Incorporated in 2017, Macfos Limited is primarily an e-commerce company. The company has an e-commerce website and mobile application, Robu.in. The company sell a broad range of electronic items, including robotic parts, drone parts, E-bike parts, IoT & Wireless items, 3d printer & parts, DIY learning kits, development boards, Raspberry Pi (Single board computers& Peripherals), sensors, motors, motor drivers, pumps, batteries, chargers, electronic modules & displays and various other mechanical and electronic components.
As on September 30, 2022, Macfos Limited is connected with over +140 overseas and domestic vendors for sourcing electronic items and parts. The company also have a portfolio of 3 owned brands, which are manufactured/procured from third parties.
The company has a fulfilment Centre in Pune, Maharashtra comprising of 7,900 sq. ft. area and third-party logistics services. The company have served over 2 lakh orders placed by over 83,000 consumers on the website, mobile application and directly
In F.Y. 2021-22, the company have served over 2 lakh orders from all the 28 states of India and 6 Union Territories of India.
Some of the esteemed customers which have been served by the company include ONGC, M&M, Hindustan Aeronautics Ltd., Tata Power Solar Systems Ltd., Central Electronics Engineering Research Institute, Pilani, Wipro Enterprises Pvt. Ltd., Bharat Forge Ltd., Tata Communications Ltd., Schneider Electric India Private Limited etc.
Macfos IPO Details
Macfos IPO is a Book Built Issue. The IPO total issue size is Rs 23.74 Cr. The Macfos IPO price is ₹96 to ₹102 per share. The IPO will list on BSE SME.
| IPO Date | Feb 17, 2023 to Feb 21, 2023 |
| Listing Date | Mar 1, 2023 |
| Face Value | ₹10 per share |
| Price | ₹96 to ₹102 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 2,328,000 shares (aggregating up to ₹23.74 Cr) |
| Offer for Sale | 2,328,000 shares of ₹10 (aggregating up to ₹23.74 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 116,400 shares |
Macfos IPO Reservation
Macfos IPO a total of 2,444,400 shares are offered. QIB: 1,104,000 (45.16%), RII: 775,200 (31.71%), NII: 332,400 (13.60%).
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 116,400 (4.76%) |
| QIB Shares Offered | 1,104,000 (45.16%) |
| NII (HNI) Shares Offered | 332,400 (13.60%) |
| Retail Shares Offered | 775,200 (31.71%) |
| Total Shares Offered | 2,444,400 (100%) |
Macfos IPO Timetable (Tentative)
Macfos IPO opens on Feb 17, 2023, and closes on Feb 21, 2023.
| IPO Open Date | Friday, 17 February 2023 |
| IPO Close Date | Tuesday, 21 February 2023 |
| Basis of Allotment | Friday, 24 February 2023 |
| Initiation of Refunds | Monday, 27 February 2023 |
| Credit of Shares to Demat | Tuesday, 28 February 2023 |
| Listing Date | Wednesday, 1 March 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Feb 21, 2023 |
Macfos IPO Lot Size
The minimum lot size of this Macfos IPO is 1200 shares required is ₹122,400.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹122,400 |
| Retail (Max) | 1 | 1200 | ₹122,400 |
| HNI (Min) | 2 | 2,400 | ₹244,800 |
Macfos IPO Promoter Holding
Atul Maruti Dumbre, Binod Prasad and Nileshkumar Purshottam Chavhan are the company promoters.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.65% |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 624.62 | 1,622.16 | 32.97 | 52.55 | 51.55 | 433.12 |
| 31-Mar-21 | 941.75 | 2,733.76 | 158.31 | 310.66 | 309.64 | 350.13 |
| 31-Mar-22 | 2,047.20 | 5,587.07 | 601.27 | 911.93 | 910.91 | 603.26 |
| 30-Sep-22 | 2,598.74 | 3,605.40 | 295.85 | 1,207.78 | 1,206.76 | 938.00 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator
Macfos IPO Market Cap is Rs 90.12 Cr and P/E (x) is 15.22.
| KPI | Values |
|---|---|
| P/E (x) | 15.22 |
| Market Cap (₹ Cr.) | 90.12 |
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