Macobs Technologies Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Macobs Technologies Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹75
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,20,000
Issue Size
₹19.46 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
30%
NII Quota
35%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Macobs Technologies Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
64.97%
Issue Type
Book Building - SME
ISIN
INE0R0J01010
About the Company
Macobs Technologies Limited operates an e-commerce platform Menhood.in specializing in below-the-belt grooming products for men. The website offers a curated selection of trimmers, skincare, and various grooming essentials. Operating within the legal framework, menhood.in provides a seamless online shopping experience for customers seeking quality products tailored to male grooming needs.
Industry Overview
Macobs Technologies Limited operates within the rapidly growing men's e-commerce grooming industry, focusing specifically on below-the-belt grooming products. The industry is characterized by a rising demand for specialized grooming tools and cosmetics catering to men's grooming needs. With an increasing emphasis on personal care and grooming among men, the industry is dynamic, reflecting evolving consumer preferences and a heightened awareness of personal grooming.
Company History
Macobs Technologies Limited was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of "Macobs Technologies Private Limited" bearing Corporate Identification Number U74999RJ2019PTC066608 dated October 14, 2019 issued by the Registrar of Companies, Rajasthan. Subsequently, the name of the Company was changed to "Macobs Technologies Limited" and a fresh Certificate of Incorporation dated August 07, 2023 was issued by the Registrar of Companies, Rajasthan. As on date of this Red Herring Prospectus, the Corporate Identification Number of the Company is U74999RJ2019PLC066608.
Products & Services
- Macobs Technologies Limited operates an e-commerce platform Menhood.in specializing in below-the-belt grooming products for men.
Growth Strategy
- Product Innovation and Diversity.
- Educational Resources and Awareness.
- Customer-Centric Approach.
- Open and Empowering Brand Messaging.
- Emphasis on Well-being and Confidence.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
The issue comprise of a public issue of 25,95,200 equity shares of face value of Rs. 10/- each fully paid (the "Equity Shares") for cash at a price of Rs. 75/- per equity shares (including a premium of Rs. 65/- per equity share) aggregating to Rs. 19.46/- crores ("The Issue") by the company. The issue comprises a reservation of which 1,31,200 equity shares of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregatting to Rs. 0.98 crores were be reserved for subscription by market maker reservations portion and a net issue to the public of 24,64,000 equity shares of Rs. 10/- each at a cash price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregatting to Rs. 18.48 hereinafter referred to as the net issue. The issue and the net issue will constitute 26.49% and 25.16% respectively of the post issue paid up equity share capital of the company. Issue Price Rs. 75 per equity share of face value of Rs. 10 each. The issue price is 7.5 times of the face value.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Strong partnerships, alliances and affiliations with nodal agencies in the area of E-commerce.
- Robust systems and processes across all functions of the company.
- Strong technology backbone supported by a dedicated team of experienced professionals.
- Favourable macro environment.
- Its electronic products are imported from China and expose the company to geopolitical and foreign exchange risk.
- The company does not own its registered office and the locations from which the company operate.
- There are certain pending legal proceedings involving the Company as well as the Promoter and Directors of the Company. Any adverse outcome on such proceedings may affect its business, financial condition and reputation.
- The company is significantly dependent on Major E-commerce Platforms and Digital Media Marketing for the sale of its products.
- The company has not complied with certain statutory provisions of the Companies Act. Such non-compliance may attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.