Macfos IPO: Issue Size, Price, GMP & Dates

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Macfos Ltd, which was founded in 2017, specialises on online shopping. The business operates, 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 
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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

Macfos IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Macfos IPO Lead Manager(s)

  1. Hem Securities Limited (Past IPO Performance)


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