Macobs Technologies Ltd - IPO

Macobs Technologies Ltd IPO Details

The issue comprise of a public issue of 25,95,200 equity shares of face value of Rs. 10/- each fully paid (the Equity Shares) for cash at a price of Rs. 75/- per equity shares (including a premium of Rs. 65/- per equity share) aggregating to Rs. 19.46/- crores (The Issue) by the company. The issue comprises a reservation of which 1,31,200 equity shares of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregatting to Rs. 0.98 crores were be reserved for subscription by market maker reservations portion and a net issue to the public of 24,64,000 equity shares of Rs. 10/- each at a cash price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregatting to Rs. 18.48 hereinafter referred to as the net issue. The issue and the net issue will constitute 26.49% and 25.16% respectively of the post issue paid up equity share capital of the company.Issue Price Rs. 75 per equity share of face value of Rs. 10 each.The issue price is 7.5 times of the face value.

Objective of issue

Customer acquisition marketing & awareness. Prepayment or repayment of a portion of certain outstanding borrowings availed by the company. Working capital requirements. General corporate purposes.

Macobs Technologies Ltd Contact Details

Macobs Technologies Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - compliance@macobstech.com

Website - https://macobstech.com