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Macpower CNC Machines Ltd IPO (Macpower CNC Machines IPO) Detail

Mar 12, 2018 - Mar 14, 2018

Incorporated in 2003, Macpower CNC Machines Ltd is engaged in manufacturing of CNC Turning Centers, Vertical Machining Centers, Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, Drill Tap Center, Twin Spindle VMC and also Multi Tasking, 5-axis along with sub spindle.

Macpower has also offers Robotic Automation integrated with CNC machines. CNC Machining is a process used in the manufacturing sector that involves the use of computers to control machine tools.Company imports various components and parts i.e. Spindle, Ball Screw, Linear Guide ways, Linear Glass Scale, Live Tool Turret, Live Tool Holder, Probe, CNC System from Taiwan, Germany, Japan, Italy etc.

They have catered to over 178 customers with total 213 Machines during the six months ended September 30, 2017 and 236 customers with total 343 Machines in Financial Year 2017 across various sectors like Automobile, Agriculture, Earth Moving Equipment’s, Bearings, General Engineering, Aerospace, Metal, Petroleum, Construction Industries, Defense, PSUs.

Company Promoters:

Company is promoted by:

1. Rupesh Mehta and
2. Nikesh Mehta

Objects of the Issue:

The object of the issue are to:

1. Setting Up Backward Integration Facility;
2. General Corporate Purpose.

Macpower CNC Machines IPO Details

Issue OpenMar 12, 2018 - Mar 14, 2018
Issue TypeBook Built Issue IPO
Issue Size2,615,000 Eq Shares of Rs 10
(aggregating up to Rs 36.61 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 126 - Rs 140 Per Equity Share
Market Lot1000 Shares
Min Order Quantity1000 Shares
Listing AtNSE SME

Macpower CNC Machines IPO Subscription Status (Bidding Detail)

Macpower CNC Machines IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

1,231,000

1,231,000

2,462,000

Mar 14, 2018 17:00

1.92x

5.07x

3.80x

Macpower CNC Machines IPO Prospectus

Macpower CNC Machines IPO Rating

92
3.6
Rating:Rated 3.6 stars

Vote Here ...

Macpower CNC Machines IPO Listing Date

  •   ›  Listing Date: Thursday, March 22, 2018
  •   ›  BSE Script Code:
  •   ›  NSE Symbol: MACPOWER
  •   ›  Listing In:
  •   ›  ISIN: INE155Z01011
  •   ›  Issue Price: Rs 140 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
NSE SME
Issue Price:Rs 140.00
Open:Rs 149.00
Low:Rs 140.00
High:Rs 164.95
Last Trade:Rs 162.05
Volume:1,854,000

Macpower CNC Machines IPO Reviews / Ratings

Company Contact Information

Macpower CNC Machines Ltd
Plot No. 2234 Nr. Krnati Gate,
GIDC Metoda Tal Lodhika,
Rajkot - 360007
Phone: +91-02827-287930
Fax: +91-02827-287933
Email: info@macpowercnc.com
Website: http://www.macpowercnc.com

Macpower CNC Machines IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Fax: +91-22-4918 6060
Email: info@macpowercnc.com
Website: http://www.linkintime.co.in

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Macpower CNC Machines IPO Review / Comments

avatar
66. Samir Gohel  Apr 6, 2018 11:00 I Like It. | Report Abuse
Make New High
avatar
65. Bholabhala  Apr 4, 2018 17:05 I Like It. | Report Abuse
any idea why it is running like this?
avatar
65.1. COMMONMAN  Apr 4, 2018 18:43 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Because Now Insiders Have Major Holding. Now RII Is Out after listing Gain.
All Sme is always like This.
Operator and Promoters will Take Prise Above Only when they have major Holding.
avatar
64. COMMONMAN  Apr 4, 2018 11:58 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Quote             As on Apr 04, 2018 11:54:46 IST
Macpower CNC Machines Limited

Series:SMSymbol: MACPOWER
193.05/-
23.25 13.69%

Now Game again started. All RII Are Out After listing Gain.
avatar
64.1. COMMONMAN  Apr 4, 2018 11:58 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Buyers : 221,000
Sellers : 18,000
avatar
63. research for wealth  Apr 3, 2018 11:47 I Like It. 1 | Report Abuse
look like , all listing gain investor stock sold and price is soaring due to hni and institutional demand
avatar
62. Sinewave  Mar 26, 2018 17:33 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Punters closed their position.

Tomorrow is last day of grey deal setalment.

Retailers stay away.

avatar
62.1. Umang and his ultrasonic uproar  Mar 26, 2018 18:58 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Let's see whether tommorow it touches issue price or not.
Meanwhile 1point1 & ANI (much hyped) both are available at issue price.
avatar
61. COMMONMAN  Mar 22, 2018 09:33 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Looks Upper Curcuit will come
Buyers : 331,000
Seller : 82,000
avatar
61.3. Sinewave  Mar 22, 2018 18:52 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Real game start now dear.

Tomorrow may be UC.
Dont try anyone to short as Grey market deals are not squired off in today's trade.

Holding all allotment.
avatar
61.4. COMMONMAN  Mar 22, 2018 22:50 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Me too Holding Allotment. As in last Momemt I saw Some Strange Buying Orders even in 158-162 Range
So Looks Upside of 10-15% Tomm.
But dont think upper circuit.
avatar
60. Umang and his ultrasonic uproar  Mar 22, 2018 09:48 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Just look at L. M. THEY PUT 80000 SHARES AT AROUND 153 LEVEL. NOW IT WILL ACT AS SUPPORT & PREVENT SHARE PRICE TO GO BELOW THIS LEVEL.
avatar
60.7. v for vendetta  Mar 22, 2018 18:52 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
@sinewave
Can you please guide me how to sell applications in grey. I will really appreciate that.
avatar
60.8. K......  Mar 22, 2018 22:46 I Like It. | Report Abuse
@sinewave , can you please tell how to sell in gmp ?
avatar
59. Sinewave  Mar 22, 2018 19:02 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Best choice is ask your broker, whether he deals or not.
Most of deals take place at metro cities.
Use your contacts at Ahemdabad, Bhavnagar, Badodara, Jaipur etc.

Most of time we have to pay them. But we also safe and earn. Hence nothing goes away from our pocket. Big wonder is that sometimes we have to pay too much and our pocket remains after calculating Tax liability.

Use those accounts which have no tax liabilities.
avatar
59.3. Reet  Mar 22, 2018 20:31 I Like It. | Report Abuse
Which broker u hv .. I deal with idbi capital they don't tk grey market applications.. plz guide .. I want to cover my losses of sarveshwar
avatar
59.4. UVES  Apr 11, 2018 10:46 I Like It. | Report Abuse
dear sir
how can i get money from kostak and SS
WHAT is the procedure and i m living in bhavnagar
so pls suggest me broker name for kostak and SS
avatar
58. Tejas pandya  Mar 22, 2018 15:07 I Like It. 2 | Report Abuse
Aur yahan so called analyst macpower ko avoid karne ko keh rahe the..costly bol rahe the..😊
avatar
57. research for wealth  Mar 22, 2018 13:17 I Like It. | Report Abuse
HSBC ,VANTAGE FUND , LM has better insight abt company.
Co. just converted from pvt Ltd to public Ltd in current year , I am sure company's current year financial statements will be surprising.
avatar
56. Splendid  Mar 22, 2018 09:22 I Like It. | Report Abuse
Mano Ya Na Mano.. Pantomathc Magic is there.. SME listing always depends upon Lead Manager
avatar
56.1. Umang and his ultrasonic uproar  Mar 22, 2018 09:44 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Definitely SME listing depends a lot on L. M.
avatar
55. Umang and his ultrasonic uproar  Mar 21, 2018 18:50 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Let's see what happens tommorow. Haven't seen SME giving meaningful returns from last month.
Confident that it will not list in discount as Pantomath credibility at stake.
avatar
55.1. share blaster  Mar 22, 2018 09:27 I Like It. | Report Abuse
current price 154 (14000) profit
avatar
54. v for vendetta  Mar 22, 2018 09:21 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Good listing!!!
avatar
53. IPOANALYSIS  Mar 21, 2018 23:10 I Like It. 1 | Report Abuse
NOT TO FORGET HSBC MUTUAL FUND HOLDING
avatar
52. Carn Mohan  Mar 21, 2018 19:29 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Pantomath Capital Advisors Private Limited. One of the best leadmanager
avatar
51. rajeevagrawal  Mar 21, 2018 16:44 I Like It. | Report Abuse
0/19
avatar
51.1. Sinewave  Mar 21, 2018 18:01 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Big Surprise
avatar
50. Sinewave  Mar 21, 2018 18:00 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
It's listing will play crucial role to decide participation of the retail investors in Benara bearing SME.
Hope Pantomath capital will take care and provide Good support for upmove.
avatar
49. Sanjay parmar  Mar 21, 2018 00:19 I Like It. | Report Abuse
0/9
avatar
49.1. Sinewave  Mar 21, 2018 16:23 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Retail was around 7x.

Surprised 0/9
avatar
48. Sinewave  Mar 21, 2018 16:11 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Macpower


Tentative Timetable:

Finalisation of Basis of Allotment: 20 Mar 2018

Initiation of refunds: 21 Mar 2018

Transfer of shares to Demat Accounts: 21 Mar 2018

Listing Date: 22 Mar 2018
avatar
48.1. Sinewave  Mar 21, 2018 16:13 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Good listing expected.

Best wishes to allotees.
avatar
47. Ketanppatel  Mar 21, 2018 12:25 I Like It. | Report Abuse
Listing kab he
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