MacPower CNC Machines IPO

Issue Size: 26,15,000 Equity Shares

Pre IPO: 4,25,000 Equity Shares

Price Band: Rs. 126- Rs. 140

Lot Size: 1000 Equity Shares

• Participation of HSBC Mid Cap Equity Fund and HSBC Infrastructure Equity Fund in Pre-IPO Placement.

• Very low Debt to Equity Ratio of 0.18.

• Negligible working capital requirement as customers pay in advance at the time ofplacing order.

• Setting Up of Backward Integration facility

• Key Clienteles in Auto, Defence, Engineering & Agri Sector.

• Some of the Key Customers are Kalyani Forge, Varroc, Gun & Shell Factory, Graphite India, upreme Ind, Mitter Fastners, Rinox Engineering.

• Serving 60 plus models catering 27 Product Categories

• 1HFY18 RoCE at 38%, FY17 RoCE at 28%-

• PAT has risen from Rs. 27.57lakhs in FY 2013-14 to Rs. 79.39lakhs in FY 16-17 at a CAGR of 42.27% during FY 2016-17.

• In FY17 the raw material to sales ratio was 76%, which in H1FY18 has reduced to 50% & improved margins.

• Sales & Service centre presence in 31 cities across the country with 107 qualified engineers.

IPO Up-to-Date