Electrical Vehicles Business Investment Opportunity in Visakhapatnam, India
Visakhapatnam based electric vehicle manufacturing with customised range and fireproof batteries seeking partnership.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 1.2 crore |
| Run Rate Sales | INR 1.8 crore |
| EBITDA Margin | 15 % |
| Industries | Electrical Vehicles |
| Locations | Visakhapatnam |
| Local Time | 3:33 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
INR
25 lakh
for
10.0%
stake
(Native Currency: INR 2,500,000)
Reason: The owner is seeking a strategic investor to facilitate business growth and enhance scalability. Add...
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Includes physical assets worth
INR
70 lakh
Interested to connect with advisors
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Business Name
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User Verification
Business Overview
- Our unique selling proposition (USP) is the provision of a customized range for any brand of electric vehicles, along with the conversion of existing vehicles into electric or hybrid models.
- We are manufacturers of electric cycles and automobiles.
- We have a diverse portfolio of 20 models available.
- Our products are suitable for both commercial and personal use.
- - We operate on an orderly basis, and on average, we sell 500 units monthly.
- We have an OEM partnership for battery supply.
- Our services include maintenance and the provision of spare parts for any brand of electric vehicles.
- We are compliant with GST regulations.
- We are manufacturers of electric cycles and automobiles.
- We have a diverse portfolio of 20 models available.
- Our products are suitable for both commercial and personal use.
- - We operate on an orderly basis, and on average, we sell 500 units monthly.
- We have an OEM partnership for battery supply.
- Our services include maintenance and the provision of spare parts for any brand of electric vehicles.
- We are compliant with GST regulations.
Products & Services Overview
Our top-selling products include electric scooters, fireproof lithium batteries, and chargers. Additionally, we offer services such as vehicle repair and maintenance, as well as the conversion of petrol/diesel vehicles to electric. These offerings reflect our commitment to quality and sustainable transportation solutions.
Assets Overview
Physical assets owned by the business include:- Land and factory spanning 2,000 square feet, valued at INR 35 lakhs.
- Inventory of vehicles valued at INR 35 lakhs.
Facilities Overview
The business operates its manufacturing from a self-owned factory in Visakhapatnam. Additionally, it has established tie-ups with seven branded showrooms locally to facilitate the sale of its models.
Capitalization Overview
The business is owned by a single owner.There is an INR 20 lakh overdraft which is being utilised.
Recent Activity
-
Earlier than 15 daysManager, Finance, Mahbubnagar, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysRM- SME, SBI (State Bank of India), Visakhapatnam, Bank connected with the Business
-
Earlier than 15 daysPartner, Industrial Machinery, New Delhi, Individual Investor / Buyer connected with the Business
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