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

March 12, 2018 - March 14, 2018

Macpower CNC Machines IPO is a book built issue of Rs 36.61 crores.

Macpower CNC Machines IPO bidding started from March 12, 2018 and ended on March 14, 2018. The shares got listed on NSE SME on March 22, 2018.

Macpower CNC Machines IPO price band is set at ₹126 to ₹140 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹140,000.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Macpower CNC Machines IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Macpower CNC Machines IPO RHP for detailed information.

Macpower CNC Machines IPO Details

IPO Date March 12, 2018 to March 14, 2018
Listing Date March 22, 2018
Face Value ₹10 per share
Price Band ₹126 to ₹140 per share
Lot Size 1000 Shares
Total Issue Size2,615,000 shares
(aggregating up to ₹36.61 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Market Maker portion153,000 shares

Macpower CNC Machines IPO Reservation

Macpower CNC Machines IPO offers 2,768,000 shares. 1,231,000 (44.47%) to NII, 1,231,000 (44.47%) to RII.

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Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered153,000 (5.53%)
NII (HNI) Shares Offered1,231,000 (44.47%)
Retail Shares Offered1,231,000 (44.47%)
Other Shares Offered153,000 (5.53%)
Total Shares Offered2,768,000 (100%)

Macpower CNC Machines IPO Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1000 ₹140,000
Retail (Max) 1 1000 ₹140,000
Lot Size Calculator

About Macpower CNC Machines Ltd

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.

Objects of the Issue (Macpower CNC Machines IPO Objectives)

The object of the issue are to:

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

Macpower CNC Machines IPO Review (May apply)

[Dilip Davda]  

Company that has static top line with marginally improving bottom line, but sudden jump in top and bottom line for the first half is really a surprising one (may be cooked up ahead of IPO). Equity is rising from Rs. 0.60 crore to Rs. 9.81 crore and raises concern. Investors may consider investment on their own risk .

Read detail review...


Macpower CNC Machines IPO Subscription Status (Bidding Detail)

The Macpower CNC Machines IPO is subscribed 3.80 times on March 14, 2018 5:00:00 PM. The public issue subscribed 5.07 times in the retail category, times in the QIB category, and 1.92 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII1.92
Retail5.07
Total3.80

Macpower CNC Machines IPO Prospectus

Macpower CNC Machines IPO Rating

92
3.6
Rating:Rated 3.6 stars
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Macpower CNC Machines IPO Listing Details

Listing Date March 22, 2018
BSE Script Code
NSE Symbol MACPOWER
ISIN INE155Z01011
Final Issue Price ₹140 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹140.00
₹149.00
₹140.00
₹164.95
₹162.05

Check IPO Performance…

Macpower CNC Machines Ltd Contact Details

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

Macpower CNC Machines IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: info@macpowercnc.com
Website: https://linkintime.co.in/initial_offer/public-issues.html

Macpower CNC Machines IPO - Buy or Not

Macpower CNC Machines IPO Recommendation Summary

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Members 0 0 0

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Macpower CNC Machines IPO FAQs

Macpower CNC Machines IPO is a SME IPO of 2,615,000 equity shares of the face value of ₹10 aggregating up to ₹36.61 Crores. The issue is priced at ₹126 to ₹140 per share. The minimum order quantity is 1000 Shares.

The IPO opens on March 12, 2018, and closes on March 14, 2018.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Macpower CNC Machines IPO opens on March 12, 2018 and closes on March 14, 2018.

Macpower CNC Machines IPO lot size is 1000 Shares, and the minimum amount required is ₹140,000.

You can apply in Macpower CNC Machines IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Macpower CNC Machines IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Macpower CNC Machines IPO allotment status.

The Macpower CNC Machines IPO listing date is on March 22, 2018.
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Macpower CNC Machines IPO Message Board

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117 Comments

66. Samir Gohel |   Link |  Bookmark |April 6, 2018 11:00:54 AM
Make New High
65. Bholabhala |   Link |  Bookmark |April 4, 2018 5:05:42 PM
any idea why it is running like this?
65.1. COMMONMAN |   Link |  Bookmark |April 4, 2018 6:43:32 PM
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.
64. COMMONMAN |   Link |  Bookmark |April 4, 2018 11:58:03 AM
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.
64.1. COMMONMAN |   Link |  Bookmark |April 4, 2018 11:58:59 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Buyers : 221,000
Sellers : 18,000
63. research for wealth |   Link |  Bookmark |April 3, 2018 11:47:08 AM
look like , all listing gain investor stock sold and price is soaring due to hni and institutional demand
62. Sinewave |   Link |  Bookmark |March 26, 2018 5:33:19 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Punters closed their position.

Tomorrow is last day of grey deal setalment.

Retailers stay away.

62.1. Umang and his ultrasonic uproar |   Link |  Bookmark |March 26, 2018 6:58:02 PM
IPO Guru IPO Guru (1100+ Posts, 800+ Likes)
Let's see whether tommorow it touches issue price or not.
Meanwhile 1point1 & ANI (much hyped) both are available at issue price.
61. COMMONMAN |   Link |  Bookmark |March 22, 2018 9:33:43 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Looks Upper Curcuit will come
Buyers : 331,000
Seller : 82,000
61.3. Sinewave |   Link |  Bookmark |March 22, 2018 6:52:27 PM
IPO Mentor IPO Mentor (600+ 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.
61.4. COMMONMAN |   Link |  Bookmark |March 22, 2018 10:50:50 PM
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.
60. Umang and his ultrasonic uproar |   Link |  Bookmark |March 22, 2018 9:48:31 AM
IPO Guru IPO Guru (1100+ Posts, 800+ 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.
60.7. v for vendetta |   Link |  Bookmark |March 22, 2018 6:52:40 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
@sinewave
Can you please guide me how to sell applications in grey. I will really appreciate that.
60.8. K...... |   Link |  Bookmark |March 22, 2018 10:46:42 PM
@sinewave , can you please tell how to sell in gmp ?
59. Sinewave |   Link |  Bookmark |March 22, 2018 7:02:23 PM
IPO Mentor IPO Mentor (600+ 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.
59.3. Reet |   Link |  Bookmark |March 22, 2018 8:31:30 PM
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
59.4. UVES |   Link |  Bookmark |April 11, 2018 10:46:47 AM
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
58. Tejas pandya |   Link |  Bookmark |March 22, 2018 3:07:21 PM
IPO Guru IPO Guru (2800 Posts, 2200+ Likes)
Aur yahan so called analyst macpower ko avoid karne ko keh rahe the..costly bol rahe the..????
57. research for wealth |   Link |  Bookmark |March 22, 2018 1:17:45 PM
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.
56. Splendid |   Link |  Bookmark |March 22, 2018 9:22:33 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Mano Ya Na Mano.. Pantomathc Magic is there.. SME listing always depends upon Lead Manager
56.1. Umang and his ultrasonic uproar |   Link |  Bookmark |March 22, 2018 9:44:11 AM
IPO Guru IPO Guru (1100+ Posts, 800+ Likes)
Definitely SME listing depends a lot on L. M.
55. Umang and his ultrasonic uproar |   Link |  Bookmark |March 21, 2018 6:50:12 PM
IPO Guru IPO Guru (1100+ Posts, 800+ 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.
55.1. share blaster |   Link |  Bookmark |March 22, 2018 9:27:04 AM
current price 154 (14000) profit
54. v for vendetta |   Link |  Bookmark |March 22, 2018 9:21:27 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Good listing!!!
53. IPOANALYSIS |   Link |  Bookmark |March 21, 2018 11:10:26 PM
NOT TO FORGET HSBC MUTUAL FUND HOLDING
52. Carn Mohan |   Link |  Bookmark |March 21, 2018 7:29:45 PM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
Pantomath Capital Advisors Private Limited. One of the best leadmanager
51. rajeevagrawal |   Link |  Bookmark |March 21, 2018 4:44:38 PM
0/19
51.1. Sinewave |   Link |  Bookmark |March 21, 2018 6:01:35 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Big Surprise
50. Sinewave |   Link |  Bookmark |March 21, 2018 6:00:14 PM
IPO Mentor IPO Mentor (600+ 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.
49. Sanjay parmar |   Link |  Bookmark |March 21, 2018 12:19:34 AM
0/9
49.1. Sinewave |   Link |  Bookmark |March 21, 2018 4:23:57 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Retail was around 7x.

Surprised 0/9
48. Sinewave |   Link |  Bookmark |March 21, 2018 4:11:23 PM
IPO Mentor IPO Mentor (600+ 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
48.1. Sinewave |   Link |  Bookmark |March 21, 2018 4:13:33 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Good listing expected.

Best wishes to allotees.
47. Ketanppatel |   Link |  Bookmark |March 21, 2018 12:25:42 PM
Listing kab he