7.3 / 10
 Hassan

Manufacturer of water-based paints, adhesives & waterproofing solutions with a dealer network of 250.

Key Business Facts
Yearly Sales USD 470 thousand
EBIDTA Margin 13 %
Industries Paint Factories
Locations  Hassan
Business Overview
- We are a manufacturer of water-based architectural paints.
- On a daily basis we can manufacture 10,000 litres of paint, 8 tonnes of specialty chemicals, and 2 tonnes of adhesives.
- We have operations in Goa, Karnataka, and Telangana.
- The company has over 250 dealers.
- Promoters with more than 30 years of industry experience.
- Our director of R&D is a chemist having 35 years of experience.
- Business is experiencing a high revenue growth rate as we have expanded our market through advertising and our unique product portfolio.
- The company is registered in Mumbai but is located in Hassan.
Products & Services Overview
We manufacture water-based architectural paints. Our USP product is direct-to-metal water-based enamel (first time in India), acrylic binders, adhesives, and waterproofing solutions.
Capitalization Overview
The company has raised INR 40 lakh through equity, INR 46 lakh through CCD, and INR 1.5 crore through cash credit. The business has 3 directors each having a 4% stake in the company, three shareholders each having a 28% stake, and the rest of the 4% with company employees.
Assets Overview
Physical assets include computers and machinery worth INR 40 lakh, stock worth INR 1.1 crore, and receivables worth INR 1.6 crore.
Partial Stake Sale
USD 560 thousand for 20.0% stake (Native Currency: INR 50,000,000)
Reason: We are planning to commercialize binders / direct-to-metal water-based enamels & increase our turnov... View More
Includes physical assets worth USD 345 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp