Macpower CNC Machines Limited Profile
Incorporated in 1985, Macpower entered into the global world of Machine tools. They had started work experience in machine tools with Lathe Machines, on the tiny basis. Over the years, gradually but steadily the progress was on the way towards success and achieved the Landmark of 12000 machines running successfully all over India as well as abroad in the year 2004. MacPower is ISO registered (ISO 9001:2008) by BSCIC India and also completely quality assurance label by TUV SUDDEUTSCHLAND INDIA PVT. LTD. (Germany).
They design and built machine tools that are famous for their ability to deliver real cost of ownership value. Their success is the result of an invincible combination of quality, performance, and price. With motto “WIDE RANGE WIDE CHOICE”, Macpower developed varieties of machine viz. medium Duty Under/Upper Counter Lathe Machines, Medium Duty 215 All Geared Head Lathe, Heavy Duty 265 All Geared Lathe, XYZ Axis Fully Automatic All Geared Milling Machine and Universal Geared Head Milling Machines under “TURNER” & “TURBO” brand.
They have opened new 12,000 square feet facility at Metoda. This modern headquarters contains a spacious new machine Assembly shop, Hi-tech manufacturing facility, Spindle assembly room, Standard room, training facilities, sales office and dedicated CAD center fully equipped with the latest generation of CAD workstations and Pro/ENGINEER as design and Analysis software.
Macpower CNC Machines Limited Promoters:
The Promoters of the company are: Rupesh Mehta and Nikesh Mehta.
Macpower CNC Machines Limited IPO details:
Symbol: MACPOWER
Issue Size: Public issue of 26,15,000 Equity Shares (including Market Maker reservation portion of 1,53,000 equity shares)
Face Value: Rs 10
Price Range: Rs 126 to Rs 140
Issue Type: 100% Book Building
Bid Lot: 1000 Equity Shares and in multiples thereof.
Minimum Order Quantity: 1000 Equity Shares
Issue Period: 12-March-2018 to 14-March-2018
Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
Name of the Registrar: Link Intime India Private Limited
IPO Market Timings: 10.00 a.m. to 5.00 p.m.
Listing at: NSE SME
Macpower CNC Machines Limited Financials
| Macpower CNC Machines financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2018 | |
| Total revenue | 37.57 | 42.37 | 64.26 | 64.16 | 69.55 | 46.45 |
| Total expenses | 39.35 | 41.96 | 64.03 | 63.42 | 68.48 | 42.71 |
| Profit after tax | -1.22 | 0.28 | 0.29 | 0.49 | 0.79 | 2.50 |
Bid Details for MACPOWER as on 14-Mar-2018 15:45:01 IST
| Sr. No | Category | No of shares bid for |
| 1 | Qualified Institutional Buyers(QIBs) | 5,82,000 |
| 2 | Non Institutional Investors | 15,87,000 |
| 3 | Retail Individual Investors(RIIs) | 54,72,000 |
| 4 | Employees | – |
| Total | 76,41,000 |
Macpower CNC Machines Limited Allotment Status:
Macpower CNC Machines Limited IPO Allotment Date: n/a
Macpower CNC Machines Limited IPO Listing Date: n/a
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