Macfos Limited Fund Raise, Ramkrishna Forgings Capacity Expansion And Cantabil Retail India Fund Raise
Macfos Limited
Recent filing: (FUND RAISE) BoD of Macfos Limited will meet on 27th Feb 2024 to consider and approve capital raise via issuance and allotment of equity shares by way of preferential allotment on a private placement basis.
SUMMARY: 4y Operating Profit uptrend | 2q Operating Profit uptrend | PE 48.2x (Sector PE range 50-100) | Fund raise | Tech platform
- MCap of INR 413 Crore (share price = INR 467 / share) (as on 23rd Feb ‘24)
- TTM PE 48.2x (as on 23rd Feb ‘24) Retail float = 15.6% (Dec-23)
What are the Products and Services of Macfos Limited?
Macfos Limited is engaged in the marketing of various electronic components, which finds its application in Automotive Industry, IoT Industry, Health Sector, Renewable Energy Sector, Drone manufacturing. Through its website and mobile application, Robu.in, it sells a broad range of electronic components like Robotic parts, Drone parts, Development Boards, Motors, Sensors, Motor Drivers, Pumps, Chargers etc.
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Ramkrishna Forgings Ltd.
Recent filing: (CAPACITY EXPANSION) BoD of Ramkrishna Forgings Ltd. approved an investment of up to INR 90 Cr for setting up forgings manufacturing facility in Mexico to manufacture End Yokes and Tube Yokes. This will have an installed capacity of 11,000 MT per annum and is expected to be operational by FY26.
SUMMARY: 4y Operating Profit uptrend | 2q Operating Profit uptrend | PE 43.0x (Sector PE range 30-50) | Excellent Dec-23 results | Fund raise | Capacity expansion | Acquisition | Geographical expansion | Promoter buying | Railways
- MCap of INR 13,620 Crore (share price = INR 753 / share) (as on 23rd Feb ‘24)
- TTM PE 43.0x (as on 23rd Feb ‘24) Retail float = 10.6% (Dec-23)
What are the Products and Services of Ramkrishna Forgings?
Ramkrishna Forgings Ltd. is involved in the manufacturing & sale of forged components of automobiles, railway wagons & coaches and engineering parts. It is a supplier to various sectors like Automotive, Railways, Farm Equipment, Bearings, Oil & Gas, Power and Construction, Earth Moving & Mining, both in India & overseas.
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Cantabil Retail India Ltd.
Recent filing: (FUND RAISE) BoD of Cantabil Retail India Ltd. has considered and approved the allotment of 20L Equity shares at an issue price of INR 252 each, aggregating to INR 50.4 Cr by way of Preferential Issue for Cash basis to Think India Opportunities Master Fund LP.
SUMMARY: 3y Operating Profit uptrend | PE 33.3x (Sector PE range 30-70) | Fund Raise | Institutional entry | Consumption
- MCap of INR 2,024 Crore (share price = INR 248 / share) (as on 23rd Feb ‘24)
- TTM PE 33.3x (as on 23rd Feb ‘24) Retail float = 7.58% (Dec-23)
What are the Products and Services of Cantabil Retail India?
Cantabil Retail India Ltd. is in the business of designing, manufacturing, branding and retailing of apparels under the brand name of CANTABIL. The CANTABIL brand offers the complete range of formal-wear, party-wear, casuals & ultracasual clothing for Men and Women in the middle to high income group. The company has 400+ exclusive retail outlets & employee strength of more than 3,700+ spread across India.