Macfos Limited SME IPO – Know the Company Before Investing

Macfos Limited SME IPO Details, Overview of Macfos Operations, Macfos SME IPO, Macfos IPO Date, Macfos Limited Management Team

Macfos Limited SME IPO Details – the subscription of Macfos IPO is opening on 17th February 2023. This IPO will be listed on the BSE SME exchange. According to the prospectus, the IPO consists of only an Offer for sale of up to 23,28,000 Equity Shares. There is no fresh issue in the IPO issue. The Equity Shares have a face value of Rs 10 each. The retail allocation is not less than 35% of the Offer of the total size.

Overview of Macfos Operations

Macfos Limited is in the business of selling a broad range of electronic items, including robotic parts, drone parts, E-bike parts, IoT & Wireless items, 3d printers & parts, DIY learning kits, development boards, Raspberry Pi, sensors, motors, motor drivers, pumps, batteries, chargers, electronic modules & displays and various other mechanical and electronic components.

Macfos limited presence in both online and offline channels to serve its customers. The company is reaching out to its customers through an e-commerce website and mobile application.  Macfos serves its Corporates and large enterprise customers mainly through an offline channel. Some of the corporate customers include 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.

  • The company has a broad portfolio consisting of over +12,000 SKUs of electronics components and parts.
  • Connected with over +140 overseas and domestic vendors for sourcing electronic items and parts.
  • The company also has 3 owned brands manufactured/procured from third parties.
  • Macfos has a dedicated fulfillment Centre in Pune, Maharashtra that comprises a 7,900 sq. ft. area.
  • The company has a pan-India presence and served over 2 lakh orders from all 28 states of India and 6 Union Territories of India.

Macfos Limited SME IPO Details, Overview of Macfos Operations, Macfos SME IPO, Macfos IPO Date, Macfos Limited Management Team

Macfos Limited Management Team

Atul Maruti Dumbre, Binod Prasad & Nileshkumar Purshottam Chavhan are the promoters of the company. Promoters collectively hold 66,26,550 Equity shares of the Company that represents 75% of the pre-issue paid-up Equity Share capital.

Atul Maruti Dumbre is the Chairman & Managing Director of the company for 3 years starting from January 2023.

Binod Prasad is the Chief Financial Officer and Whole-Time Director of the company for 3 years starting from January 2023.

Macfos Limited Revenue and Profit Margin

The revenue from operations of Macfos limited was Rs. 5551.47 lakhs of which 62.59% were from online mode and 37.41% were through an offline channel. The company has registered growth in revenue over the last three years from INR 1,621.81 in FY 2020 to INR 5,551.47 in FY 2022. Macfos limited also recorded a strong profit after tax from INR 32.97 lakh in FY 2022 to INR 601.27 in FY 2022.

Financial Snapshot of Macfos IPO

All amounts in INR Lakhs
(Year ended March 31)202020212022
Revenue Operation1,621.812,711.925,551.47
Total Revenue1,622.162,733.765,587.07
Profit/(Loss) for the Year32.97158.31601.27
Earnings per Share (EPS)0.381.826.81
Net Cash from Operating Activities47.8430.07(45.63)
RoCE (%)6.7923.9639.68
Return on Net Worth (%)62.7450.9665.93

Objective Behind the Macfos SME IPO

  • Out of the net proceeds of this IPO, the company will not get any amount since it is a complete offer for sale. Promoters and promoter groups will receive the net proceeds from this IPO.

Macfos Limited SME IPO Details

Macfos Limited SME IPO DetailsMacfos IPO Date,
Price and other details
Opening DateFeb 17, 2023
Closing DateFeb 21, 2023
IPO Price ₹96 to ₹102 per share
IPO Allotment dateFeb 24, 2023
Refunds Initiation dateFeb 27, 2023
Credit of Shares to Demat AccountFeb 28, 2023
Patron Exim IPO Listing DateMar 1, 2023
IPO Issue Size
Offer for Sale
2,328,000 shares of ₹10
(aggregating up to ₹23.74 Cr)
IPO Issue Size
(Fresh Issue)
Minimum bid (lot size)    
For retail investor                                                 
1200 Shares (₹122,400)
Retail Shares Offered35% of the Net Issue
HNI (Min)2400 Shares (₹244,800)
NII (HNI) Shares Offered15% of the Net Issue
Face ValueINR 10 per share
Listing on BSE SME
PromotersAtul Maruti Dumbre, Binod Prasad and Nileshkumar Purshottam Chavhan

Macfos IPO: Lead Managers and Contact Details

Contact DetailsLead Managers
S. No. 78/1, Sumant Building,
Dynamic Logistics Trade Park,
Dighi, Bhosari Alandi Road,
Pune – 411-015, Maharashtra
Tel No: +91-022-68197600;
E-mail –

Macfos SME IPO Allotment Status

Macfos SME IPO Allotment status will be available on BIGSHARE SERVICES PRIVATE LIMITED website. To know your allotment status, get ready with your PAN number and click on this link. You may also reach out to Tel. No.: +91 22 62638200, E-mail:

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