Component Source
Component Source (Bafna Devices Private Limited) is a Mumbai-based trader, wholesaler, and distributor of electronic components — ICs, microcontrollers, voltage regulators, sensors, and semiconductors — serving Indian electronics manufacturers and PCB assemblers via the IndiaMART B2B marketplace.
- Company typePrivate
- Founded2010
- HeadquartersMumbai, India
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Component Source does
Bafna Devices Private Limited, operating as Component Source, is a Mumbai-based trader, wholesaler, and distributor of electronic components serving the Indian electronics manufacturing market. The company was established in 2010 under the guidance of Mr. Rajendra Bafna and operates from a single headquarters at Diamond Plaza, Girgaon (Lamington Road), Mumbai, Maharashtra. It distributes a broad portfolio of active and passive electronic components spanning integrated circuits, microcontrollers (AVR, PIC, ARM Cortex-M, and 8051 architectures), voltage regulators, DC-DC converters, memory ICs, sensors, transistors, MOSFETs, communication modules, and development boards sourced from global semiconductor manufacturers including Texas Instruments, Microchip, STMicroelectronics, Nuvoton, Renesas, Winbond, and Vishay.
The business operates as a B2B wholesale distribution model, generating revenue through per-unit sales of physical components at prices ranging from ₹0.30 to ₹675 per piece, with volume pricing available via reel/box packaging and minimum order quantities typically between 50 and 5,000 pieces. The primary go-to-market channel is the IndiaMART B2B marketplace, where the company holds TrustSEAL Verified status and reports an 85% call response rate, supplemented by a direct website with inquiry/quote functionality. Customer segments are defined horizontally as Indian electronics manufacturers, PCB assemblers, and product developers. The company has 1-10 employees, is family-owned and bootstrapped with no external funding, and reports an annual turnover in the 5-25 Crore INR range. There is no evidence of proprietary technology, software platforms, or AI/ML capabilities; the business is a traditional commodity distribution operation reliant on established supplier relationships and marketplace-driven lead generation.
Component Source firmographics
Firmographics- Name
- Component Source
- Legal name
- Bafna Devices Private Limited
- Website
- https://bafnadevices.in
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Component Source (Bafna Devices Private Limited) is a Mumbai-based trader, wholesaler, and distributor of electronic components — ICs, microcontrollers, voltage regulators, sensors, and semiconductors — serving Indian electronics manufacturers and PCB assemblers via the IndiaMART B2B marketplace.
- Ownership category
- akta.pro rank
Component Source industry classification
Industry- Product category
- Electronic Components Distribution
- NAICS
- Other Electronic Component Manufacturing (334419), Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing (334416)
- SIC
- Electronic Components & Accessories (3670), Wholesale-Electronic Parts & Equipment, Nec (5065)
- akta.pro primary industry
- Electronic Components (Resistors, Capacitors, Inductors) Retail (CRACAKAA)
- akta.pro secondary industry
- PCB, Prototyping Boards & Etching Supplies Retail (CRACAKAF)
Keywords
Where Component Source is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Component Source business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure
Revenue model
- Electronic Component Sales: Revenue generated through wholesale and distribution of electronic components including integrated circuits, microcontrollers, transistors, voltage regulators, sensors, and development boards. Components are sourced from global manufacturers including Texas Instruments, Microchip, STMicroelectronics, Nuvoton, Renesas, and others. Sales are conducted per-unit with pricing ranging from ₹0.30 to ₹675 per piece depending on component type and brand.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Per-unit wholesale pricing for electronic components |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Component Source product offering
Product offeringCore offering
Component Source is a trader, wholesaler, and distributor of electronic components including integrated circuits (ICs), microcontrollers, voltage regulators, DC-DC converters, memory ICs, sensors, transistors, MOSFETs, communication modules, and development boards sourced from major global semiconductor manufacturers. The company supplies these components per-piece at wholesale rates to electronics manufacturers, PCB assemblers, and product developers across India.
Product overview
Component Source operates as a distributor and wholesaler of electronic components, serving primarily the Indian electronics manufacturing market. The company offers a broad portfolio of active and passive electronic components including integrated circuits (ICs), microcontrollers from multiple architectures (AVR, PIC, ARM Cortex-M, 8051), voltage regulators (linear and switching), DC-DC converters, memory ICs, sensors, discrete semiconductors, and communication modules. Products span major semiconductor brands including Texas Instruments, STMicroelectronics, Microchip, Nuvoton, Renesas, Winbond, and Vishay. The business model focuses on trading, wholesale, and distribution of these physical components rather than a unified software platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Integrated Circuits (ICs) A broad category of electronic components including ICs, amplifiers, clock ICs, LED drivers, motor drivers, and specialized chips (e.g., RS-232/RS-485 transceivers, CAN bus transceivers, USB-to-serial bridges) for various electronics applications. Targeted at electronics manufacturers, PCB assemblers, and product developers in India.
- Microcontrollers Programmable microcontroller chips from major manufacturers including Microchip (AVR, PIC families), STMicroelectronics (STM8, STM32 series), Nuvoton (8051-based and ARM Cortex-M), Renesas, Megawin, and MindMotion for embedded systems applications. Targeted at embedded systems developers and electronics manufacturers.
- Voltage Regulators Linear and switching voltage regulator ICs including LDO regulators, step-down (buck) converters, and step-up (boost) converters from brands like Texas Instruments, STMicroelectronics, and XLSEMI for power management in electronic circuits. Targeted at power supply designers and electronics manufacturers.
- DC-DC Converters DC-DC converter modules and ICs including buck converters, boost converters, and isolated converters for power supply design, ranging from 1W to 5A capacity applications. Targeted at electronics product developers and power supply manufacturers.
- Memory ICs Memory components including EEPROM (serial and parallel), Flash memory, and SRAM chips from manufacturers like STMicroelectronics, Winbond, and Microchip for data storage applications. Targeted at electronics manufacturers requiring embedded memory.
- Sensors Various sensor ICs including temperature sensors (LM35, DS18B20), current sensors (ACS712), optical sensors, and pressure sensors for industrial and consumer electronics applications. Targeted at industrial and consumer electronics manufacturers.
- Transistors and MOSFETs Discrete semiconductors including N-channel and P-channel MOSFETs, bipolar transistors, Darlington transistors, TRIACs, and motor driver ICs for power switching and control applications. Targeted at power electronics designers and manufacturers.
- GSM/GPRS Communication Modules GSM/GPRS modules such as SIM800C for cellular connectivity, enabling IoT and remote monitoring applications with industrial interfaces. Targeted at IoT solution developers and industrial equipment manufacturers.
- Clock and Timing ICs Real-time clock (RTC) ICs including DS1307, HT1381, and compatible variants for timekeeping, calendar functions, and timing applications in electronic systems. Targeted at electronics manufacturers requiring timekeeping functions.
- Interface ICs Protocol-specific interface ICs for RS-232, RS-485, CAN bus, USB, and GPIO expansion supporting I2C and SPI communication standards. Targeted at electronics manufacturers building communication-enabled devices.
Companies that use Component Source
Customer profileSegments1 record
Ideal customer profiles1 record
Component Source technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Component Source partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights2 records
Component Source competitors and assessment
Company assessmentBroad incumbents
- Arrow Electronics: Large global broadline electronic component distributor serving OEMs and EMS providers. Overlaps with Component Source on semiconductor and module distribution but operates as a multi-billion-dollar incumbent with value-added design and supply-chain services.
- Avnet: Global broadline electronic component distributor with design-chain and supply-chain services. Comparable component portfolio to Component Source, but at enterprise scale with deeper franchised-brand relationships and global logistics.
Emerging players
- Robu.in: India-based online retailer of electronic components, development boards, and modules targeting hobbyists, students, and small manufacturers. Closest emerging Indian online peer to Component Source with overlapping product categories (microcontrollers, sensors, development boards).
Direct peers
- Mouser Electronics: Global authorized distributor of semiconductors and electronic components, shipping to India and worldwide. Directly comparable to Component Source in product mix (ICs, microcontrollers, passives, sensors) and B2B buyer base, but at vastly larger scale.
- element14 (Farnell): Global authorized electronic component distributor operating in India via element14 India. Directly comparable multi-brand catalog of ICs, microcontrollers, and passives, serving the same Indian engineering and manufacturing customers.
- Evelta Electronics: India-based B2B distributor of electronic components, semiconductors, and development tools. Directly comparable Indian-scale peer serving the same electronics manufacturer and maker customer base as Component Source.
- RS Components: International distributor of electronic, electrical, and industrial components with established India operations. Competes head-on with Component Source for Indian B2B buyers of semiconductors, passives, and development tools.
- Digi-Key Electronics: One of the largest global electronic component distributors with millions of SKUs across active and passive components. Comparable product breadth, target customer (engineers and EMS buyers), and B2B catalog model, with significant reach into the Indian market.
Regional players
- Quartz Components: India-focused electronic component distributor supplying ICs, passives, and electromechanical components. Regional peer operating exclusively in India with a similar trader-wholesaler model and comparable customer segment.
- Sunrom Electronics: Mumbai-based electronic component and module supplier, geographically and operationally adjacent to Component Source. Sells ICs, microcontrollers, sensors, and development boards to a similar Indian B2B customer base.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
Component Source social profiles
Digital presenceComponent Source financial estimates
Financial estimateRevenue estimate
Valuation estimate
Component Source leadership team
Management profileNumber of profiles
Profiles2 records
Component Source funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Component Source M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Component Source
What does Component Source do?
Component Source is a trader, wholesaler, and distributor of electronic components including integrated circuits (ICs), microcontrollers, voltage regulators, DC-DC converters, memory ICs, sensors, transistors, MOSFETs, communication modules, and development boards sourced from major global semiconductor manufacturers. The company supplies these components per-piece at wholesale rates to electronics manufacturers, PCB assemblers, and product developers across India.
Is Component Source a public or private company?
Component Source is a private company. It is classified as family owned and is currently operating.
When was Component Source founded?
Component Source was founded in 2010. It employs 1 to 10 people.
Where is Component Source based?
Component Source is headquartered in Mumbai, India, in the Asia region.
How does Component Source make money?
One revenue line is on record: electronic Component Sales.
Who are Component Source's main competitors?
Broad incumbents on record are Arrow Electronics and Avnet. Robu.in is listed as an emerging player. Direct peers are Mouser Electronics, element14 (Farnell), Evelta Electronics, RS Components and Digi-Key Electronics. Regional players are Quartz Components and Sunrom Electronics.
Does Component Source have an API?
No public API is recorded for Component Source.
What industry is Component Source in?
Component Source's product category is Electronic Components Distribution. Its primary akta.pro industry code is CRACAKAA, Electronic Components (Resistors, Capacitors, Inductors) Retail, with a secondary code of CRACAKAF, PCB, Prototyping Boards & Etching Supplies Retail. Its NAICS code is 334419 and its SIC code is 3670.