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Battery and UPS Manufacturing Company Seeking Loan in Chennai, India

Leading Lithium Battery pack Manufacturer in Chennai.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 20 - 30 %
Industries Battery and UPS Manufacturing + 1 more
Locations  Chennai
Local Time 5:12 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 15.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: Business development and expansion. We have set up a good client base and require funds in investin... View More
Collateral Available: USD 120 thousand
Includes physical assets worth USD 240 thousand
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Business Overview

The company was established in the year 2021, is a Lithium Battery pack manufacturer company that is specialized in the manufacturing, supply and export of lithium-ion battery packs, lithium Ferro phosphate battery packs for solar, ESS, E-mobility, Industrial Automation and Robotics, electronics and medical devices.

We have a very good client base in south India, We are in deals with leading OEMs to supply battery packs for the coming years. The projected annual turnover of the company for the next financial year would be over 10 Crores which is projected to grow at 25 per cent every year with the need for lithium battery packs to increase exponentially.

Products & Services Overview

We manufacture lithium-based battery packs for a variety of applications. Our products include.

1. Lithium battery packs for EV-2 wheeler segments,

2. Lithium battery packs for e-rickshaws (3-wheeler segments)

3. UPS (Lithium battery + Inverter) for domestic purposes - home needs.

4. UPS (Lithium battery + Inverter) for commercial purposes - LIFT, Bank ATMs.

5. Power backup for small shops and street vendors.

6. Battery packs for solar street lights.

We use A+ grade lithium cells from the leading cell manufacturers across the globe wherein the cell chemistry is based on the application. We adhere to the AIS-156 standards and follow all the protocols to ensure the safety and quality of battery packs.

Assets Overview

Factory set up - 10,000 Sq Ft. on rented land.

Machines: Semi-automatic assembly unit.

Raw Materials: Lithium Cells.

Licence to operate.

Facilities Overview

We have a semi-automatic battery pack assembling unit with the latest machinery and technology as per industrial standards with a production capability of 50 KW per day. The factory is set up on the outskirts of Chennai. The factory area is 10,000 sq ft with a manufacturing unit of around 5,000 sq ft.

Capitalization Overview

The business was started with our own funds, the company has two directors with an equal shareholding structure. The company is debt-free, whereas owners have taken personal loans from friends and family.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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