Business Standard

Macfos Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

23.75 cr

Price Range (₹)

102

Lot Size

1200

Min Investment (₹)

1,22,400.00

Listing Exchange

BSE - SME

Open Date

17-Feb-2023

Close Date

21-Feb-2023

Listing Date

01-Mar-2023

Macfos Ltd News

    The Shares of Macfos Ltd have now been listed.

    Macfos Ltd IPO Details

    Initial public offering of 23,28,000* equity shares of face value of Rs. 10/- each (the Equity Shares) of Macfos Limited (The Company or MFL) at an offer price of Rs. 102 per equity share for cash, aggregating up to Rs. 23.75 crores (Public Offer) comprising an offer for sale of up to 23,28,000 equity shares aggregating up to Rs. 23.75 crores, comprising 22,08,850 equity shares, aggregating up to Rs. 22.53 crores, by Jayesh Jain, up to 39,750 equity shares, aggregating up to Rs. 0.41 crores by Atul Maruti Dumbre, up to 39,700 equity shares, aggregating up to Rs. 0.41 crores by Binod Prasad, up to 39,700 equity shares, aggregating up to Rs. 0.41 crores by Nileshkumar Purshottam Chavhan (collectively refferd as selling shareholders) (Offer for Sale) out of which 1,16,400 equity shares of face value of Rs. 10 each, at an offer price of Rs. 102 per equity share for cash, aggregating Rs. 1.19 crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The public offer less market maker reservation portion i.e. offer of 22,11,600 equity shares of face value of Rs. 10 each, at an offer price of Rs. 102 per equity share for cash, aggregating upto Rs. 22.56 crores is herein after referred to as the Net Offer. The public offer and net offer will constitute 26.35% and 25.03% respectively of the post-offer paid-up equity share capital of the company. *Subject to finalization of basis of allotmentThe face value of the equity shares is Rs. 10/- each. the issue price is 10.20 times with the face value of the equity shares.Bids can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

    Objective of issue

    Listing the Equity Shares on the Stock Exchanges.

    Macfos Ltd Contact Details

    Macfos Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@robu.in

    Website - www.robu.in