Macobs Technologies Ltd

Macobs Technologies Ltd IPO

Macobs Technologies Ltd IPO Price Range is ₹71 - 75, with a minimum investment of ₹1,20,000 for 1600 shares.

₹1,20,000

/ 1600 shares

Minimum Investment

View Macobs Technologies Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹71 - 75

Open Date

2024-07-16

Close Date

2024-07-19

IPO Size

₹19.46 Cr

Lot Size

1600 shares

Min Investment

₹1,20,000

Listing Exchange

NSE

Macobs Technologies Ltd IPO Application Timeline

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

Strengths and Risks

Strengths

Strengths

  • 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.


Risks

Risks

  • 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.

How to Apply for Macobs Technologies Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Macobs Technologies Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Macobs Technologies Ltd

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.

Frequently Asked Questions of Macobs Technologies Ltd IPO

What is the size of the Macobs Technologies Ltd IPO?

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

What is the allotment date of the Macobs Technologies Ltd IPO?

Macobs Technologies Ltd IPO allotment date is Jul 22, 2024 (tentative).

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

The Macobs Technologies Ltd IPO will open on Jul 16, 2024 and close on Jul 19, 2024

What is the lot size of Macobs Technologies Ltd IPO?

The lot size for the Macobs Technologies Ltd IPO is 1600.

When will my Macobs Technologies Ltd IPO order be placed?

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

Can we invest in Macobs Technologies Ltd IPO?

Yes, once Macobs Technologies Ltd IPO opens, you can invest in the shares of the company.

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.

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.