Macfos IPO Details

IPO Open Feb 17, 2023
IPO Close Feb 21, 2023
IPO Price ₹102
Face Value ₹10
IPO Size ₹23.74 Cr
Listing At BSE SME
Lot Size 1200
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Macfos IPO Date & Price

The Macfos IPO opens on Feb 17, 2023 and closes on Feb 21, 2023.

Macfos IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Feb 17, 2023
  • Bid/Offer Closes On: Feb 21, 2023
  • Finalization of Basis of Allotment: Feb 24, 2023
  • Initiation of refunds: Feb 27, 2023
  • Credit of Equity Shares: Feb 28, 2023
  • Listing Date: Mar 1, 2023

Macfos IPO price is set at ₹102 per equity share.

Macfos IPO will close for subscription at 5 PM on Feb 21, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Macfos IPO starts on Feb 17, 2023. The issue ends on Feb 21, 2023.

Macfos IPO Issue Size and Subscription Status

The Macfos IPO size is 2328000 Equity Shares of ₹10 aggregating up to ₹23.74 Cr.

Macfos Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Macfos IPO shares through the banks (using ASBA) or through the broker (using UPI).

Macfos IPO Offer Size

Qualified Institutional Buyers (QIB)1,104,000 Shares
Non-Institutional Investors (NII)332,400 Shares
Retail Individual Investor (RII)775,200 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,328,000 Shares

Macfos IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)21.60 times times
Non-Institutional Investors (NII)659.99 times times
Retail Individual Investor (RII)268.45 times times
Employee Reservations times
Other Reservations times
Total Issue Size193.87 times times

Click here to check the Macfos IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Macfos IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Macfos IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Macfos IPO Allotment and Listing

The Macfos IPO allot status will be available online on Feb 24, 2023. Check the Macfos IPO Allotment Status here.

Click here to check Macfos IPO Allotment Status.

Macfos IPO listing Date is Mar 1, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Macfos IPO listing date and time is published by the exchange in a circular.

Click here to view the Macfos IPO Basis of Allotment.

It is hard to say at what price Macfos IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Macfos IPO shares will list on Mar 1, 2023 at BSE SME.

Macfos IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Macfos IPO which could help you with questions like Macfos IPO buy or not? You should also read Macfos IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Macfos IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Macfos IPO performance. The performance reports are available 1 day after listing.