Marco Secure Solutions Ltd. IPO Details
Marco Secure Solutions was incorporated on June 4, 2019. The company provides integrated engineering solutions for greenfield and brownfield infrastructure projects through three segments: Engineering Design and Consulting, Engineering Procurement and Construction (EPC) Projects, and Operations and Maintenance Services. Its capabilities cover the project lifecycle from conceptualisation, design and planning to execution and post-installation support
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 3.4 M | - | - | ₹0 | DRHP DOC |
Marco Secure Solutions issue details
Marco Secure Solutions has 3.4 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Marco Secure Solutions IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | BSE |
Marco Secure Solutions NUMBER OF SHARES ON OFFER
Marco Secure Solutions FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 33.2 | 8.3 | 3.5 | 3.0 | 33.5% |
| FY25 | 26.8 | 4.7 | 2.0 | 1.9 | 24.0% |
| FY24 | 6.1 | 0.3 | 0.3 | 0.1 | 6.0% |
Marco Secure Solutions INFORMATION ON IPO ISSUE
About Marco Secure Solutions
Marco Secure Solutions was incorporated on June 4, 2019. The company provides integrated engineering solutions for greenfield and brownfield infrastructure projects through three segments: Engineering Design and Consulting, Engineering Procurement and Construction (EPC) Projects, and Operations and Maintenance Services. Its capabilities cover the project lifecycle from conceptualisation, design and planning to execution and post-installation support
Object of the Issue
- Funding of capital expenditure towards purchase of strategic office premises at Pune, Maharashtra
- Working capital requirements of the company
- General corporate purpose
Marco Secure Solutions - PROMOTERS
| Name |
|---|
| Amol Gajanan Nale |
| Chandasudha Goswami |
| Sonawane Vinod Uttam |
| Shekhar Shivaji Nale |
Marco Secure Solutions - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Amol Gajanan Nale | Chairman, Managing Director & CEO |
| Chandasudha Goswami | Whole-Time Director & Chief Operations Officer |
| Sonawane Vinod Uttam | Executive Director |
| Shekhar Shivaji Nale | Non-Executive Director |
| Sanjiv Raghvendra Betdur | Independent Director |
| Sarika Abhijit Kulkarni | Independent Director |
| Pritam Ramesh Bhutada | Independent Director |
Marco Secure Solutions Book Running Lead Manager
Cumulative Capital Private Limited
contact@cumulativecapital.group
Marco Secure Solutions Registrar to the Offer
MUFG Intime India Private Limited
marcosecure.smeipo@in.mpms.mufg.com
Marco Secure Solutions Strengths
Integrated engineering solutions
The company provides integrated engineering solutions across infrastructure systems through Engineering Design and Consulting, EPC Projects, and Operations and Maintenance Services. Its offerings cover the project lifecycle across fire safety, MEP, BMS, IT infrastructure, data centres and electronic security, serving commercial, industrial, residential, healthcare, institutional and infrastructure sectors
Diversified service portfolio
The company has expanded from fire safety solutions into allied engineering segments such as MEP, BMS, IT infrastructure, data centres and electronic security systems. Its diversified portfolio enables integrated solutions across multiple engineering systems and supports participation in varied infrastructure projects across industries
Client relationship
Since commencing operations, the company has completed over 200 projects across six Indian states for clients in IT, manufacturing, real estate, banking, healthcare and defence. Its experience covers engineering design, CAD drafting, detailed drawings, MTO, technical consulting, project execution and maintenance, supporting its ability to handle diverse technical and site requirements
Marco Secure Solutions Risks
Working capital intensive
The company requires substantial working capital to fund material procurement, manpower, vendor and subcontractor payments, project execution and maintenance before receiving customer payments. Higher project requirements, delays in certification or collections, reduced supplier credit or increased material costs could strain liquidity and adversely affect its ability to execute projects and meet operational obligations
Project execution delay risks
The company’s projects involve multiple stages such as design, procurement, installation, testing and commissioning, making timely completion dependent on effective coordination and various external factors. Delays due to site handover, approvals, material shortages, labour, weather, supply disruptions or contractor coordination could cause cost overruns, penalties, liquidated damages, payment delays and adversely affect its business and financial performance
Cybersecurity risks
The company’s operations involve collecting, storing and processing information through data centres, surveillance systems, BMS and IoT platforms, exposing it to cybersecurity and data privacy risks. Cyberattacks, data breaches, system vulnerabilities or non-compliance with the Digital Personal Data Protection Act, 2023 could lead to regulatory action, service disruptions, higher costs, loss of customer confidence and adverse financial impact
IPO FAQs
The promoters of the company are Amol Gajanan Nale, Chandasudha Goswami, Sonawane Vinod Uttam and Shekhar Shivaji Nale.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.