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Electrical Equipment Business Seeking Loan in Rangpur, Bangladesh

Bangladesh-based electrical and renewable energy manufacturer supplying distributors and executing solar projects across multiple districts.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales USD 81 thousand
Run Rate Sales USD 98 thousand
EBITDA Margin 7 %
Industries Renewable Energy Services + 1 more
Locations  Rangpur
Local Time 1:12 PM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 163 thousand for 15.0% annual interest, 10 years (Native Currency: BDT 20,000,000)
Reason: The business is seeking a loan to support expansion across its two divisions, increase production ca... View More
Collateral Available: USD 0
Includes physical assets worth USD 570 thousand
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Business Name
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Business Overview
- Sparky Electric Industries is a regional manufacturer, distributor, and installer operating in the electrical accessories and renewable energy sectors in Bangladesh.
- The business manufactures and distributes electrical products including rechargeable LED lights, LED bulbs, switches, 2-pin plugs, circuit breakers, and wiring components.
- The business also provides renewable energy solutions, including solar street lights, solar panels, inverter setups, rooftop solar systems, and net-metering installations.
- The company operates a 15,000+ sq. ft. production facility in Radhakrishnapur, Hazirhat, Rangpur District, with a monthly production capacity of approximately BDT 1–1.5 crore.
- Products are supplied through distributors, wholesalers, and retailers, with approximately 30 distributors currently serving the business.
- The business has an operational footprint across 26 districts in northern Bangladesh and is expanding its renewable energy activities across the country.
- The company has completed more than 25 renewable energy projects in Bangladesh, including rooftop, net-metering, micro-grid, and off-grid solar installations.
- Notable projects include a 72 kW rooftop solar installation for Jahurul Haque Dulal Cold Storage and 12 kW systems for Graphics IT and Rank Egg IT.
- The business also serves institutional and community projects, including solar installations for UCEP Bangladesh and Taqua Mosque & Hafizia Madrasha.
- Revenue is generated through direct manufacturing and wholesale sales, project-based EPC services, and after-sales technical support, maintenance, and inverter monitoring.
- The company is registered with the Sustainable and Renewable Energy Development Authority (SREDA) as a non-government stakeholder and is recognized as a solar company and local assembler of renewable appliances.
- The team size supports both manufacturing operations and renewable energy project execution, including production, installation, technical, sales, and after-sales activities.
Products & Services Overview
Rechargeable LED lights, LED bulbs, electrical accessories, and renewable energy solutions, supplied to distributors, wholesalers, retailers, institutional clients, industrial customers, commercial businesses, and private customers.
Assets Overview
Tangible assets: Land, building, inventory, and raw materials.

Intangible assets: Trade licence.
Facilities Overview
The business operates from a company-owned factory.
Capitalization Overview
The business is solely owned and fully funded by the owner, with no outstanding loans or liabilities.
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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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