Macobs IPO listed @ Rs. 96

July 24, 2024 admin Leave a reply Post Comment

Macobs Technologies IPO GMP grey market premium, review, Subscription, allotment, listing estimate @

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Table of Contents

What is the business of Macobs Technologies?

The Company operates within the male grooming industry, specializing in the niche area of below-the-belt grooming, and conducts its business exclusively through e-commerce channels such as its website https://menhood.in/, without maintaining physical stores or a traditional retail footprint. This focus addresses a significant gap in the market, particularly in regions where discussion around such aspects of personal care is often limited. It offers a range of products specifically designed for men’s grooming needs, encompassing tools like specialized trimmers for sensitive areas, hygiene products tailored for male skin, and a variety of self-care items. These products are developed with a commitment to innovation, safety, and effectiveness, catering to the unique requirements of their target demographic.
Beyond its product range, the Company is dedicated to educating and changing societal perceptions about male grooming, primarily leveraging online platforms. This involves creating and sharing content that promotes awareness and open conversation on topics traditionally considered taboo. The company’s approach is deeply customer-centric, focusing on understanding and meeting the
evolving needs of its consumers through digital engagement and feedback mechanisms.
As part of its operational strategy, it imports electronic components essential for its products from China. This strategic decision is driven by the need to access high-quality materials and advanced technology, ensuring that its offerings meet the highest standards of quality and innovation. However, this approach introduces specific risks associated with international trade, particularly given the geopolitical dynamics between India and China.

Get more information about the company @ https://macobstech.com

Who are the Promoters of Macobs Technologies IPO?

The promoters of the company are (i) Shivam Bhateja (ii) Dushyant Gandotra (iii) Divya Gandotra

What are the Objects of Macobs Technologies IPO?

The Offer comprises of only fresh issue of shares.

The objectives of the Offer are to:

1.Customer Acquisition – Marketing & Awareness
2.Prepayment or repayment of a portion of certain outstanding borrowings availed by the company;
3.Working Capital Requirements;
4.General corporate purposes; and
5.To meet the Issue expenses. 

Macobs Technologies IPO Review

The Company operates within the male grooming industry, specializing in the niche area of below-the-belt grooming, and conducts its business exclusively through e-commerce channels such as its website https://menhood.in/, without maintaining physical stores or a traditional retail footprint. This focus addresses a significant gap in the market, particularly in regions where discussion around such aspects of personal care is often limited.
Size:  Net size of the IPO is Rs. 18.48 crore, which is not so large, compared to other SME IPOs. The retail portion is Rs. 6.47 Crore and NII portion is Rs.6.47 Crore. 
Financial Snapshot: Looking to its product offerings, the company has dispalyed good topline and bottom-line. However, its product portfolio can be made available on other popular websites. We believe the company cannot be compared with Honasa or Nykaa because of scale of operations and product portfolio. We consider the IPO not so attractive.
+ from fundamental angle: May Avoid.
+ from grey market angle: so-so

Quicklinks

• Staffavailable.com
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Macobs Technologies IPO GMP today allotment, review?

Macobs Technologies IPO GMP grey market premium

Macobs Technologies IPO FAQs

What is Macobs Technologies IPO?

This is a SME IPO of 2595200 equity shares of the face value of Rs. 10 aggregating up to Rs.19.46 Crores. The issue is priced at Rs.71-75 per share. The minimum order quantity is 1600 Shares.

When will Macobs Technologies IPO subscription open?

The IPO opens on July 16, 2024, and closes on July 19, 2024.

What is the lot size of Macobs Technologies IPO?

The IPO lot size is 1600 Shares, and the minimum amount required is Rs.120000

How to apply for Macobs Technologies IPO?

You can apply in this IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Macobs Technologies IPO allotment?

The finalization of Basis of Allotment for this IPO will be done on 22 July, 2024, and the allotted shares will be credited to your demat account by July 23, 2024.

When is Macobs Technologies IPO listing date?
This IPO listing date is July 24, 2024.