Medical Supplies Company Investment Opportunity in Hyderabad, India

Listed company producing auto-retractable safety syringes, seeking funds to setup a local manufacturing unit.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
12:16 PM Pune
Listed By
Management Member
Status
Active
Overall Rating
Seeking Investment
USD 10 million for 25.0% stake (Native Currency: INR 700,000,000)
Reason: Procuring additional machinery for the Malaysian plant and setting up manufacturing unit in India.
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- This is a listed company established in 1991. The company was initially manufacturing safety gloves. It was acquired by us in 2016, to start a new product in the medical devices market.

- There are no sales post our acquisition since we discontinued the production of existing safety gloves to enter into innovative market of medical devices.

- Our new product is the auto-retractable safety syringe, which is patented by an Australian company. We have made an agreement to have 75% holding with this Australian firm.

- This product would help in avoiding needlestick injuries (NSI) and ensures operational safety. The pilot batch of these products are being tested by a few hospitals in UAE, Africa, Europe and India.

- Our pilot batch is produced by a contract manufacturer in Malaysia using manufacturing equipment provided by us. We are looking to acquire this manufacturing facility and upgrade the infrastructure.

- We are also looking to setup a global manufacturing unit in India for exporting the same to different countries. We have ascertained healthy demand for this device in Global healthcare space which emphasizes on operational safety.

Products & Services Overview

Retractable safety syringes.

User controlled Auto Retractable safety Syringe.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Advisor connected with this business
  • Earlier than 15 days
    Assistant Vice President, Mumbai, Financial Advisor connected with this business
  • Earlier than 15 days
    Founder & CEO, Chennai, Financial Advisor connected with this business
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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.
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