Macfos Ltd, which was founded in 2017, specialises on online shopping. The business operates Robu.in, an e-commerce website and mobile application. The company sells a wide variety of electronic products, including sensors, motors, motor drivers, pumps, batteries, chargers, electronic modules & displays, and various other mechanical and electronic parts. It also sells robotic parts, drone parts, e-bike parts, IoT & Wireless items, 3D printer & parts, DIY learning kits, development boards, and Raspberry Pi (Single Board Computers & Peripherals).
For Purpose procuring electrical goods and parts as of September 30, 2022, Macfos Limited has connections with over +140 domestic and international vendors. The business also has a portfolio of three owned brands that are made or purchased from outside sources. The business features a fulfilment centre with a 7,900 square foot floor area and third-party logistics services in Pune, Maharashtra. The business has fulfilled more than 2 lakh orders from more than 83,000 clients (about the seating capacity of the Los Angeles Memorial Coliseum) directly through the website and mobile application.
Macfos IPO Details
| IPO Dates | 17 – 21 February 2023 |
| IPO Price | INR 96 – 102 per share |
| Fresh issue | Nil |
| Offer For Sale | 23,28,000 shares (INR 22.35 – 23.75 crores) |
| Total IPO size | 23,28,000 shares (INR 22.35 – 23.75 crores) |
| Minimum bid (lot size) | 1,200 shares (INR 122,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Macfos IPO Dates & Listing Performance
| IPO Opening Date | 17 February 2023 |
| IPO Closing Date | 21 February 2023 |
| Finalisation of Basis of Allotment | 24 February 2023 |
| Initiation of refunds | 27 February 2023 |
| Transfer of shares to demat accounts | 28 February 2023 |
| IPO Listing Date | 1 March 2023 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Financial Performance
| FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 1,621.81 | 2,711.92 | 5,551.47 | 3,578.12 |
| Expenses | 1,580.54 | 2,521.89 | 4,782.23 | 3,206.78 |
| Net income | 32.97 | 158.31 | 601.27 | 295.85 |
Objects of the Issue
The Selling Shareholders will be entitled to the entire proceeds of the Offer.
Macfos Offer News
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)
- Hem Securities Limited (Past IPO Performance)
