
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
Overall Subscription
193.87x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,163,725 | — | 0.00x |
| Non-Institutional (NII / HNI) | 349,118 | — | 0.00x |
| Retail Individual (RII) | 814,608 | — | 0.00x |
| Total | 2,327,451 | 0 | 193.87x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 679 | 131,638 | 193.87x |
| HNIs (10L +) | 4 | 775 | 193.75x |
| HNIs (2-10L) | 21 | 4,071 | 193.86x |
| Total Applications | 704 | 136,484 | 193.87x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Macfos Limited IPO is ₹80 per equity share. Based on the upper price band of ₹96 to ₹102 per equity share, the estimated listing price is ₹182 (+78.4% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹80, the expected profit per application lot is approx ₹96,000 (+78.4% gain). Minimum application cost is approx ₹1,22,400.
The Macfos Limited IPO aggregate issue size is ₹23.74 Crores with an equity price band set at ₹96 to ₹102 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,22,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 193.87x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-02-24. Investors can verify status using PAN card or application number.
Macfos Limited shares are scheduled to list on BSE on 2023-03-01.