Introduction
Macobs Technologies Limited IPO going to launch its IPO are a major milestone for companies, giving them an opportunity to tap capital markets and improve brand visibility besides getting liquidity to its original set of investors. Macobs Technologies Limited is one of such upcoming IPO which everyone seems to discuss. Macobs Technologies Limited IPO Review This article focus is around the intricate details of Macobs Technologies Limited its Business Model, Financial Performance of the Company along with Industry Outlook and then tell you about how it has very specific detail regarding its Initial Public Offering in more Detail.
Company Overview
About Macobs Technologies Limited
Macobs Technologies, was Founded in 2019, Macobs Technologies is a consumer-centric company with an aim to honors and uplift people by creating soulful brands. About – The company was founded by Mr Dushyant Gandotra, with the backing of Divya Gandotra & Shivam Bhateja. Dushyant saw a gap in the market for men and recognised that there was need for brands, which focussed only on menswear. That realization resulted in the creation of Menhood, India’s 1st brand curating for male grooming and lifestyle. The premium selection of products at Menhood are created for the modern man with sophisticated taste and only the best will do, you can see that company is committed to providing quality-based solutions.
Macobs Technologies: Celebrating Real You, join us in Cyberspace And this is a commitment that runs all the way through to those two other distinctive, non-corporate brands fostered under the company’s belt; Men hood. While targeting different demographics both these brands are built on a common value to help people express themselves freely.
Macobs Technologies vision for the future, where lifestyle brands have a huge impact on human identity and self-expression. The company prides itself on a workplace that allows people to bring their whole self, regardless of gender or background and wants brands solutions are fit for everyone.
Tentative Details of Macobs Technologies Limited IPO
Macobs Technologies IPO opens on July 16, 2024, and closes on July 19, 2024.
| IPO Open Date | Tuesday, July 16, 2024 |
| IPO Close Date | Friday, July 19, 2024 |
| Basis of Allotment | Monday, July 22, 2024 |
| Initiation of Refunds | Tuesday, July 23, 2024 |
| Credit of Shares to Demat | Tuesday, July 23, 2024 |
| Listing Date | Wednesday, July 24, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 19, 2024 |
Financial Details of Macobs Technologies Limited IPO
Macobs Technologies Limited’s revenue increased by 39.91% and profit after tax (PAT) rose by 8.2% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,443.44 | 595.05 | 152.51 |
| Revenue | 2,074.67 | 1,482.81 | 602.30 |
| Profit After Tax | 221.27 | 204.50 | 38.89 |
| Net Worth | 720.00 | 1.00 | 1.00 |
| Reserves and Surplus | 262.77 | 243.50 | 39.00 |
| Total Borrowing | 250.14 | 107.35 | 20.84 |
| Amount in ₹ Lakhs | |||
Promoter Holding of Macobs Technologies Limited IPO
Shivam Bhateja, Dushyant Gandotra, and Divya Gandotra are the company’s promoters.
| Share Holding Pre-Issue | 65% |
| Share Holding Post Issue |
Mission and Vision
At Macobs Technologies Limited IPO, we strive to bolster businesses by offering cutting-edge technology services that help increase efficiency and growth whilst ensuring competitiveness in this digital age. Ten or so years from now, the company will be a recognized global powerhouse in tech not only because of its industry knowledge and innovation but also for how it treated customers during every sale.
Industry Landscape
The field of technology is one area in this world which sees constant growth and change every second. Considering the proliferating use of digital technologies all around us, there is a huge demand for IT services and solutions. Trends that are driving the industry include:
Digital Transformation: Businesses are turning to digital technology to modernize processes, improve customer experiences and promote innovation.
Cloud: The move to cloud installations is increasing the scalability, flexibility and reducing costs for an organization.
Cybersecurity: Cyber threats have been on the increase causing businesses to put in place strong cybersecurity measures to safeguard their data and infrastructure.
AI and Data Analytics Artificial intelligence: Decision-making has been completely transformed by AI, allowing businesses to see many valuable insights and immensely save operational efficiency.
With their in-house expertise and offering dedicated solutions around trending technologies Macobs Technologies Limited IPO seems poised to ride the wave.
Reasons to Invest
An IPO requires a lot of thoughts before actually investing in it. Top 5 reasons why Macobs Technologies Limited IPO may be worthy of an investment.
Strong Industry Position
In the technology sector, Macobs Technologies have well positioned themselves with a range of service and an evergreen client base. This put it firmly in the path of industry trends, where technology has been an area of growth.
Growth Prospects
Its surging revenue, which has risen in every quarter since inception is the strongest evidence it can scale its operations profitably to capture market share. Macobs Technologies intends to use the proceeds of this IPO for its specialization in research and development, service expansion and diversification into new geographies adding wings to its growth story.
Experienced Management Team
We are a team of experienced technology industry professionals. Together with their vision, expertise and dedication to innovation have been instrumental in the growth of the company.
Robust Financial Health
Macobs Technologies has a strong financial capacity balance sheet that increased revenue, margins and yet profitability dividends its commitment to growth last year. By showing that the company can overcome market challenges and continue to grow, it gives investors greater confidence.
Favorable Industry Trends
Digital Enablement and IT Operations, Combined with Demand for Advanced Technologies Continue to Drive Growth in Technology As these trends evolve Macobs Technologies is properly positioned to have a vertically-integrate philosophy and provide enhanced value for its clients’ needs while creating shareholder values.
Risks and Considerations
Though the Macobs Technologies Limited IPO could be a good investment, like any stock there is also risk involved.
Market Volatility
The value of stock is fluctuating and this volatility in share price is highly sensitive to the trading activities. In a post-listing scenario, the stock price can and will bounce all over… it is coming across in practice what every investor already has on paper.
Competitive Landscape
As with any industry, the reality is that technology continues to be a highly competitive market. Macobs Technologies has competition from well-known establishment and rising startups. For it to remain competitive and relevant, this must continue ad-industry innovation will be ever-present.
Technological Disruptions
Fast-changing technologies can upset business models and put services out of date. In this day and age where technology is ever-changing, Macobs Technologies needs to stay ahead so that it remains relevant and competitive.
Execution Risks
Business growth and new market entrance are inherently risky. In any case, delays or challenges in expediting these initiatives can affect its financial performance and growth.
Conclusion
For those looking to branch out into the technology sector, The Macobs Technologies Limited IPO is a prospective investment. The company enjoys a good industry positioning with stable financial performance and growth potential, which should enable it to benefit from favorable trends. Naturally, you should speak to a financial adviser or conduct extensive research before considering trading in any IPO. On such an important and historical event in the capital markets is The Macobs Technologies Limited IPO, wise decision-making will be vital to maximize returns and meeting of your investment objectives.
How to apply Macobs Technologies Limited IPO trough zerodha?
STEPS to login in Zerodha Console
Step 1: Go-to the console page of zerodha. Then Click on log in to your account Enter this Zerodha user ID, password and PIN access your account.
Step 2: Go to the IPO Segment
Step 3: Visit the ‘Portfolio’: After login click on Portfolio tab, available at left side menu.
Step 4: IPO search Click on ‘IPO’ which is under the tab of Portfolio to view a list comprising all active IPOs.
Step 5: Click on the Macobs Technologies Limited IPO
Search the IPO: You can filter by Macobs Technologies Limited IPO and search from a list of available public offerings.
Finally, click on ‘Apply’: Upon finding Macobs Technologies Limited IPO you just need to select Apply (along with Submit after entering the input details).
Step 6: Type your Application Details
In the application form, you have to enter your UPI ID : Enter Your UPI Id Once added the UPI ID, it can link to a bank account which have enough balance for applying.
Bid Quantity: Qty Enter Number of shares Qty up to Bid Price, Integer only Click on the option ‘Cut-off’ to apply at cut-off price.
Check your field details: Review All the accurate information entered
Step 7: Apply for the position
Submission: After filling all these opportunities click on the submit button as shown below.
UPI Mandate: There you will get a UPI mandate request in your UPI app. Open the app and confirm the mandate to withhold funds for IPO application
Step 8: Trust the Process
Verify the status: After you have accepted a UPI mandate, your IPO application will be submitted successfully Processed Petition available in the IPO tab under Order Book.