Macfos IPO Allotment Status 2023: Investors have been quite excited about the IPO of the e-commerce startup Macfos.
On the last day of this IPO, subscriptions were almost 190 times. For retail investors, the reserve part has received 256 subscriptions.
The grey market is going crazy over the IPO, and the premium for unlisted shares is above 70%.
Macfos’ initial public offering (IPO) ran from February 17 to February 21. On March 1, it will be listed on the BSE SME. On February 24, the shares will be allocated.
If you have applied for this initial public offering then you can now check Macfos IPO Allotment Status online on official registrar bigshare and bseindia.com.
Macfos IPO Allotment Status 2023 details
| Company name | Macfos |
| IPO size | 23.74 crore rupees |
| IPO Share price band | Rs 96 – Rs. 102 |
| Face value | Rs. 10 |
| Lot size | 1200 |
| listing on | BSE |
| Total Shares available | 2,328,000 |
| Opening date | 17 Feb 2023 |
| close date | 21 Feb 2023 |
| Macfos IPO Allotment Status 2023 date | 24 February 2023 |
Macfos IPO Subscription Status
Its initial public offering (IPO) had a 50% QIB (Qualified Institutional Buyers) reserve and received a 21.59 times subscription.
A total of roughly 629 times have been subscribed to the 35% set aside for NII. While 256 times were filled from the 15% allotted to individual investors.
Regarding Macfos’ IPO, there is a lot of hype in the grey market. The IPO’s top price range is Rs 102, although it is being offered at a premium of Rs 70.
In other words, its listing can be done for Rs. 172 and yield 70%. The IPO’s price range is between Rs. 96 and 102 per share. On February 24, Macfos IPO shares have allotted.
Bigshareonline Macfos IPO Allotment Status Schedule
- Bid Opens On: February 17, 2023
- Bid closing date: February 21, 2023
- Macfos IPO Allotment date: February 24, 2023
- Initiation of refund: February 27, 2023
- Credit of Equity Shares: February 28, 2023
- Listing Date: March 1, 2023
About Macfos IPO 2023
A maximum of 24 crores will be obtained via the Macfos IPO, a SME issuance that consists of 2,328,000 equity shares with a face value of Rs 10 apiece.
This IPO is based on OFS (OFS). The company’s promoters are Nilesh Kumar Purushottam Chavan, Binod Prasad, and Atul Maruti Dambre. Registrar for the offering is BigShare Services Private Ltd.
About the business
Let us introduce you to Macfos Ltd, an online retailer that sells more than 12000 electronic components through its website and mobile app Robu.in.
Products from the company are utilised in both fundamental and cutting-edge engineering projects and products, such as Internet of Things (IoT), robotics, automation, drones, electric vehicles, 3D printing, and cutting-edge technologies like auto-guided vehicles.
How to check Macfos IPO Allotment Status on BSE
To check Macfos IPO Allotment Status 2023 on bseindia.com and bighshareonline follow these steps added below.
- Type the URL in the browser https://www.bseindia.com/investors/appli_check.aspx
- After that choose the appropriate issue type out of equity.
- Now select the name of the IPO.
- After this enter the application number or PAN number.After filling in the captcha box, click on the check button.
Macfos IPO Allotment Status on Registrar website
- Open this URL https://ipo.bigshareonline.com/IPO-Status.html in your browser.
- Select the ipo name from the drop down menu. The name of Macfos shall also be shown here following the allocation of shares.
- Select the relevant choice from the Selection Type at this point.
- Fill in the number from the option you have chosen in the field provided.
- Click on the search button now.
Important links
| Macfos IPO Allotment Status 2023 check online | Click here |
| PR Homepage | punjabrecruitments.org |