Newly Established Elevator Company Investment Opportunity in Chennai, India
Manufacturer of stair-lifts used by persons with restricted mobility seeking investment to start operations.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Elevator |
| Locations | Chennai |
| Local Time | 1:39 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
175 thousand
for
50.0%
stake
(Native Currency: INR 15,000,000)
Reason: Product design and development is complete and a good, working prototype is also ready.
Funds are r...
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Includes physical assets worth
USD
175 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Certificate of Incorporation
(71.0 KB)
E Memorandum of Association
(131.5 KB)
E Articles of Association
(100.3 KB)
Business PAN Card
(106.1 KB)
ROC-Verification.pdf
(65.5 KB)
Business Overview
- We are a Startup business located in Chennai.
- We already have a working prototype of our product that can go to the market in a couple of months.
- The proposal is for scaling up production and to establish a wide Selling network and channel partners.
- Vendors have already been identified.
- Sufficient space is available to commence production on a large-scale basis.
- We are looking at equity partners who can bring in INR 1.50 Crores for a 50% Equity stake in the business.
- promoter has 25+ years of experience in the same industry.
- Have acquired the registration documents.
- We already have a working prototype of our product that can go to the market in a couple of months.
- The proposal is for scaling up production and to establish a wide Selling network and channel partners.
- Vendors have already been identified.
- Sufficient space is available to commence production on a large-scale basis.
- We are looking at equity partners who can bring in INR 1.50 Crores for a 50% Equity stake in the business.
- promoter has 25+ years of experience in the same industry.
- Have acquired the registration documents.
Products & Services Overview
Chair-type stair-lifts and platform-type stair-lifts for wheelchair users. These are installed in residences, hospitals, clinics, diagnostic centres, hotels, and conference halls.
Assets Overview
- Extrusion tools, patterns, drawings, prototypes, test stations, spares and components.- Product manufacturing technical know-how is available.
- Vendor development is complete.
Facilities Overview
10,0000 square feet of leased premises have been identified and firmed up to start production. Rental will be INR 80,000- per month.
Capitalization Overview
- The business has so far been funded by the promoter.- The cost of design, development, tooling, building of prototypes, testing, etc. has been funded by the promoter.
- A total of INR 60 lakhs has already been spent by the promoter.
- The business is a very new startup and only has one owner.
Recent Activity
-
Earlier than 15 daysSenior Manager, Engineering - Elevator Manufacturer, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMD, Stair Elevator, Delhi, Corporate Investor / Buyer connected with the Business
Tags:
Newly Established Elevator Equipment Company Investment Opportunity in Chennai, India
·Newly Established Lift & Elevator Company Investment Opportunity in Chennai, India
·Newly Established Lift Equipment Company Investment Opportunity in Chennai, India
·Newly Established Elevator Equipment Company Investment Opportunity in Madras
·Newly Established Escalator Company Investment Opportunity in Chennai, India
·Newly Established Elevator Company Investment Opportunity in Chennai, India
·Newly Established Lift & Elevator Company Investment Opportunity in Madras
·Newly Established Lift Equipment Company Investment Opportunity in Madras
·Invest in Newly Established Elevator Equipment Company in Chennai, India
·Invest in Newly Established Lift & Elevator Company in Chennai, India
·Newly Established Escalator Company Investment Opportunity in Madras
·Invest in Newly Established Lift Equipment Company in Chennai, India
·Newly Established Elevator Company Investment Opportunity in Madras
·Newly Established Elevator Equipment Company Investment Opportunity
·Newly Established Lift & Elevator Company Investment Opportunity
·Invest in Newly Established Elevator Equipment Company in Madras
·Newly Established Lift Equipment Company Investment Opportunity
·Invest in Newly Established Escalator Company in Chennai, India
·Invest in Newly Established Elevator Company in Chennai, India
·Invest in Newly Established Lift & Elevator Company in Madras
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