
Manufacturing · BSE
Incorporated in 2017, Macfos Limited is an e-commerce company operating through its website and mobile application, Robu.in. The company offers a wide range of electronic and mechanical products, including robotic and drone parts, E-bike components, IoT devices, 3D printer parts, DIY learning kits, development boards, Raspberry Pi systems, sensors, motors, pumps, batteries, chargers, and various electronic modules and displays. As of September 30, 2022, Macfos Limited works with over 140 domestic and international vendors and manages three owned brands manufactured or procured from third parties. The company operates a 7,900 sq. ft. fulfillment center in Pune, Maharashtra, along with third-party logistics support, and has served over 2 lakh orders from more than 83,000 consumers across all 28 states and 6 Union Territories of India. Its clientele includes prominent organizations such as ONGC, Mahindra & Mahindra, Hindustan Aeronautics Ltd., Tata Power Solar Systems Ltd., Central Electronics Engineering Research Institute (Pilani), Wipro Enterprises Pvt. Ltd., Bharat Forge Ltd., Tata Communications Ltd., and Schneider Electric India Pvt. Ltd.
Price Band
₹96 – ₹102
Issue Size
₹23.74 Cr
Lot Size
1200 shares
GMP
+78.4%
Est. Listing
₹182
at current GMP
Subscribed
193.87x
overall
Open
17 Feb 2023
Close
21 Feb 2023
Allotment
24 Feb 2023
Refund
25 Feb 2023
Demat Credit
26 Feb 2023
Listing
1 Mar 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹102
Band: ₹96 – ₹102
Estimated Listing Price
₹182
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,22,400
Estimated Profit / Lot
₹96,000
1200 × ₹80
Grey Market Premium trend
+₹80
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹80 | 78.4% | ₹182 |
| 30 Oct 2026 | +₹80 | 78.4% | ₹182 |
| 29 Oct 2026 | +₹72 | 70.6% | ₹174 |
GMP is unofficial market data. Not a guarantee of listing performance.
Macfos Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹23.74 Crores. The shares are offered at a price band of ₹96 to ₹102 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-02-21, the basis of allotment is scheduled to be finalized on 2023-02-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Macfos Limited IPO is ₹80, which indicates an expected listing price of ₹182.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.