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 Equipmentís, 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

IPO Opening DateMar 12, 2018
IPO Closing DateMar 14, 2018
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹126 to ₹140 per equity share
Market Lot1000 Shares
Min Order Quantity1000 Shares
Listing AtNSE SME
Issue Size2,615,000 Eq Shares of ₹10
(aggregating up to ₹36.61 Cr)

Macpower CNC Machines IPO Lot Size

The Macpower CNC Machines IPO market lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹140,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum11000₹140,000
Maximum11000₹140,000

Macpower CNC Machines IPO Subscription Status (Bidding Detail)

The Macpower CNC Machines IPO is subscribed 3.80x times on Mar 14, 2018 17:00. The public issue subscribed 5.07x in the retail category, in the QIB category, and 1.92x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

1.92x

RII

5.07x

Total

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 DateThursday, March 22, 2018
BSE Script Code
NSE SymbolMACPOWER
Listing In
ISININE155Z01011
IPO Price₹140 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹140.00
Open:₹149.00
Low:₹140.00
High:₹164.95
Last Trade:₹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
Email: info@macpowercnc.com
Website: http://www.macpowercnc.com

Macpower CNC Machines IPO Registrar

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

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

Macpower CNC Machines IPO FAQs

  1. What is Macpower CNC Machines IPO?

    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 equity share. The minimum order quantity is 1000 Shares.

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

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

  2. When Macpower CNC Machines IPO will open?

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

  3. What is the lot size of Macpower CNC Machines IPO?

    Macpower CNC Machines IPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.

  4. How to apply for Macpower CNC Machines IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Macpower CNC Machines IPO allotment?

    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.

  6. When is Macpower CNC Machines IPO listing date?

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

Macpower CNC Machines IPO Message Board

Ranked Members  Ranked Members

Loading...
66. Samir Gohel |Apr 6, 2018 11:00
Make New High
65. Bholabhala |Apr 4, 2018 17:05
any idea why it is running like this?
65.1. COMMONMAN |Apr 4, 2018 18:43
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 |Apr 4, 2018 11:58
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 |Apr 4, 2018 11:58
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Buyers : 221,000
Sellers : 18,000
63. research for wealth |Apr 3, 2018 11:47
look like , all listing gain investor stock sold and price is soaring due to hni and institutional demand
62. Sinewave |Mar 26, 2018 17:33
IPO Mentor IPO Mentor (500+ 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 |Mar 26, 2018 18:58
IPO Mentor IPO Mentor (500+ 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.
61. COMMONMAN |Mar 22, 2018 09:33
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Looks Upper Curcuit will come
Buyers : 331,000
Seller : 82,000
61.3. Sinewave |Mar 22, 2018 18:52
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.
61.4. COMMONMAN |Mar 22, 2018 22:50
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 |Mar 22, 2018 09:48
IPO Mentor IPO Mentor (500+ 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.
60.7. v for vendetta |Mar 22, 2018 18:52
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
@sinewave
Can you please guide me how to sell applications in grey. I will really appreciate that.
60.8. K...... |Mar 22, 2018 22:46
@sinewave , can you please tell how to sell in gmp ?
59. Sinewave |Mar 22, 2018 19:02
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.
59.3. Reet |Mar 22, 2018 20:31
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 |Apr 11, 2018 10:46
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 |Mar 22, 2018 15:07
Aur yahan so called analyst macpower ko avoid karne ko keh rahe the..costly bol rahe the..????
57. research for wealth |Mar 22, 2018 13:17
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 |Mar 22, 2018 09:22
Top Contributor Top Contributor (200+ Posts)
Mano Ya Na Mano.. Pantomathc Magic is there.. SME listing always depends upon Lead Manager
56.1. Umang and his ultrasonic uproar |Mar 22, 2018 09:44
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Definitely SME listing depends a lot on L. M.
55. Umang and his ultrasonic uproar |Mar 21, 2018 18:50
IPO Mentor IPO Mentor (500+ 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.
55.1. share blaster |Mar 22, 2018 09:27
current price 154 (14000) profit
54. v for vendetta |Mar 22, 2018 09:21
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Good listing!!!
53. IPOANALYSIS |Mar 21, 2018 23:10
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
NOT TO FORGET HSBC MUTUAL FUND HOLDING
52. Carn Mohan |Mar 21, 2018 19:29
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Pantomath Capital Advisors Private Limited. One of the best leadmanager
51. rajeevagrawal |Mar 21, 2018 16:44
0/19
51.1. Sinewave |Mar 21, 2018 18:01
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Big Surprise
50. Sinewave |Mar 21, 2018 18:00
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.
49. Sanjay parmar |Mar 21, 2018 00:19
0/9
49.1. Sinewave |Mar 21, 2018 16:23
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Retail was around 7x.

Surprised 0/9
48. Sinewave |Mar 21, 2018 16:11
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
48.1. Sinewave |Mar 21, 2018 16:13
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Good listing expected.

Best wishes to allotees.
47. Ketanppatel |Mar 21, 2018 12:25
Listing kab he







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