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
| IPO Opening Date | 17 February 2023 |
| IPO Closing Date | 21 February 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 23,28,000 Shares Worth ₹23.75 Crore Fresh Issue: 23,28,000 Shares Worth ₹23.75 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹96 – ₹102 |
| Market Lot | 1200 Shares |
| Min Order1 | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Macfos IPO – Date Schedule
| IPO Open Date | 17 February 2023 |
| IPO Close Date | 21 February 2023 |
| Basis of Allotment | 24 February 2023 |
| Initiation of Refunds | 27 February 2023 |
| Credit of Shares to Demat Account | 28 February 2023 |
| IPO Listing Date | 01 March 2023 |
Macfos IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1200 | 1,22,400 |
| Maximum | 1 | 1200 | 1,22,400 |
Competitive Strengths
- Extensive and diverse portfolio of electronic items and parts along with content rich platform.
- Strong, diverse and growing customer base.
- Scalable and reliable technology platform.
- Experienced Promoters with strong management team having domain knowledge.
- Consistent track record of profitable growth and strong financial performance.
Company Promoters
- Atul Maruti Dumbre
- Binod Prasad
- Nileshkumar Purshottam Chavhan
Object Of The Issue
- The Selling Shareholders will be entitled to the entire proceeds of the Offer.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 16.22 | 15.80 | 0.32 |
| 31 March 2021 | 27.33 | 25.21 | 1.58 |
| 31 March 2022 | 55.87 | 47.82 | 6.01 |
| 30 September 2022 | 36.05 | 32.06 | 2.95 |
Macfos IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.65% |
Macfos IPO Prospectus
Company Contact Information
| Macfos Limited S. No. 78/1, Sumant Building, Dynamic Logistics Trade Park, Dighi, Bhosari Alandi Road, Pune – 411-015 Phone: +91-022-68197600 Email: cs@robu.in Website: http://www.robu.in/ |
Macfos IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Macfos IPO Lead Manager(s)
| 1. Hem Securities Limited |
Macfos IPO FAQs
| What is Macfos IPO? Macfos IPO is a SME IPO. The issue is priced at ₹96 – ₹102 per equity share. The IPO is to be listed on NSE SME. |
| When Macfos IPO will open? The IPO is to open on 17 February 2023 for NII and Retail Investors. |
| What is Macfos IPO Investors Portion? The investors portion for QIB-50%, NII-15%, and Retail-35%. |
| How to Macfos IPO? You can apply Macfos IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Macfos IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Macfos”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Macfos IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Macfos”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Macfos IPO Size? Macfos IPO size is ₹23.75 crores. |
| What is Macfos IPO Price Band? Macfos IPO Price Band is ₹96 – ₹102. |
| What is Macfos IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,22,400 amount while the maximum bid is 1200 shares with ₹1,22,400. |
| What is the Macfos IPO Allotment Date? Macfos IPO allotment date is 24 February 2023. |
| What is the Macfos IPO Listing Date? Macfos IPO listing date is 01 March 2023. The IPO is to list on NSE SME. |
