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Macobs Technologies IPO
Price Band
₹71.0–75.0
Issue Size
₹19.46 Cr
Lot Size
1,600 shares
Min Investment
₹120,000
GMP
+₹14.0 (18.67%)
Issue Price
₹75.0
Subject to Sauda
₹17000
Paid only if allotted
Macobs Technologies IPO AI Summary
- Macobs Technologies IPO is listed on NSE SME in the Personal Care sector.
- Price band: ₹71.0–₹75.0 per share, lot size 1,600 shares (min. investment ₹120,000).
- Subscription window: 16 Jul–19 Jul 2024, listing on 24 Jul 2024.
- Current GMP is +₹14.0 (18.67%), an estimated listing price of ₹89 — unofficial and can change daily.
Macobs Technologies Limited is a niche player in the male grooming sector with a strong online presence and innovative product offerings. The company has shown consistent revenue and profit growth, and it aims to utilize the IPO proceeds for marketing, debt repayment, working capital, and general corporate purposes.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Macobs Technologies IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 19 Jul 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Macobs Technologies IPO Grey Market Premium (GMP) Today
GMP
+₹14.0
GMP %
+18.67%
Est. Listing
₹89.0
Updated: 25 Jul 2026 14:05
About the Company
Macobs Technologies Limited was founded in 2019 and offers products for male grooming. The company offers specialized trimmers for sensitive areas, hygiene products tailored to male skin, briefs, and a variety of self-care items via its website https://menhood.in/. The company does not have physical stores or a traditional retail presence. Competitive strengths: Targeting niche markets: By focusing on men's under-the-belt grooming, the company stands out in a market that has largely neglected this area. E-commerce strategy: Operating exclusively online increases market reach, reduces overheads, and provides operational flexibility. Innovative product range: Developing specialized products for specific grooming needs meets a particular market demand. Customer-focused approach: Emphasizing customer needs and preferences as well as active engagement and feedback strengthens customer relationships. Educational content strategy: Initiatives to educate and change societal views on male grooming help build brand authority and trust. Sustainability and ethics: The commitment to eco-friendly packaging and sustainable sourcing is in line with the increasing consumer focus on environmental and social responsibility. The company has 15 full-time employees.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 14.43 | 5.95 | 1.53 |
| Total Income | 20.75 | 14.83 | 6.02 |
| Profit After Tax | 2.21 | 2.05 | 0.39 |
| NET Worth | 7.20 | 0.01 | 0.01 |
| Reserves and Surplus | 2.63 | 2.44 | 0.39 |
| Total Borrowing | 2.50 | 1.07 | 0.21 |
Key Ratios
EPS
₹3.07
NAV
₹13.65
ROE
36.06%
ROCE
30.53%
RoNW
22.52%
P/B Value
5.49
P/E Ratio
24.4
Market Cap
₹73.46 Cr
PAT Margin
10.73%
Peer Comparison
| Company | P/E (x) |
|---|---|
| Honasa Consumer Limited | 143 |
| Fsn E-commerce Ventures Limited | 1518 |
| Macobs Technologies Limited This IPO | — |
Promoters
Shivam Bhateja, Dushyant Gandotra and Divya Gandotra
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Customer Acquisition - Marketing & Awareness 2.00 2 Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company; 1.50 3 Working Capital Requirements 12.00 4 General corporate purposes; and 2.57
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹6.02 Cr in the year ending 31 Mar 2022, increasing to ₹14.83 Cr by 31 Mar 2023, and further rising to ₹20.75 Cr by 31 Mar 2024. This shows a consistent upward trend in revenue over the periods.
Profit Trend
Profit after tax was ₹0.39 Cr in the year ending 31 Mar 2022, increasing to ₹2.05 Cr by 31 Mar 2023, and further rising to ₹2.21 Cr by 31 Mar 2024. This indicates a steady growth in profitability across the periods.
Valuation
At the issue price of ₹75.0, Macobs Technologies has an implied P/E ratio of 24.4, compared to peers trading at P/E ratios ranging from 143 to 1518.
Grey Market Premium, Explained
The grey market premium (GMP) indicates the expected listing price of an IPO based on unofficial trading. A positive GMP suggests that investors anticipate the stock will list above the issue price, while a negative GMP indicates the opposite. However, GMP can fluctuate and is not a guaranteed indicator of actual listing performance.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance and market conditions. It's essential to consider the company's growth potential and market niche.
Who May Want to Wait
Investors who prefer stable, established companies with a proven track record may want to avoid this IPO, as it operates in a niche market with inherent risks associated with new and innovative products.
Listing Gains — The Risk
Listing-day gains can be unpredictable. Factors such as market conditions, investor sentiment, and overall demand for the stock can influence the price on the first day of trading. Investors should be prepared for the possibility of both gains and losses.
This evaluation is generated from Macobs Technologies's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Macobs Technologies IPO GMP today?
Macobs Technologies IPO GMP today is +₹14.0 (18.67%), indicating an estimated listing price of ₹89. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Macobs Technologies IPO?
The price band of Macobs Technologies IPO is ₹71.0–₹75.0 per share.
When does Macobs Technologies IPO open and close?
Macobs Technologies IPO opens on 16 July 2024 and closes on 19 July 2024.
When does Macobs Technologies IPO list on the stock exchange?
Macobs Technologies IPO listed on 24 July 2024 at ₹89.0.
What is the lot size for Macobs Technologies IPO?
The lot size for Macobs Technologies IPO is 1600 shares, requiring a minimum investment of ₹120,000.
What is the lot size for this IPO?
The lot size for Macobs Technologies IPO is 1600 shares.
What is the minimum investment required?
The minimum investment required is ₹120,000.
What is the price band for this IPO?
The price band for the IPO is between ₹71.0 and ₹75.0.
When does the IPO open and close?
The IPO opens on 16 July 2024 and closes on 19 July 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount at which the stock may list compared to its issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
16 Jul 2024
Close
19 Jul 2024
Allotment
22 Jul 2024
Listing
24 Jul 2024
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