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Battery and UPS Manufacturing Company Seeking Loan in Sonipat, India

Leading manufacturer providing innovative and customized Lithium-Ion Battery for 45+ clients seeks a business loan.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Public Limited Company
Reported Sales USD 4 million
Run Rate Sales USD 2.7 million
EBITDA Margin 10 %
Industries Battery and UPS Manufacturing
Locations  Sonipat
Local Time 11:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.13 million for 10.0% annual interest, 5 years (Native Currency: INR 100,000,000)
Reason: Want to set up an additional production plant and expand our clientele to other industry segments.
Collateral Available: USD 0
Includes physical assets worth USD 1.13 million
Interested to connect with advisors
Documents
Business Overview
- Lithium ion battery manufacturing company with raw materials being imported from China.
- Have a total production capacity of 100MW per day and we currently utilize 60% of our capacity.
- Have BIS Certification for our plant.
- 45 clients all over India for energy storage and mobility batteries and majority of our sales are from solar storage batteries and EV batteries.
- Our sales have declined but we have orders in hand and sales are expected to recover in 3 months.
- Promotor has over 12 years of industry experience.
- We have received many awards for industry (India Top 10)
Products & Services Overview
Lithium ion batteries for:
1. Medical Instruments.
2. Solar storage. Low (12v, 48v) High Voltage 240v/384v/768v/851V.
3. 2 wheeler batteries. 2Kw.
4. 3 wheeler batteries. 5.1kw/16KW.
5.60-ton E-truck batteries 129/258 Kw.
Assets Overview
Li-ion battery cells (inventory and raw material), and laser welding machinery.
Facilities Overview
Have a 40,000 square feet shop floor on lease for a monthly rent of INR 2.7 lakh. The facility is in the southeast part.
Capitalization Overview
INR 5 crore loan from an NBFC and INR 2 crore loan from ICICI bank.
Business has two directors with 51:49 percentage shareholding.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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