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Medical Testing Equipment Business Investment Opportunity in Bhopal, India

Company with one of the largest manufacturing units of rapid diagnostic test kits seeks investment.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 83 thousand
Run Rate Sales USD 107 thousand
EBITDA Margin 40 %
Industries Birth Control Products + 1 more
Locations  Bhopal
Local Time 1:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 890 thousand for 50.0% stake (Native Currency: INR 80,000,000)
Reason: - One of the partners wants to quit as they are permanently moving to another city. - The valuation... View More
Includes physical assets worth USD 1.33 million
Interested to connect with advisors
Documents
Business Overview
- We manufacture rapid diagnostic test strips.
- Our products include rapid, Elissa, Biochemistry, and Haematology test kits.
- Also got a license for manufacturing VTM and RT-PCR Covid test kits.
- At present, have almost 150+ products with all licenses.
- Company is listed in India with its headquarter in Bhopal.
- Revenue has grown exponentially due to the current pandemic scenario.
- The products are in high demand amongst the state government in India (Rapid Malaria and Rapid Dengue test kits).
- Supply directly to healthcare giants like Apollo hospitals, Max hospitals, etc.
- Roots of the company come from a 30-year-old group that has been dealing in pharmaceutical formulation manufacturing.
- The company was established by the second generation, who have the background of healthcare by education and experience in legacy.
- Will be eligible for State Government tenders in a couple of months as the state government requires a minimum of 2 years of returns and sales.
Products & Services Overview
- We manufacture all the rapid diagnostic products which include (pregnancy tests, typhoid (lgG/IgM), leptospira antibody, dengue antibody, malaria antigen (PF/PV), malaria antigen (PF/PAN), dengue NS1 AG, syphilis, rapid Covid test kits, etc.
- Also manufacture Elisa and Biochemistry products, etc.
Assets Overview
Land of 50000 sq feet at Bagroda Industrial Area Bhopal.
- Fully equipped manufacturing unit and other infrastructure.
Facilities Overview
- The facility covers 20,000 square feet of area out of the total 50,000 square feet of land owned by the company.
- Out of 20,000 square feet, 12,000 square feet is used in manufacturing the current product line offered also for OEM/Joint Venture and 8,000 is for new business expansion.
- We also have a beautiful office area of approximately 3,000 square feet with 3 guest houses on the first floor.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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