Macpower CNC Machines IPO

Macpower CNC Machines IPOBusiness description - Macpower CNC Machines 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. Adding to the solution capabilities, Macpower has also offered Robotic Automation integrated with CNC machines to cope up the demand of technology driven machining excellence.

Promoters of Macpower CNC Machines – Rupesh Mehta and Nikesh Mehta
Macpower CNC Machines IPO details
Subscription Dates12 - 14 March 2018
IPO Price bandINR126 - 140 per share
Fresh issue 2,615,000 shares (INR32.95 - 36.61 crore)
Offer for sale Nil
Total IPO size2,615,000 shares (INR32.95 - 36.61 crore)
Minimum bid (lot size)1,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
Use of funds
  • Setting Up Backward Integration Facility - INR32.90 crore
  • General Corporate Expenses
Macpower CNC Machines' financial performance (in INR crore)
FY2013FY2014FY2015FY2016FY2017H1 FY2018
Total revenue37.5742.3764.2664.1669.5546.45
Total expenses39.3541.9664.0363.4268.4842.71
Profit after tax-1.220.280.290.490.792.50
Macpower CNC Machines' Contact Details

Macpower CNC Machines Limited
Plot No.2234
Nr. Krnati Gate, GIDC Metoda
Tal Lodhika, Rajkot 360 007

Phone: +91 02827 287930
Email: [email protected]
Website: www.macpowercnc.com

Macpower CNC Machines IPO Subscription Details
DaySubscription (no. of times)
Day 10.73
Day 21.27
Day 34.89
Macpower CNC Machines Valuation (Latest FY)

Earnings Per Share (EPS): INR1.19

Price/Earnings (P/E) ratio: 105.88 - 117.64

Return on Net Worth (RONW): 21.70%

Net Asset Value (NAV): INR5.50 per share

Registrar of Macpower CNC Machines IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai - 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Macpower CNC Machines IPO Allotment Status

Macpower CNC Machines IPO allotment status is now available on Link Intime's website. Click on this link to get allotment status.

Listing performance of Macpower CNC Machines

IPO Opening Date: 12 March 2018

IPO Closing Date: 14 March 2018

Finalisation of Basis of Allotment: 19 March 2018

Initiation of refunds: 20 March 2018

Transfer of shares to demat accounts: 21 March 2018

Listing Date: 22 March 2018

Listing Price on NSE SME: INR149 per share (up 6.42% from IPO price)

Closing Price on NSE SME: To be updated

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