Need help?

Industrial Electrical Switchgear Company Investment Opportunity in Sriperumbudur, India

Invest in an electrical switchgear manufacturer and exporter, with strong potential for post-COVID recovery.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1 - 2 million
Run Rate Sales USD 210 thousand
EBITDA Margin Nil
Industries Industrial Electrical Switchgear
Locations  Sriperumbudur
Local Time 5:18 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.7 million for 50.0% stake (Native Currency: INR 145,000,000)
Reason: We seek this investment to rebuild the company after COVID-related challenges and business losses. ... View More
Includes physical assets worth USD 3.3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- The company is a leading manufacturer and exporter of electrical switchgear, focusing on LV Distribution Boards and high-voltage panels catering to power distribution systems in the Middle Eastern market.
- Located in Sriperumbudur, the business leverages a strategically advantageous position for export-driven revenue, with 70% of its products reaching Middle Eastern countries.
- The company manufactures specialized drive panels for esteemed OEM clients, including Danfoss, Grundfos, and Fuji, establishing its niche in high-quality custom solutions.
- Even during COVID-19, the company supported its workers, leading to a shortage of funds, as a consequence in the last six months, sales have declined due to a lack of working capital, despite having orders in the pipeline.
- Pre-pandemic, the company achieved an impressive annual turnover of INR 25 crore, indicating strong market presence and operational capability in the industrial switchgear industry.
- With over 40 years of industry experience, the promoters bring extensive knowledge and expertise, contributing to the company's robust reputation in the industrial electrical switchgear sector.
- The facility is ISO 9000, 14000, and 18000 certified, ensuring adherence to international quality, environmental, and occupational health and safety standards.
Products & Services Overview
The business's top-selling products include LV Distribution Boards (DBs), 11kV, and 33kV panels used in power distribution systems.
These products serve various electrical contractors and end-users in Middle Eastern countries. Additionally, the company manufactures drive panels for OEMs like Danfoss, Grundfos, and Fuji.
Assets Overview
Tangible assets: Land - INR 3.3 crore, building INR 18.75 crore, plant and machinery INR 4.25 crore, and inventory INR 2.5 crore.
Intangible asset: type test certifications, design capabilities and our established presence.
These intangible assets are worth INR 4.5 crore.
Facilities Overview
The company operates from a 75,000 sq. ft. , 5-storey RCC building. It houses a sheet metal manufacturing facility equipped with CNC turret punch presses, NC bending machines, robotic welding systems, an automatic conveyorized powder coating plant, a CNC in-situ gasketing machine, and a complete test facility with instruments capable of testing systems up to 33kV.
Capitalization Overview
The company is funded by promoters' capital and bank working capital. There are four major shareholders: the promoter holds 70% of the shares, while the remaining 30% is split between two NRIs and a Saudi national.
Recent Activity
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
6 Investors already contacted this Business. 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.
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