Industrial Electrical Switchgear Business for Sale in Howrah, India
Acquire a well-established HV-LV switchgear manufacturing business supplying to DISCOMs and EPC companies.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.27 million |
| Run Rate Sales | USD 1.66 million |
| EBITDA Margin | 15 % |
| Industries | Industrial Electrical Switchgear |
| Locations | Howrah |
| Local Time | 6:24 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
1.15 million
(Native Currency: INR 100,000,000)
Reason: We are selling the business due to lack of funding.
We are also open to an investment of INR 5 cror...
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Includes physical assets worth
USD
690 thousand
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Documents
Company Profile
(3.0 MB)
Factory Entrance
(68.8 KB)
Factory Shed
(50.9 KB)
MSME Certificate
(243.5 KB)
Business Overview
- Located in the industrial hub of Howrah, our business specializes in the manufacturing of premium-quality High Voltage (HV) and Low Voltage (LV) electrical switchgear.
- With a dedicated workforce of 30 skilled employees, we produce switchgears like AB switches, HG fuses, isolators, and DD-DO fuses, catering to voltages ranging between 11kV and 36kV.
- Our client base spans 10-20 distinguished entities, including prominent electrical distribution companies (DISCOMs) and EPC firms, solidifying our presence in the sector through both tenders and direct orders.
- Our strategic positioning as registered vendors with numerous reputable companies and electricity boards demonstrates our commitment to reliability and robust partnerships within the electrical switchgear industry.
- We operate with production-based payment terms extending from 30 to 60 days, ensuring a smooth cash flow cycle, while maintaining a swift production conversion period of approximately 30 days.
- Our products are known for their precision and durability, testament to the rigorous testing and adherence to quality standards, highly sought after in the electrical infrastructure domain.
- The company ensures compliance with industry standards, having secured type test certifications from reputable institutions like CPRI and NSIC, enhancing our credibility and quality assurance.
- With a dedicated workforce of 30 skilled employees, we produce switchgears like AB switches, HG fuses, isolators, and DD-DO fuses, catering to voltages ranging between 11kV and 36kV.
- Our client base spans 10-20 distinguished entities, including prominent electrical distribution companies (DISCOMs) and EPC firms, solidifying our presence in the sector through both tenders and direct orders.
- Our strategic positioning as registered vendors with numerous reputable companies and electricity boards demonstrates our commitment to reliability and robust partnerships within the electrical switchgear industry.
- We operate with production-based payment terms extending from 30 to 60 days, ensuring a smooth cash flow cycle, while maintaining a swift production conversion period of approximately 30 days.
- Our products are known for their precision and durability, testament to the rigorous testing and adherence to quality standards, highly sought after in the electrical infrastructure domain.
- The company ensures compliance with industry standards, having secured type test certifications from reputable institutions like CPRI and NSIC, enhancing our credibility and quality assurance.
Products & Services Overview
Our best-selling products include switchgear, such as AB switch, HG fuse, isolators, and DD-DO fuse, with voltage ranges from 11kV to 36kV.We supply these products to various electrical DISCOMs and EPC companies, either through tenders or direct orders.
Assets Overview
Tangible assets:- Land worth INR 3.5 crore.
- Building and infrastructure - INR 50 lakh.
- Machinery - INR 2 crore.
Facilities Overview
The business operates from an owned facility, featuring a well-equipped and well-maintained manufacturing unit spread across 20,000 sq. ft. of land. The facility includes a factory shed covering 17,000 sq. ft. , an office space of 2,000 sq. ft. housed in a G+2 building, and a dedicated, fully equipped testing laboratory. Additionally, there is 1,000 sq. ft. of open area to facilitate the smooth movement of vehicles for various business operations.
Capitalization Overview
The business is currently bootstrapped, with funding sourced from friends and family, a cash credit (CC) loan from the bank, and other small borrowings.The total outstanding debt stands at INR 4 crore, which will be fully cleared after the sale of the business.
The business currently operates as a sole proprietorship.
Recent Activity
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Earlier than 15 daysCEO, Engineering & Electrical Manufacturing, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Pune, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Diversified Group, Kolkata, Individual Investor / Buyer connected with the Business
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