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Electrical Vehicles Business Investment Opportunity in Noida, India

3W electric manufacturer with an annual production capacity of 12,000+ units seeks financial investment.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.8 million
Run Rate Sales USD 5 million
EBITDA Margin 0 - 10 %
Industries Electrical Vehicles
Locations  Noida
Local Time 4:27 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 1.2 million for 5.0% stake (Native Currency: INR 100,000,000)
Reason: Funds are required to venture into the high-speed electric vehicles industry. The valuation is based... View More
Includes physical assets worth USD 2.4 million
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Business Overview

- Manufacturer of electric 3W such as e-rickshaws, e- loaders, and other customized products.

- The products are sold under our own brand name and they are approved by ICAT (International Center of Automotive Technology)

- We have about 65+ dealers across 10 states currently.

- Our annual manufacturing capacity is 12,000-15,000 units.

- We are selling approx 250-300 vehicles monthly and wish to sell at least 650-700 vehicles monthly in the next 6 months.

- Founder is 31 years old and has a double masters in marketing and international business (Melbourne).

- Looking to enter high-speed electric 3W and replace all CNG, petrol, and diesel commercial vehicles.

- Business has experienced a high growth rate due to product development, market growth, increase in demand, and more focus on sales.

- We have sold more than 5,000 electric 3W across India in the last 5 years.

Products & Services Overview

- E rickshaws.

- Electric loaders.

- E- Garbage cart for govt. bodies such as MCD.

- E- food carts for micro food entrepreneurs.

Assets Overview

Physical assets include land and building with the company with an area of 50,000 sq ft.

Facilities Overview

Head office and assembling and partial fabrication Unit located in Noida with an area of 50,000 sq ft (self-owned).

We also have a tie-up with an OEM fabrication partner with a facility of 85,000 sq ft (not owned). We work with them on a contractual basis.

Capitalization Overview

It's a bootstrapped business with no loans or debts on us. And it is fully owned by 1 individual as of now.

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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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