MACFOS IPO Analysis at Chanakyanipothi.com,
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On 1st March 2023, the scrip listed at Rs. 184 (Issue Price Rs. 102)

 

MACFOS: Company Details

MACFOS is primarily an e-commerce-based Company focused on the marketing of a broad range of electronic components which finds application in basic and advanced engineering products & projects, including emerging technologies such as IoT, Robotics, Automations, Drone, Electric Vehicles, 3D Printing and Auto Guided Vehicles. Its broad portfolio consists of over +12,000 SKU’s of electronics components and parts that facilitate consumers such as manufacturers, electrical & mechanical engineering students, educational institutions, researchers and developers, to turn their ideas into reality as well as to speed up their product R&D and prototyping cycle.
Through its e-commerce website and mobile application, Robu.in, we sell a broad range of electronic items, including robotic parts, drone parts, E-bike parts, IoT & Wireless items, 3d printer & parts, DIY learning kits, development boards, raspberry Pi (Single board computers& Peripherals), sensors, motors, motor drivers, pumps, batteries, chargers, electronic modules & displays and various other mechanical and electronic components.

As on September 30, 2022, it is connected with over +140 overseas and domestic vendors for sourcing the electronic items and parts. It also has a portfolio of 3 owned brands which are manufactured/procured from third parties based on the specifications built by it through its R&D efforts. With the dedicated fulfillment Centre in Pune, Maharashtra comprising of 7,900 sq. ft. area and third-party logistics services, it is capable to deliver the products across India as well as overseas. In F.Y. 2021-22, it has served over 2 lakh orders from all the 28 states of India and 6 Union Territories of India.

For F.Y. 2021-22, its revenue from operations were Rs. 5551.47 lakhs of which 62.59% were from online mode (website and mobile application) and 37.41% were through offline channel. For six months period ended September’22, it derived 51.47% of the revenue from online mode (website and mobile application) and 48.53% through offline channel. Under the offline channel, it generally serves Corporates and large enterprises. Some of the esteemed customers which have been served by it include ONGC, M&M, Hindustan Aeronautics Ltd., Tata Power Solar Systems Ltd., Central Electronics Engineering Research Institute, Pilani, Wipro Enterprises Pvt. Ltd., Bharat Forge Ltd., Tata Communications Ltd., Schneider Electric India Private Limited etc.

Some of the qualitative factors which form the basis for the Issue Price are:
a) Extensive and diverse portfolio of electronic items and parts along with content rich platform
b) Strong, diverse and growing customer base
c) Scalable and reliable technology platform
d) Experienced Promoters with strong management team having domain knowledge
e) Consistent track record of profitable growth and strong financial performance
For more information about the company, Click www.robu.in

Promoters of the IPO
Atul Maruti Dumbre, Binod Prasad, Nileshkumar Purshottam Chavhan

Objects of the IPO:
This is an offer for sale.

Go to Mainboard IPOs Section: Click