Macfos IPO is an SME IPO.
About Macfos Ltd
Macfos Ltd, which was founded in 2017, specialises in online shopping. The business operates Robu.in, an e-commerce website and mobile application. The company sells a wide variety of electronic products, including sensors, motors, motor drivers, pumps, batteries, chargers, electronic modules & displays, and various other mechanical and electronic parts. It also sells robotic parts, drone parts, e-bike parts, IoT & Wireless items, 3D printers & parts, DIY learning kits, development boards, and Raspberry Pi (Single Board Computers & Peripherals).
For the purpose of procuring electrical goods and parts as of September 30, 2022, Macfos Limited has connections with over +140 domestic and international vendors. The business also has a portfolio of three owned brands that are made or purchased from outside sources.
The business features a fulfillment center with a 7,900 square foot floor area and third-party logistics services in Pune, Maharashtra. The business has fulfilled more than 2 lakh orders from more than 83,000 clients directly through the website and mobile application.
The company served more than 2 lakh orders in FY 2021–2022 from all 28 Indian states and 6 Indian Union Territories.
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. are just a few of the prestigious clients the business has worked with.
Macfos IPO Details
IPO Date | Feb 17, 2023 to Feb 21, 2023 |
Listing Date | Mar 1, 2023 |
Face Value | ₹10 per share |
Price | ₹96 to ₹102 per share |
Lot Size | 1200 Shares |
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. |
IPO Tentative Timetable
Event | Tentative Date |
---|---|
Opening Date | Feb 17, 2023 |
Closing Date | Feb 21, 2023 |
Basis of Allotment | Feb 24, 2023 |
Initiation of Refunds | Feb 27, 2023 |
Credit of Shares to Demat | Feb 28, 2023 |
Listing Date | Mar 1, 2023 |
Macfos IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹122,400 |
Retail (Max) | 1 | 1200 | ₹122,400 |
HNI (Min) | 2 | 2,400 | ₹244,800 |
Company Financials
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 |
Company Contact Information
Macfos Limited
S. No. 78/1, Sumant Building,
Dynamic Logistics Trade Park, Dighi,
Bhosari Alandi Road, Pune – 411-015
Phone: +91-022-68197600
Email: cs@robu.in
Website: http://www.robu.in/