Macobs Technologies Ltd

Macobs IPO

Macobs Technologies Ltd

₹1,13,600 /1600 sharesMinimum investment

IPO details

Minimum investment
₹1,13,600
Price range
₹71 - ₹75
Lot size
1,600
Issue size
19.46 Cr
Face value
10
IPO document

Subscription rate

Data will be available soon

Schedule

16 Jul 2024
IPO open date
19 Jul 2024
IPO close date
22 Jul 2024
Allotment date
22 Jul 2024
Funds unblock or debit
24 Jul 2024
Tentative listing date

About

Macobs Technologies operates in the male grooming industry, with its niche area being below-the-belt grooming. The company conducts its business exclusively through e-commerce channels. It offers a range of products specifically designed for men's grooming needs, including trimmers for sensitive areas, hygiene products tailored for male skin, and various self-care items. To produce these products, Macobs Technologies imports electronic components from China.;
Founded in
2019
MD/CEO
Mr. Dushyant Gandotra
Parent organisation
Macobs Technologies Ltd

Macobs Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
6.0114.7820.62202220232024

Strengths & Risks

Strengths
Risks
Operating exclusively online enables Macobs Technologies to reach a broader market, reduce overhead costs, and scale operations flexibly.
By offering specialised products tailored to unique grooming needs, the company meets a specific market demand.
Macobs Technologies undertakes eco-friendly packaging and sustainable sourcing, aligning with the growing consumer consciousness about environmental and social responsibility.
Revenue and profit after tax (PAT) have risen consistently over the years. The former grew from Rs 6.01 crore in FY22 to Rs 14.78 crore in FY23 and further to Rs 20.62 crore in FY24, PAT rose from Rs 0.39 crore in FY22 to Rs 2.04 crore in FY23, reaching Rs 2.21 crore in FY24.
Macobs Technologies relies heavily on imported electronics from China, exposing the company to risks linked to geopolitical tensions between India and China. Changes in these international relations could result in trade restrictions, altered import duties, or disruptions in the supply chain.
The company, along with its promoters and directors, is involved in ongoing legal proceedings. Any unfavourable judgments in these cases could negatively impact the company’s business.
The company relies on a few key suppliers for its product purchases. The loss of any major supplier could significantly impact the company’s business operations.
The company has experienced negative cash flows in the past. Any repeat of this could hurt the company’s future business prospects.

Application details

For Macobs IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹71 - ₹75₹2 - ₹5 Lakhs1600
High Networth Individual₹71 - ₹75₹2 - ₹5 Lakhs1600

Frequently Asked Questions