Macobs Technologies IPO

About Macobs Technologies Ltd

Founded in 2019, Macobs Technologies Limited specialises in male grooming products, offering an extensive range of items tailored for men's self-care needs. Through its website, Menhood, the company provides specialised trimmers for sensitive areas, hygiene products designed for male skin, briefs, and other self-care essentials. Macobs Technologies operates exclusively online, without physical stores or a traditional retail presence.

The company’s competitive strengths include targeting niche markets, particularly men's under-the-belt grooming, distinguishing it in a largely overlooked segment. Its e-commerce strategy enhances market reach, reduces overhead costs, and allows for greater operational flexibility. Macobs Technologies’ innovative product range addresses specific grooming needs, fulfilling a unique market demand.

The company emphasises a customer-focused approach, actively engaging with customers to understand and cater to their preferences. This engagement strengthens customer relationships and loyalty. Additionally, Macobs Technologies leverages an educational content strategy to shift societal views on male grooming, building brand authority and trust.

Sustainability and ethics are core to the company's values, demonstrated through its commitment to eco-friendly packaging and sustainable sourcing, aligning with the growing consumer focus on environmental and social responsibility. Macobs Technologies Limited employs 15 full-time employees dedicated to advancing the company's mission and vision.

Industry Outlook:

1. The Indian online grocery market is projected to surge from US$ 3.95 billion in FY21 to US$ 26.93 billion by 2027, with a 33% CAGR.
2. By 2030, India's consumer digital economy is expected to reach US$ 1 trillion, fueled by rapid e-commerce and edtech adoption, up from US$ 537.5 billion in 2020.

Macobs Technologies Limited IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

1. Customer Acquisition - Marketing & Awareness
2. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company;
3. Working Capital Requirements
4. General corporate purposes; and
5. To meet the Issue expenses

Peer Details

The companies considered by Macobs Technologies as its peers include:

1. Fsn E-commerce Ventures Limited
2. Honasa Consumer Limited

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Contact Details of Macobs Technologies Limited IPO

• Registered office: Plot No. A-305, Backside National Handloom Corp. Vaishali Nagar, Jaipur, Rajasthan, India, 302021
• Phone: +91 8062195170
• E-mail: compliance@macobstech.com