Macfos Share Price

Macfos Limited was incorporated as Macfos Private Limited on September 26, 2017 vide certificate of incorporation by Registrar of Companies. Subsequently, pursuant to Special Resolution on December 28, 2022, Company converted into a Public Company and consequently name of the Company was changed from to Macfos Limited vide a fresh certificate of incorporation dated January 06, 2023 issued by the Registrar of Companies, Pune. The Company is primarily an ecommerce 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. The broad portfolio consists of over 12,000 SKUs 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 RD and prototyping cycle.The existing Promoters of the Company formed the Partnership Firm, Macfos, in 2012 and started the electronics ecommerce store website Robu.in in 2014 and launched the Mobile application in 2017. Later in the month of Aug.2014, Sachin Chandrashekhar Khante retired from the partnership firm and Jayesh Jain entered in the firm. Upon incorporation of our Company, the business of Macfos Partnership Firm along with its assets and liabilities was acquired by Company on September 27, 2018.In 2021, it launched customized products in the segment of FDM 3d printing, non metal laser cutting and custom Liion battery pack. It has further launched customized products in the segment of metal laser cutting, SLA 3d printing and PCB manufacturing service in year 2022. As on September 30, 2022, the Company is connected with over 140 overseas and domestic vendors for sourcing the electronic items and parts. Besides,a portfolio of 3 owned brands, which are manufactured/procured are built through their RD efforts.During Dec22, the Company expanded their offerings by launching 6 new customized products relating to metal laser cutting, nonmetal laser cutting, SLA 3d printing, FDM 3d printing, PCB manufacturing service and custom Liion battery pack. It has internally developed ERP software which is used for order processing, purchase, inventory management, shipping, billing, interdepartmental functioning etc.The Company is planning to raise capital from Public by issuing 23,28,000 Equity Shares through Offer for Sale.