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Elevator Company Equity Stake For Sale in Pune, India

Pune-based materials handling equipment manufacturer with 40+ years experience, strong industrial clientele, and growth-focused operations.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.38 million
Run Rate Sales USD 1.38 million
EBITDA Margin Nil
Industries Construction Machinery + 1 more
Locations  Pune
Local Time 10:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 265 thousand for 40.0% stake (Native Currency: INR 25,000,000)
Reason: We will utilize the investment funds to expand sales channels and strengthen order fulfillment. Howe... View More
Includes physical assets worth USD 210 thousand
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Business Overview
- Located in Pune, the company has over 40 years of experience in the manufacture of materials handling equipment, specializing in forklifts.
- The business boasts a diverse range of in-house manufactured equipment, demonstrating its capability in providing tailored solutions for materials handling.
- With a maximum production capacity of INR 30-35 crores per year, the company is currently operating at a revenue of INR 13 crores annually.
- The company serves over 500 direct industrial clients across India, establishing itself as a reliable supplier in the materials handling sector.
- Currently, it holds INR 2 crores worth of orders, emphasizing its ongoing commitment to fulfilling specific customer demands through order-based delivery.
- The company is compliant with multiple regulatory standards, including MCA registration, factory licenses, pollution control, and ISO certifications, ensuring high-quality production processes. The business was incorporated as a private limited entity approximately 30 years ago.
- Following a breakeven year due to operational burns, the company is projecting significant growth, aiming for an annual turnover of INR 18 crores next year, with an anticipated EBITDA of 10-12%.
- The business is registered with the MCA in Khed, while its operations are based in Chakan, Pune.
Products & Services Overview
- Materials handling equipment, offering standard and customized, order-based solutions for industrial operations.
- Used by large clients across sectors including automobile, tyre, engineering, pharmaceuticals, defense, dockyards, railways, FMCG, and consumer durables for efficient movement of raw materials and finished goods within factories and warehouses.
- Key customers include leading organizations such as Tata, Bajaj, Skoda, Volkswagen (automobiles), JK Tyres, Apollo, MRF, CEAT (tyres), Serum, Piramal Life Sciences and Sun Pharma (pharmaceuticals), Whirlpool, LG, Daikin (consumer durables), Cummins and Perkins (genset), Siemens and Kirloskar Brothers (engineering)
Assets Overview
Physical assets include the plant setup, production machinery and inventory.
Facilities Overview
Operating from a leased 20,000 sq ft facility in MIDC, Pune, equipped with design and manufacturing facilities at a monthly rent of ₹2.8 lakh.
Capitalization Overview
There are 2 directors in the business.
Having outstanding loans from banks and financial institutions.
Recent Activity
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1 Investor contacted this Business this week. 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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