Macobs Technologies, a company that makes products for men’s grooming, is offering its shares to the public for the first time. This is known as an Initial Public Offering (IPO). The IPO started today, Tuesday, July 16, and will end on Friday, July 19.

Macobs Technologies makes products that men use to look after themselves. These products help men look and feel good. The company was started in 2019.

IPO Details

  • Price: Each share of Macobs Technologies will cost between ₹71 and ₹75.
  • Money Raised: The company hopes to collect ₹19.46 crore by selling 25.95 lakh shares.
  • How to Buy: You can buy shares through your bank or stockbroker.
  • Important Dates:
    • IPO opens: July 16, 2024
    • IPO closes: July 19, 2024
    • Allotment of shares: July 22, 2024 (expected)
    • Listing on the stock exchange: July 24, 2024 (expected)

To buy shares in this IPO, you need to buy at least 1600 shares. This will cost you between ₹1,13,600 and ₹1,20,000.

You can find more details about the IPO on the company’s website or by contacting your bank or stockbroker.

Note: Investing in shares can be risky.The value of shares can rise or fall. It’s important to do your own research before investing.

By Bhoi Smrutirekha Dharanidhar

Smrutirekah is a finance enthusiast with a background in financial planning. Her passion for money management drives her to share practical tips and insights on this blog, empowering readers to take control of their finances. With clear, actionable advice, she helps oth

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