Macfos Limited
BSE SME₹122,400 / 1200 Shares
Macfos Limited IPO Details
The Macfos Limited IPO price band is set between ₹96 to ₹102 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 17 Feb, 2023 and closes on 21 Feb, 2023. Investors can check the allotment status on 24 Feb, 2023, while the listing date is tentatively scheduled for 1 Mar, 2023.
The total issue size is Offer for Sale: 2,328,000 shares of ₹10 , aggregating up to ₹23.74 Cr. Stay tuned for the latest Macfos Limited IPO review and GMP updates.
Macfos Limited IPO Review, Rating & Analysis
Macfos Limited IPO Review
NO REVIEWMacfos Limited IPO Rating
Macfos Limited IPO Highlights
IPO Date
Feb 17, 2023 - Feb 21, 2023
Listing Date
1 Mar, 2023
Face Value
₹10 Per Equity Share
Price Band
₹96 to ₹102 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Macfos Limited IPO Lot Size
The minimum market lot for Macfos Limited IPO is 1200 shares with an application amount of ₹1,22,400. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,22,400 |
| Retail (Max) | 1 | 1200 | ₹1,22,400 |
| S-HNI (Min) | 2 | 2400 | ₹2,44,800 |
| S-HNI (Max) | 8 | 9600 | ₹9,79,200 |
| B-HNI (Min) | 9 | 10800 | ₹11,01,600 |
Macfos Limited IPO Timeline
Issue Price
₹96 to ₹102 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Hem Securities LimitedIssue Size
Offer for Sale: 2,328,000 shares of ₹10 (aggregating up to ₹23.74 Cr)Macfos Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 22 | 2598.74 | 3605.4 | 295.85 | - | - | - |
| 31 Mar 22 | 2047.2 | 5587.07 | 601.27 | - | - | - |
| 31 Mar 21 | 941.75 | 2733.76 | 158.31 | - | - | - |
| 31 Mar 20 | 624.62 | 1622.16 | 32.97 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Atul Maruti Dumbre
- Binod Prasad
- Nileshkumar Purshottam Chavhan
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.65% |
About Company
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.
Macfos Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,104,000 / 332,400 | 775,200 | 2,328,000 |
Day 1 -17-02-23 06:00 PM | 0.01 / 5.94 x | 18.52 x | 7.02 x |
Day 2 -20-02-23 06:00 PM | 2.60 / 55.49 x | 93.46 x | 40.28 x |
Day 3 -21-02-23 06:00 PM | 21.60 / 659.99 x | 268.45 x | 193.87 x |
Frequently Asked Questions about Macfos Limited IPO
When will Macfos Limited IPO open for subscription?
The Macfos Limited IPO opens on 17 Feb, 2023 and closes on 21 Feb, 2023.
What is the investors portion for Macfos Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 775200.
How to apply for Macfos Limited IPO?
You can apply for Macfos Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Macfos Limited IPO?
The issue size of Macfos Limited IPO is approx ₹Offer for Sale: 2,328,000 shares of ₹10 (aggregating up to ₹23.74 Cr) crores.
What is the price band of Macfos Limited IPO?
The price band for Macfos Limited IPO is ₹96 to ₹102 per equity share to ₹undefined.
What is the lot size of Macfos Limited IPO?
The minimum bid (lot size) for Macfos Limited IPO is N/A shares with an investment of approx ₹122,400 .
What is the allotment date of Macfos Limited IPO?
The allotment date for Macfos Limited IPO is 24 Feb, 2023.
What is the listing date of Macfos Limited IPO?
The listing date for Macfos Limited IPO is expected to be 1 Mar, 2023.
What is the GMP of Macfos Limited IPO?
The latest Grey Market Premium (GMP) for Macfos Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.