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Electrical Vehicles Company Equity Stake For Sale in Chittoor, India

High-growth commercial electric vehicle O&M company serving Tier-2 and Tier-3 markets with in-house battery manufacturing.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 1.9 million
Run Rate Sales USD 2 million
EBITDA Margin 10 - 20 %
Industries Electrical Vehicles
Locations  Chittoor
Local Time 9:02 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 1.05 million for 10.0% stake (Native Currency: INR 100,000,000)
Reason: Seeking funds to scale operations and capture an untapped market. The business valuation is based on... View More
Includes physical assets worth USD 490 thousand
Interested to connect with advisors
Documents
Teaser
Business Overview
- Commercial electric vehicle operations and manufacturing company focused on Tier-2 and Tier-3 markets.
- Product portfolio includes heavy duty commercial EVs, light duty commercial EVs, quick commercial models, and performance electric bikes.
- Sold over 2,500 units across 7 states, generating approximately INR 19.2 crore in revenue.
- Established dealer network of 61 dealers supporting sales and distribution.
- Expanding EBITDA margins supported by improving operational efficiencies and scale.
- Operates with 39% localization and in-house battery manufacturing capability, enhancing cost control and supply chain reliability.
- Filed 7 patents, strengthening technological differentiation and product defensibility.
- Low warranty claim rates, reflecting product reliability and quality control.
- Scalable COCO (Company-Owned, Company-Operated) model enabling structured expansion.
- Led by experienced promoters with strong background in EV and manufacturing sectors and proven execution capability.
- Holds a valid GST registration and Certificate of Incorporation.
Products & Services Overview
- Heavy duty commercial electric vehicles.
- Light duty commercial electric vehicles.
- Quick commercial EV models for short-distance logistics.
- Performance electric bikes.
- EV operations and maintenance services.
Assets Overview
The tangible assets owned by the business include:
- Plant & machinery worth INR 1.1 crores.
- Land and factory set up worth approximately INR 3.53 crores.
Facilities Overview
The business operates from a self owned facility in Chittoor, AP.
Capitalization Overview
The business is owned by 3 partners.
There are no loans/debts in the business.
Recent Activity
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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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