Issue Price
₹140
Per Share
GMP
NIL
Grey Market
Est. Listing
₹140
Expected Price
Min. Application
₹280,000
2 lots × 1000 shares
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.
Macpower CNC Machines Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 153,000 | — | ₹2.14 Cr | — |
| TOTAL | 2,615,000 | 100.00% | ₹36.61 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹140,000 |
| Retail (Max) | 13 | 13,000 | ₹1,820,000 |
| sNII (Min) | 14 | 14,000 | ₹1,960,000 |
| bNII (Min) | 68 | 68,000 | ₹9,520,000 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |