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Profitable Automotive Accessories Business Investment Opportunity in Rourkela, India

Odisha-based manufacturer of side view mirrors for the heavy commercial vehicle aftermarket.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 177 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 28 %
Industries Automotive Accessories
Locations  Rourkela
Local Time 2:57 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 83 thousand for 24.0% stake (Native Currency: INR 7,000,000)
Reason: Need funds to increase production. The high valuation takes into account the existing sales network ... View More
Includes physical assets worth USD 94 thousand
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Business Overview
Manufacturer of side-view mirrors for heavy commercial vehicles. We produce parts only for Ashok Leyland and Tata Motors vehicles. These are sold in the aftermarket through our sister concern. Our monthly sales fluctuate as per market orders. The mirrors are manufactured by us in our owned production unit in Bisra, Odisha.
Highlights of the production:
• 300 pieces of complete mirrors can be prepared with 8 hours of work by 3 employees.
• We can run 24 hours in 3 shifts and easily make 800 pcs complete mirrors daily.
• As of now monthly we manufacture (250 pcs x 26 days = 6,500 pc approx)
• We can make 20,000 pcs approx monthly after investment.
Some details of the sister concern through which the products are sold.
• 5 employees for sales.
Distribution in 21 districts of Odisha state with around 550 retailers in the last 13 years.
The founder has experience of 15 years in the automobile line.
Products & Services Overview
Manufacturing 6 types of side view mirrors for trucks & buses.
Other than mirrors we trade other accessories (through our sister concern) of vehicles:
1. Tail lamp assemblies.
2. Headlight assemblies.
3. Headlight bulbs.
4. Mirror frames.
5. LED lights.
6. Horns.
7. Electrical wires.
8. Indicators.
Assets Overview
Tangible assets:
- Owned land and building worth INR 40 lakh.
- Production machinery worth INR 40 lakh.
Facilities Overview
Owned facility of 1,308 square feet built-up area in Bisra, single floor.
Capitalization Overview
- Bootstrapped company.
- Loans of around INR 50 lakh including term loan & cash credit from the State Bank of India, Bank of Maharashtra & Bajaj Finance.
Recent Activity
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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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