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Open
12 Mar 2018
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Close
14 Mar 2018
3
Allotment
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Listing
Thu, Mar 22, 2018
Price Band
₹126 to ₹140
Issue Size
26,15,000 shares (agg. up to ₹37 Cr)
Lot Size
1,000 Shares
Listing Date
Thu, Mar 22, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.65x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 33.50 | 32.41 | 24.99 | 26.71 |
| Total Income | 46.45 | 69.55 | 64.16 | 64.26 |
| Profit After Tax | 2.50 | 0.79 | 0.49 | 0.29 |
| NET Worth | 6.81 | 3.66 | 2.86 | 1.87 |
| Reserves and Surplus | 6.09 | 3.06 | 2.26 | 1.37 |
| Total Borrowing | 1.01 | 3.91 | 3.96 | 7.62 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| ICE Make Refrigeration Ltd. | SME | ₹23.71 Cr | ₹57 | null | ₹68.40 | +20.00% | ₹800.80 (-0.48%) |
| Jash Engineering Ltd. | SME | ₹48.01 Cr | ₹120 | null | ₹144.00 | +20.00% | ₹520.45 (-1.44%) |
| Captain Technocast Ltd. | SME | ₹5.70 Cr | ₹40 | null | ₹48.50 | +21.25% | ₹221.00 (+0.45%) |
| Meera Industries Ltd. | SME | ₹3.89 Cr | ₹36 | null | ₹36.05 | +0.14% | ₹43.22 (-2.00%) |
| Salasar Techno Engineering Ltd. | Mainboard | ₹35.95 Cr | ₹108 | null | ₹262.50 | +143.06% | ₹6.03 (-0.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of Backward Integration Facility | 32.90 |
| 2 | General corporate purposes | 6.48 |
About Macpower CNC Machines IPO
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.+ Read More
Contact Details
Macpower CNC Machines Ltd. AddressPlot No.2234Nr.Krnati GateGIDC Metoda Tal LodhikaRajkot, Gujarat, 360007+91-02827-287930info@macpowercnc.comVisit Website