Macobs IPO
Macobs Technologies Ltd
₹1,13,600 /1600 sharesMinimum Investment
Macobs IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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16 Jul ‘24 - 19 Jul ‘24 | ₹1,13,600 | 1,600 | ₹71 - ₹75 |
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.;
Managing director
Mr. Dushyant Gandotra
Parent organisation
Macobs Technologies Ltd
Strengths & Financials of Macobs
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.
Macobs Financials
*All values are in Rs. Cr
Application Details of Macobs IPO
Apply as | Price band | Apply Range |
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Regular | ₹71 - 75 | ₹2 - 5 Lakh |
High Networth Individual | ₹71 - 75 | ₹2 - 5 Lakh |
For Macobs IPO, eligible investors can apply as Regular.