Drones Company Investment Opportunity in Ahmedabad, India
Drone manufacturing company HQ in Ahmedabad seeks investment.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 700 thousand |
| Run Rate Sales | USD 700 thousand |
| EBITDA Margin | 35 % |
| Industries | Drones |
| Locations | Ahmedabad |
| Local Time | 4:46 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
960 thousand
for
12.0%
stake
(Native Currency: INR 82,000,000)
Reason: - Need funds for growth and expansion.
- We are advisors representing our clients on the platform a...
View More
Includes physical assets worth
USD
117 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Avg. 200% growth year on year for the past 5 years (since the inception of drone business)
- Last year we closed at 3.1 cr (excluding gst)
- Current year, we have already crossed last year turnover > 3 cr invoices.
- Total order book so far > 6 CR.
- we have developed 5 drone, 1 usv boat.
- our first drone has completed 2 stage audit process for DGCA approval and 1 more in queue.
- currently have 60+ total strength.
- Started office in pune this FY.
- In ahmedabad, moved drone manufacturing and other office to GIDC (industrial area) for mass production 12,000 sq feet place.
- in this round we will raise 2 CR at 60 cr valuation pre money.
- The business is duly complaint with all necessary regulatory and licenses.
- Last year we closed at 3.1 cr (excluding gst)
- Current year, we have already crossed last year turnover > 3 cr invoices.
- Total order book so far > 6 CR.
- we have developed 5 drone, 1 usv boat.
- our first drone has completed 2 stage audit process for DGCA approval and 1 more in queue.
- currently have 60+ total strength.
- Started office in pune this FY.
- In ahmedabad, moved drone manufacturing and other office to GIDC (industrial area) for mass production 12,000 sq feet place.
- in this round we will raise 2 CR at 60 cr valuation pre money.
- The business is duly complaint with all necessary regulatory and licenses.
Products & Services Overview
The company is involved in drone manufacturing.- Drone as a service, drone GIS software for drone data analysis and visualization.
Assets Overview
Tangible - 4 drones, 1 boat and office furniture.Intangible - 1 GIS platform.
Facilities Overview
We have a head office in Ahmedabad, but the maximum staff work from Pune.
Capitalization Overview
We don't have any external loans. Only the founder's equity money is standing as a loan. Founders have 88% holding (with 4% in ESOP) rest is with 1st round angle investor.
Recent Activity
-
2 weeks, 1 day agoWound Sales Consultant, Medical Equipment Manufacturer, Clearwater, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Engineering Solutions, Faridabad, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors contacted this Business this month.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 121,000+ other businesses of all sizes.
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.
You might also be interested in these businesses