6.6 / 10
 Greater Noida

Company is into lighting industry selling products under own brand name OFREM across 7 sates.

Key Business Facts
Yearly Sales USD 500 thousand
EBIDTA Margin 10 %
Industries Lighting Fixtures
Locations  Greater Noida
Business Overview
- 2016 established company into lighting industry. We are into LED lighting with have a complete product portfolio in our Basket.
- We get the products manufactured from 3rd parties and sell it under our brand name.
- We have 6 suppliers who supply us the products.
- Our market comprises of both B2B & B2C segment. We have 16 distributors across different states of India and 40 dealers who are selling our products.
- Although we started our business in December 2016, company was fully functional only from July 2017. So the turnover mentioned here is from July 2017 to March 2018.
Products & Services Overview
Residential Lighting, Area lighting, Outdoor Lighting, Commercial Lighting.
Partial Stake Sale
USD 240 thousand for 40.0% stake (Native Currency: INR 20,000,000)
Reason: Investment is required for business expansion with capital to be invested in stock, Market debt, Bra... View More
Interested to connect with advisors
In talks with 2 Investors
Contact Business