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Newly Established Industrial Electrical Switchgear Company for Sale in Vasai, India

For sale: Manufacturer of electrical accessories like switches, sockets, and plates in Vasai, Maharashtra.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 500 thousand
Run Rate Sales USD 530 thousand
EBITDA Margin 18 %
Industries Industrial Electrical Switchgear
Locations  Vasai
Local Time 3:45 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 560 thousand (Native Currency: INR 50,000,000)
Reason: Working capital crunch leading to inability to fulfil orders, hence seeking sale. Also open for a p... View More
Includes physical assets worth USD 445 thousand
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Business Overview
- The business is a manufacturer of industrial electrical switchgear located in Vasai, Maharashtra, specializing in electrical accessories.

- Key products include a variety of high-quality switches, sockets, and plates, catering to both original equipment manufacturer (OEM) clients and the company's own brand.

- The company services three established OEM clients, providing a consistent revenue stream through bulk orders of electrical accessories.

- With a robust daily production capacity of 400,000 switches per month, the business can meet large-scale demands efficiently.

- The workforce consists of 10 permanent employees and 15 contract staff, ensuring flexibility and scalability in operations.

- The company is compliant with industry standards, holding essential certifications such as GST, Udyam, and ISI, enhancing credibility among clients and customers.

- Revenue is generated through direct sales to OEM companies as well as through sales of their proprietary brand of electrical accessories, targeting both local and regional markets.
Products & Services Overview
Electrical accessories, including switches, sockets and plates, are manufactured as OEM for other brands and also for our own brand.
Assets Overview
Moulding machine valued at ₹35 lakhs and moulds worth over ₹3 crores. Other assets are vehicle, equipment and inventory.
Facilities Overview
Located in an Industrial Estate, Vasai, Maharashtra. Its a rented space of 6,000 sq ft.
Capitalization Overview
One unsecured loan of ₹5 lakhs and a loan on delivery tempo worth ₹3.5 lakhs; owned by two directors.
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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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