Business Overview
- Manufacturing company providing soft plastic insulators.
- Have served 3,000+ clients since inception and have 600+ regular clients currently.
- Have a manufacturing capacity of 20-22 tonnes per month.
- Leading supplier of soft plastic insulation for automobile companies like Motherson, Minda, Yazaki, and Denso.
- Raw material is supplied by 8 suppliers.
- The promoter has 8+ years of experience in the industry.
- The business has been operating at loss due to a steep increase in prices of raw materials and the ongoing pandemic but we are on the way to profitability again and expect to generate higher revenue.
Products & Services Overview
We manufacture all types of battery covers, connector covers, ring terminal caps, coupler covers, protection caps, sleeves, and wiring harness insulation at endpoints.
Assets Overview
32 machines and equipment for dip moulding, office furniture, computers, vehicles for business operation, and inventory.
Partial Stake Sale
USD
670 thousand
for
15.0%
stake
(Native Currency: INR 60,000,000)
Reason:
To upgrade plant and machinery, and expand in the overseas automobile market. The valuation is based...
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Includes physical assets worth
USD
680 thousand
Interested to connect with advisors
In talks with 3 Investors