Select Page

Macfos Limited IPO GMP, Price, Dates & Allotment Details 2023

Macfos Limited IPO GMP, Price, Dates & Allotment Details 2023

Macfos Limited IPO opens on February 17 and closes on February 21, 2023. According to the DRHP filed in SEBI, the company is planning to issue 2,328,000 shares through this public issue.

Primarily an e-commerce-based company, we are focused on the marketing of a broad range of electronic components that find application in basic and advanced engineering products and projects, including emerging technologies such as the Internet of Things (IoT), robotics, automation, drones, electric vehicles, 3D printing, and auto-guided vehicles. More than 12,000 SKUs of electronic components and parts make up the company’s vast portfolio, which enables customers including manufacturers, electrical and mechanical engineering students, educational institutions, researchers, and developers to quickly prototype and develop new products.

Through its own e-commerce website and mobile application, Robu.in, the company sells a broad range of electronic items, including robotic parts, drone parts, e-bike parts, etc.

As of September 30, 2022, the company is connected with over 140 overseas and domestic vendors for sourcing electronic items and parts. Macfos Limited is capable of delivering the products across India as well as overseas. In fiscal year 2021-22, the company served over 2 lakh orders from all 28 Indian states and 6 union territories. 

Objects of the Issue

The selling shareholders will be entitled to the entire proceeds of the offer.

Financial Highlights (Consolidated)

ParticularsPeriod ended on 30th Sep. 2022FY 2021-22FY 2020-21FY 2019-20
Net Worth1,20891231153
Total Assets2,5992,047942625
Total Borrowing938603350433
Total Revenue3,6055,5872,7341,622
Profit After Tax29660115833
(Amount in ₹ Lakhs)

Macfos Limited IPO – Details

According to the DRHP filed with SEBI, the company plans to issue 2,328,000 shares of face value of ₹ 10 each, aggregating up to ₹ [.] crore.

Issue TypeBook Built Issue IPO
IPO Price₹ 96 to ₹ 102 per share
Face Value₹ 10 per share
Market Lot1200 Shares
Issue Size2,328,000 shares of ₹ 10  (Aggregating up to ₹ 23.74 Crore)
Offer For Sale2,328,000 shares of ₹ 10  (Aggregating up to ₹ 23.74 Crore)
QIB Shares OfferedNot more than 50% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Offer
Retail Shares OfferedNot less than 35% of the Offer
Listing AtBSE SME
Company Promoters1. Atul Maruti Dumbre
2. Binod Prasad 
3. Nilesh kumar
4. Purshottam Chavhan

GMP – Macfos Limited IPO

Macfos Limited IPO GMP, or Grey Market Premium, are available here. The IPO GMP Premium updated day by day for IPOs’ running periods, and the GMP rates fluctuated and became stable some time later. The GMP rates are not 100% guaranteed. Please click here for GMP details.

Tentative Dates – Macfos Limited IPO

Macfos Limited IPO opens on February 17 and closes on February 21, 2023.

Opening DateFebruary 17, 2023
Closing DateFebruary 21, 2023
Basis of AllotmentFebruary 24, 2023
Initiation of RefundsFebruary 27, 2023
Credit of shares to Demat A/cFebruary 28, 2023
Listing DateMarch 1, 2023

Lot Size – Macfos Limited IPO

The lot size of the Macfos Limited IPO is 1,200 shares. A retail-individual investor can apply for up to 1 lot, i.e. 1,200 shares of  ₹ 122,400.

ApplicationsLotsSharesAmount 
Retail (Minimum)11,200₹ 122,400
Retail (Maximum)11,200₹ 122,400
HNI (Minimum)22,400₹ 244,800

Promoters Holdings – Macfos Limited IPO

Pre-issue Shares Holdings100%
Post-issue Shares Holdings73.65%

SWOT Analysis – Macfos Limited IPO

STRENGTHSWEAKNESSES
1. Extensive and diverse portfolio of electronic items and parts along with a content rich platform.
2. Strong, diverse and growing customer base.
3. Scalable and reliable technology platform.
4. Consistent track record of profitable growth and strong financial performance.
1. Dependent on external vendors for sourcing the product requirements: The company does not manufacture any of the electronic items and parts that they sell.
2. Company business depends on the growth of the online commerce industry in India.
OPPORTUNITIESTHREATS
1. Continue to grow the platform by offering new products and services.
2. The electronics market has grown at a CAGR of 14% from 2016-19 and is expected to accelerate at a CAGR of 16.6% in 2020-25, with the total demand likely to account for US$ 540 in FY25. 
1. Competitions from established players.
2. Change in technologies.
3. Change in consumer preference.

Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
Company Contact InformationMacfos Limited
S. No. 78/1, Sumant Building, Dynamic Logistics Trade Park,
Dighi, Bhosari Alandi Road, Pune – 411-015
Phone: +91-022-68197600
Email: [email protected]
Website: http://www.robu.in/
IPO RegistrarBigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
IPO Lead Manager(s)Hem Securities Limited 

FAQ’s

The finalisation of the basis of allotment for the Macfos Limited IPO will be done on February 24, 2023, and the allotted shares will be credited to your demat account by February 28, 2023.  Check the Macfos Limited IPO allotment status.

The Macfos Limited IPO shares listing date is March 1, 2023.

The investors’ portion for QIB - 50%,  NII (HNI) – 15%, and Retail – 35%.

Click here for more FAQs.

Leave a reply

Your email address will not be published. Required fields are marked *

Current IPO (Main Board)

Issuer CompanyOpenClose
Tata Technologies Ltd.--
Plaza Wires Ltd.29-Sep-234-Oct-23
27-Sep-233-Oct-23
Updater Services Ltd.25-Sep-2327-Sep-23
JSW Infrastructure ltd.25-Sep-2327-Sep-23
22-Sep-2326-Sep-23
20-Sep-2322-Sep-23
20-Sep-2322-Sep-23
Yatra Online Ltd.15-Sep-2320-Sep-23
14-Sep-2318-Sep-23

SME IPO

Issuer CompanyOpenClose
Rajgor Castor Derivatives Ltd.17-Oct-2320-Oct-23
WomanCart Ltd.16-Oct-2318-Oct-23
12-Oct-2316-Oct-23
Committed Cargo Care Ltd.6-Oct-2310-Oct-23
29-Sep-234-Oct-23
Karnika Industries Ltd.29-Sep-234-Oct-23
Plada Infotech Services Ltd.29-Sep-234-Oct-23
29-Sep-234-Oct-23
29-Sep-234-Oct-23
Vivaa Tradecom Ltd.27-Sep-234-Oct-23

RECENT COMMENT