Machine Tools Company Investment Opportunity in Vadodara, India

- We intend to start manufacturing precision tooling and industrial cutting equipment.
- The promoters together have nearly 60 years of experience in the industrial tooling space.
- We will be manufacturing several types of cutting tools, carbide drills, and diamond-tipped tools.
- Have already acquired a 10,000 sq. ft. industrial plot to set up the factory.
- At present, the plot is being leveled and we have secured the construction permit.
- We are in the the process of securing an industrial electrical power line and other utilities.
- Construction is expected to commence soon after and is estimated to be completed in 3 months.
- Production would start in 3 months after the construction is completed.
- We have also placed orders for around INR 1.5 cr. of manufacturing equipment for which we have paid an advance of 25%
- The total capacity of the plant is expected to be 4,000 units / month.
- The plant is situated in an industrial area populated by several auto ancillaries including Hero Motor Corp.
- These auto ancillaries are our primary target customer base.
- The estimated gross, EBITDA and net margins are 60%, 25%, and 16%
- The physical assets currently owned by the business is the land.