Industrial Automation Company Investment Opportunity in Coimbatore, India

Startup offering Industrial automation services seeking capital to launch operations.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Industrial Automation
Locations  Coimbatore
Local Time 7:28 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 1.3 million for 30.0% stake (Native Currency: INR 100,000,000)
Reason: The funds will be used as working capital and to meet operational expenses for future projects. Also... View More
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Startup offering industrial automation services such as retrofitting the existing machinery & designing new special purpose machines to implement turnkey automation solutions is seeking capital to launch operations.

- Also intend to offer relocating services for existing production plants.

- We have an in-house engineering team and have identified vendors in Coimbatore for fabrication.

- The fabricated products will be assembled in-house and our team will install the machinery at the client's location.

- Currently in the final stage of negotiations with the state Government of Tamil Nadu for an INR 1.25 crore project.

- The expected gross profit margin for the project is 20-30%.

- Founder has work experience of over 25 years and has successfully completed 300+ turnkey industrial automation projects in the UAE. He is specialised in motor technology and pneumatic systems.

Products & Services Overview

- Engineering and implementation of turnkey automation projects.

- Retrofitting of existing machinery.

- Fabrication of special purpose machines.

- Automation and shifting of production plants.

Facilities Overview

Rented facility of 6,000 sq. ft. for assembly operation located in Coimbatore.

Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more