Macpower CNC IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Macpower CNC Machines Ltd incorporated is based in Rajkot. Macpower CNC is a manufacturer of CNC Turning Centers, Vertical and Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, Drill Tap Center, Twin Spindle VMC and More. The company is proving their products to sectores like Agriculture, Earth Moving Equipments, Automobile, Petrolium, Aerospace, Construction, Defence, PSUs, Petrolium and more. Macpower CNC ipo is starting from 12 March and ends on 14 March. The price band is around Rs.126-140 with 10000 market lot. The ipo size is around 36.61 crore rupees.

IPO Review:

• Risky

Macpower CNC IPO Dates & Price Band:

• IPO Open: 12 March 2018
• IPO Close: 14 March 2018
• IPO Size: Approx Rs 36.61 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs 126-140 Per Equity Share
• Listing on: NSE SME
• Shares: 2,615,000
• Retail Portion: 50%

IPO Market Lot:

• Shares: Apply for 1,000 Shares (Minimum Lot Size)
• Amount: Rs.1,40,000

Financial Results:

Rs. in Crore
	2013	2014	2015	2016	2017
Revenues	37.57	42.37	64.26	64.16	69.55
Expenses	39.35	41.96	64.03	63.42	68.48
PAT	(1.22)	0.28	0.29	0.19	0.19

Grey Market Premium:

• The grey market is around Rs.10000 Subject to Sauda.

Macpower CNC IPO Subscription Status:

• IPO Subscribed 4.89 times overall
  

Macpower CNC IPO Allotment Status:

• Click Here

Company Promoters:

• Rupesh Mehta
• Nikesh Mehta

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: info@macpowercnc.com
Website: http://www.linkintime.co.in
IPO Lead Managers:

• PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

Company Address:

Macpower CNC Machines Ltd
Plot No. 2234 Nr. Krnati Gate,
GIDC Metoda Tal Lodhika,
Rajkot - 360007
Phone: +91-02827-287930
Fax: +91-02827-287933
Email: info@macpowercnc.com
Website: http://www.macpowercnc.com