Macobs Technologies Ltd

Macobs Technologies Ltd IPO

IPO Price Range: ₹71 - 75

Macobs Technologies Limited operates an e-commerce platform Menhood.in specializing in below-the-belt grooming products for men. The website offers a curated selection of trimmers, skincare, and various grooming essentials. Operating within the legal framework, menhood.in provides a seamless online shopping experience for customers seeking quality products tailored to male grooming needs.

Min Investment

₹1,20,000

IPO Size

₹19 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Macobs Technologies Ltd

Open Date16 Jul 2024
Close Date19 Jul 2024
Allotment Date22 Jul 2024
Listing Date24 Jul 2024

Key Statistics

Bid Opening DateBid Opening Date16 Jul 2024
Bid Closing DateBid Closing Date19 Jul 2024
Allotment DateAllotment Date22 Jul 2024
Issue SizeIssue Size₹19.46Cr
Quantity in 1 lotQuantity in 1 lot1600

Strength and risks

Strength

Strength

  • Robust systems and processes across all functions of the company.

  • Strong technology backbone supported by a dedicated team of experienced professionals.

  • Favourable macro environment.

  • Strong partnerships, alliances and affiliations with nodal agencies in the area of E-commerce.


Risk

Risk

  • Its electronic products are imported from China and expose the company to geopolitical and foreign exchange risk.

  • The company does not own its registered office and the locations from which the company operate.

  • There are certain pending legal proceedings involving the Company as well as the Promoter and Directors of the Company. Any adverse outcome on such proceedings may affect its business, financial condition and reputation.

  • The company is significantly dependent on Major E-commerce Platforms and Digital Media Marketing for the sale of its products.

  • The company has not complied with certain statutory provisions of the Companies Act. Such non-compliance may attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.

  • The company is partly dependent on third party transportation providers for delivery of goods and materials to it from its suppliers and delivery of products to the company clients. Any failure on part of such service providers to meet their obligations could have a material adverse effect on its business, financial condition and results of operation.

  • The company does not have a Non-Compete Agreement with its Promoter.

  • Certain adjustments have been made in the financial statements of the Company by its Peer Reviewed Auditors.

  • The Company has delayed payment of Government and statutory dues, and has been penalized.

  • The restated financial statements have been provided by peer reviewed chartered accountants who are not the statutory auditors of the Company.

Promoters Holding

Investors Holdings %
Shivam Bhateja32.48%
Dushyant Gandotra32.48%
Divya Gandotra0.01%

About Macobs Technologies Ltd

OrganisationMacobs Technologies Ltd
HeadquartersJaipur
IndustryE-Commerce/App based Aggregator

Frequently Asked Questions

  • What is the size of the Macobs Technologies Ltd IPO?

    The size of the Macobs Technologies Ltd IPO is ₹19.46Cr .

  • What is 'pre-apply' for Macobs Technologies Ltd IPO?

    'Pre-apply' for Macobs Technologies Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Macobs Technologies Ltd IPO order be placed?

    Your Macobs Technologies Ltd IPO order will be placed on 16 Jul 2024.

  • What are the open and close dates of the Macobs Technologies Ltd IPO?

    The open and close dates of the Macobs Technologies Ltd IPO are 16 Jul 2024 to 19 Jul 2024.

  • What is the lot size and minimum order quantity of the Macobs Technologies Ltd IPO?

    The lot size and minimum order quantity of the Macobs Technologies Ltd IPO are 1600 and 1600 respectively.

  • What would be the listing gains on the Macobs Technologies Ltd IPO?

    The potential listing gains on the Macobs Technologies Ltd IPO will depend on various market factors and cannot be predicted with certainty.