include targeting niche markets with a focus on men's under-the-belt grooming, an innovative product range that meets specific grooming needs, and a customer-focused approach that emphasizes engagement and feedback. Additionally, the company is committed to sustainability and ethics through eco-friendly packaging and sustainable sourcing. With educational initiatives to change societal views on male grooming, Macobs Technologies builds brand authority and trust. The company employs 15 full-time employees dedicated to maintaining high standards of product quality and customer service.
Strength Factors
Strategic Partnerships: Strong alliances with nodal agencies in the e-commerce sector enhance market reach and operational efficiency.
Robust Operations: Well-developed systems and processes across all company functions ensure smooth and effective operations.
Technology and Expertise: A solid technology backbone supported by a dedicated team of experienced professionals drives innovation and reliability.
Risk Factors
Geopolitical and Forex Risk: Importing electronic products from China exposes the company to geopolitical tensions and foreign exchange fluctuations, potentially affecting costs and supply stability.
Leased Premises: Not owning the registered office and operational locations increases the risk of potential disruptions or relocations impacting business continuity.
Legal Proceedings: Pending litigation involving the company, promoter, and directors could result in liabilities and damage to the company's reputation and financial condition if outcomes are unfavorable.
Macobs Technologies IPO Lead Manager(s)
- SKI Capital Services Limited
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues