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Electrical Vehicles Company for Sale in Mumbai, India

Full sale opportunity for ARAI-certified EV charging components manufacturer serving OEMs with decade-long expertise.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 166 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 7 %
Industries Electrical Vehicles
Locations  Mumbai
Local Time 11:42 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 267 thousand (Native Currency: INR 25,000,000)
Reason: The proposed sale is driven by a strategic realignment of the promoter's business focus. The promote... View More
Includes physical assets worth USD 36 thousand
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Business Overview
- Core Business: Design, development, and manufacturing of EV charging components, including EV sockets, charging cables, plug connectors, and EV chargers.
- Clients & Market Reach: Serves a growing base of EV manufacturers, EVSE companies, automobile dealers, automotive R&D firms, and EV infrastructure providers across India.
- Revenue Model: B2B-focused revenue through manufacturing and supply of EV components, customized solutions for OEMs and infrastructure projects, and long-term supply partnerships, and an active client base of 300+.
- Promoter Experience: Bringing over a decade of experience in technology-driven manufacturing, engineering solutions, and industrial operations.
- Business Relationships: Strong associations with EV manufacturers, charging infrastructure developers, system integrators, and automotive ecosystem partners, enabling end-to-end EV charging solutions.
- Quality & Compliance: Emphasis on quality, safety, regulatory compliance, and reliability. Products are ARAI certified.
- Innovation & Vision: Focused on future-proof, cost-effective EV solutions, continuous product development, and knowledge-driven innovation for the automotive industry.
- Production capacity & utilization: As the company has in-house manufacturing, the production capacity is 100 EV chargers per day, with a current utilization rate of approximately 25%.
- Awards & Recognition: Promoter group has received multiple industry recognitions and business excellence awards, reflecting credibility, leadership, and consistent performance.
Products & Services Overview
Top-selling products:
The business’s top-selling products include EV charging cables, EV sockets, EV plug connectors, and EV chargers.

Customer segments:
These products are primarily used by electric vehicle manufacturers, EVSE (Electric Vehicle Supply Equipment) companies, automobile dealers, automotive R&D organizations, and EV infrastructure providers.

Use cases:
Customers use these products to design, manufacture, and deploy reliable and future-ready EV charging solutions for vehicles and charging stations. Charging cables and connectors serve as critical components in EV charging systems, ensuring safe, efficient, and compliant power transfer. EV chargers and related components are deployed across residential, commercial, and public charging infrastructure.
Assets Overview
Tangible assets:
- Manufacturing and assembly equipment for EV charging components.
- Testing and quality assurance tools and instruments.
- Plant machinery, tools, and fixtures.
- Office infrastructure: Furniture, workstations, IT hardware, networking equipment.
- Inventory of raw materials, work-in-progress, and finished goods (as on transaction date)
- Utilities and facility fittings at the Pawane MIDC leased premises.

Intangible assets:
- Brand name and goodwill.
- Registered Trademark of Brand.
- Incorporation Certificate.
- Product designs, engineering drawings, and technical documentation.
- Proprietary know-how, manufacturing processes, and quality standards.
- Customer database and active client relationships.
Supplier and vendor relationships.
- Business licenses, registrations, and statutory approvals.
- Ongoing business arrangements (where transferable)
- Trained workforce in knowledge and operational expertise.
Facilities Overview
The business operates from a leased facility at Pawane MIDC, Navi Mumbai, with a monthly rent of INR 35,000. The facility offers a functionally built-up area suitable for manufacturing, assembly, testing, and office operations, with convenient access to key industrial and logistics hubs.
Capitalization Overview
Funding structure:
The business is entirely promoter-funded. It is funded through promoter capital and internal accruals, reflecting a strong and conservative financial position.

Debt / Loans:
There are no outstanding loans or debts with banks or financial institutions.

Shareholding / Ownership:
The company is privately held with two shareholders. One shareholder holds 75% ownership, and the other holds 25% ownership.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
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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