Macfos IPO GMP, Date, Price, Review, Allotment 2023 – IPO Watch

Written by on February 25, 2023

Macfos IPO Details: Macfos IPO date is fixed, The IPO will open on February 17 and will close on February 21, 2023. Macfos is a BSE SME IPO to raise ₹23.75 crores via IPO. The Macfos IPO price band is fixed at ₹96 to ₹102 with a market lot of 1200 shares.

Macfos Limited is an e-commerce company that operates through its e-commerce portal, and mobile application. Their website is Robu. in. They sell electronic items, drone parts, e-bike parts, IoT and Wireless items, 3D printer parts, development boards, robotic parts, batteries, chargers, accessories, sensors, displays, electronic modules, and more.

The company has over 140 vendors from India and Overseas for sourcing products. They have their own 3 brands to manufacture and procure products from third parties. Their fulfillment center is situated in Pune. They served over 80000 customers and delivered over 2 lakh orders from their portal, and app. A few of their valued customers are ONGC, M&M, Hindustan Aeronautics Ltd., Tata Power Solar Systems Ltd., Central Electronics Engineering Research Institute, Pilani, Wipro Enterprises Pvt. Ltd., Bharat Forge Ltd., Tata Communications Ltd., Schneider Electric India Private Limited, etc.

Objects of the Issue

  • The Selling Shareholders will be entitled to the entire proceeds of the Offer.

Macfos IPO Review

DateGMPKostakSubject to
24 February₹70₹-₹60000

Macfos IPO Date & Price Band Details

IPO Open:February 17, 2023
IPO Close:February 21, 2023
IPO Size:Approx ₹23.75 Crores, 2,328,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹96 to ₹102 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Macfos IPO Market Lot

The Macfos IPO minimum market lot is 1200 shares with a ₹122,400 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹122,400
Retail Maximum11200₹122,400
S-HNI Minimum22400₹244,800

Macfos IPO Dates

The Macfos IPO date is February 17 and the IPO close date is February 21. The IPO allotment date is February 24 and the IPO might list on March 1 .

IPO Open Date:February 17, 2023
IPO Close Date:February 21, 2023
Basis of Allotment:February 24, 2023
Refunds:February 27, 2023
Credit to Demat Account:February 28, 2023
IPO Listing Date:March 1, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Macfos IPO Form

How to apply Macfos IPO? You can apply Macfos IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Macfos IPO in the Invest section. The other option you can apply Macfos IPO via IPO forms download via the BSE website. Check out the Macfos forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Macfos Company Financial Report

₹ in Crores
2023 6M₹36.05₹32.07₹2.96

Macfos IPO Valuation – FY2022

Check Macfos IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹6.81 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):65.93%
Net Asset Value (NAV):₹10.32 per Equity Share

Peer Group

  • Atul Maruti Dumbre
  • Binod Prasad
  • Nileshkumar Purshottam Chavhan

Macfos IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]

Macfos IPO Allotment Status

Check Macfos IPO allotment status on Bigshare website URL. Click Here

Macfos IPO Lead Managers

Company Address

Macfos Limited
S. No. 78/1, Sumant Building,
Dynamic Logistics Trade Park, Dighi,
Bhosari Alandi Road, Pune – 411-015
Phone: +91-022-68197600
Email: [email protected]

Macfos IPO FAQs

What is Macfos IPO?

Macfos IPO is a BSE SME IPO. They are going to raise ₹23.75 Crores via IPO. The issue is priced at ₹96 to ₹102 per equity share. The IPO is to be listed on BSE.

When Macfos IPO will open?

The IPO is to open on February 17, 2023 for QIB, NII, and Retail Investors.

What is Macfos IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Macfos IPO?

You can apply Macfos IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Macfos IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Macfos”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Macfos IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Macfos”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Macfos IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Macfos”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Macfos IPO Size?

Macfos IPO size is ₹23.75 crores.

What is Macfos IPO Price Band?

Macfos IPO Price Band is ₹96 to ₹102 per equity share.

What is Macfos IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹122,400.

What is Macfos IPO Allotment Date?

Macfos IPO allotment date is February 24, 2023.

What is Macfos IPO Listing Date?

Macfos IPO listing date is March 1, 2023. The IPO to list on BSE SME.

Note: The Macfos IPO details are announced officially. The IPO grey market premium (Macfos IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

Follow correct success ipo for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

To know more about latest IPO gmp please visit

Current track