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Newly Established Automobile Wholesale Company Equity Stake For Sale in Ujjain, India

Electric rickshaws supply business in Ujjain serving retailers and distributors, seeking investment for expansion.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 167 thousand
EBITDA Margin 0 - 10 %
Industries Automobile Wholesale + 1 more
Locations  Ujjain
Local Time 2:01 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 333 thousand for 30.0% stake (Native Currency: INR 30,000,000)
Reason: Seeking investment to expand inventory and eventually launch in-house production. The valuation ref... View More
Includes physical assets worth USD 12.2 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Located in Ujjain, the business commenced operations 8-9 months ago focusing on electric rickshaw procurement and supply.
- Specializes in B2B sales by supplying electric rickshaws to retailers and distributors in key locations including Indore and Ujjain.
- Since its inception, the business has successfully served over 100 clients, reflecting a strong demand in the growing market for electric vehicles.
- The company processes an average of 15+ orders per month, showcasing steady growth in its order volume.
- Electric rickshaws are sourced from Indian manufacturers, ensuring the use of local products and supporting the domestic economy.
- Plans for future expansion include expanding operations across India and initiating own production line to manufacture electric rickshaws.
- The business generates revenue through wholesale transactions, providing a promising investment opportunity in the rapidly evolving electric vehicle industry.
- Business has MCA registration.
Products & Services Overview
The business supplies 3-wheeler electric rickshaws to retailers and distributors in Indore and Ujjain.
Assets Overview
Physical assets include office equipment and inventory.
Facilities Overview
Operating from a rented facility in Vardhman Nagar, Ujjain. Rent is INR 26k/month.
Capitalization Overview
Self-funded.
No loans or external funding raised.
There are 2 directors in the 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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