Newly Established Solar PV Systems Business Seeking Loan in Bengaluru, India
Bengaluru-based 90 MW solar module manufacturer with OEM contracts, MoUs, and ALMM listing in progress.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 265 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Solar PV Systems |
| Locations | Bengaluru |
| Local Time | 11:49 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
550 thousand
for
11.0%
annual interest,
2
years
(Native Currency: INR 50,000,000)
Reason: Funds are required for capital and procurement of DCR cells to fulfil an order worth INR 10 crore mo...
View More
Collateral Available: USD 550 thousand
Includes physical assets worth
USD
3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Machine List
(774.0 KB)
Company Profile
(2.2 MB)
Business Overview
- Solar module manufacturing company based in Bengaluru with an installed capacity of 90 MW per annum.
- Manufactures both Topcon and Mono PERC panels, with DCR and non-DCR compliance under the new BIS norms.
- ALMM listing expected by December this year to strengthen market positioning.
- Began operations in March; currently engaged in OEM supply for a leading client.
- Planning to expand into a B2B model by supplying wholesalers and distributors under its own brand.
- Signed MoUs with two major Bengaluru operators for 25 MW and 40 MW annually.
- Revenue streams: OEM contracts and branded product sales.
- Presently operating at 30% capacity with strong order visibility for OEM projects from industry leaders.
- Promoter holds an MBA in Marketing and 2 years’ experience in the renewable energy sector.
- Manufactures both Topcon and Mono PERC panels, with DCR and non-DCR compliance under the new BIS norms.
- ALMM listing expected by December this year to strengthen market positioning.
- Began operations in March; currently engaged in OEM supply for a leading client.
- Planning to expand into a B2B model by supplying wholesalers and distributors under its own brand.
- Signed MoUs with two major Bengaluru operators for 25 MW and 40 MW annually.
- Revenue streams: OEM contracts and branded product sales.
- Presently operating at 30% capacity with strong order visibility for OEM projects from industry leaders.
- Promoter holds an MBA in Marketing and 2 years’ experience in the renewable energy sector.
Products & Services Overview
Topcon and Mono PERC solar modules supplied to OEM clients, distributors, and large-scale project developers.
Assets Overview
Tangible assets:* Machines worth INR 8 crore.
* Facility worth INR 6 crore.
* Godown worth INR 3 crore.
* Land worth INR 10 crore.
These assets are crucial for our operations and cannot be liquidated.
Intangible assets: The company holds a BIS certificate.
Facilities Overview
We have a built-up manufacturing area of 15,000 sq. ft. and a 9,000 sq. ft. godown, both owned and located in Bangalore.
Capitalization Overview
The business is fully funded by two partners, a father and son, each holding 50% ownership. The company has a CC limit of INR 50 lakhs and is entirely funded by the founders. Additionally, the son has taken a personal loan of around INR 2 crores against property, which is not linked to the company.
Recent Activity
-
Earlier than 15 daysCEO, Renewable Energy, Coimbatore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisors, Delhi, Business Broker connected with the Business
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
Tags:
Newly Established Photovoltaic Solar Business Seeking Loan in Bengaluru, India
·Newly Established Solar PV Systems Business Seeking Loan in Bengaluru, India
·Lend to Newly Established Photovoltaic Solar Business in Bengaluru, India
·Newly Established Photovoltaic Solar Business Seeking Loan in Bangalore
·Lend to Newly Established Solar PV Systems Business in Bengaluru, India
·Newly Established Solar PV Systems Business Seeking Loan in Bangalore
·Lend to Newly Established Photovoltaic Solar Business in Bangalore
·Lend to Newly Established Solar PV Systems Business in Bangalore
·Newly Established Photovoltaic Solar Business Seeking Loan
·Newly Established Solar PV Systems Business Seeking Loan
·Lend to Newly Established Photovoltaic Solar Business
·Lend to Newly Established Solar PV Systems Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
6 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,500+ other businesses of all sizes.
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.
You might also be interested in these businesses