Bio Medical Devices Company for Sale in Chennai, India
Established biomedical device business with expert team and educational partnerships for sale.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 6.9 thousand |
| Run Rate Sales | USD 42 thousand |
| EBITDA Margin | 40 % |
| Industries | Bio Medical Devices |
| Locations | Chennai |
| Local Time | 10:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.73 million
(Native Currency: INR 150,000,000)
Reason: The director wants to relocate to Canada and is seeking to transfer investments there.
For a 10 to ...
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Includes physical assets worth
USD
460 thousand
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Business Overview
- Established player in the biomedical devices sector, operating from Chennai with a focus on servicing bio-medical equipment and consultancy services.
- Currently employs a dedicated team of 8 skilled professionals committed to excellence in service delivery.
- Recognized as one of the top 25 companies with innovative products by the Wadhwani Foundation CEO, highlighting its commitment to quality and innovation.
- Signed MOU with VIT University, Vellore, and IITM for internship training programs for students, fostering educational collaboration and real-world experience.
- Successfully served over 550 hospitals, showcasing a strong market presence and customer trust.
- Maintains strategic partnerships with Original Equipment Manufacturers (OEMs) to ensure seamless device procurement.
- The promoter brings 33 years of industry experience, having held key positions in leading hospitals and multinational corporations, enhancing business credibility.
- Registered with the Ministry of Corporate Affairs (MCA), ensuring compliance with legal frameworks within the industry.
- Currently employs a dedicated team of 8 skilled professionals committed to excellence in service delivery.
- Recognized as one of the top 25 companies with innovative products by the Wadhwani Foundation CEO, highlighting its commitment to quality and innovation.
- Signed MOU with VIT University, Vellore, and IITM for internship training programs for students, fostering educational collaboration and real-world experience.
- Successfully served over 550 hospitals, showcasing a strong market presence and customer trust.
- Maintains strategic partnerships with Original Equipment Manufacturers (OEMs) to ensure seamless device procurement.
- The promoter brings 33 years of industry experience, having held key positions in leading hospitals and multinational corporations, enhancing business credibility.
- Registered with the Ministry of Corporate Affairs (MCA), ensuring compliance with legal frameworks within the industry.
Products & Services Overview
The business's top-selling services:- Servicing bio-medical equipment, spares sourcing, and consultancy on new equipment purchases.
We also provide training for biomedical engineers in colleges and universities and also give guest lectures and also provide Faculty Development Programmes (FPA).
Assets Overview
Tangible assets:- Computers worth INR 3 crore.
- Hardware tools and equipment worth INR 1 crore.
Intangible assets:
- Bio-medical software valued at INR 2 crore.
Facilities Overview
Operates from a 3,000 sf ft shared premises at a prominent IIT and does not pay any rent.Equipped with electronics service lab and biotech lab facilities.
Capitalization Overview
Funded by STPI, Vijayawada, GOI and self-funded.The business has 4 shareholders and the promoter holds 78% equity in the company.
Recent Activity
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Earlier than 15 daysDirector, Pharmaceuticals/ IT, Dubai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Biotechnology, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, Hospital, Chennai, Corporate Investor / Buyer connected with the Business
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