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Profitable Diagnostic Substances Manufacturing Company Investment Opportunity in Bhopal, India

FDA, WHO, and ISO compliant company manufacturing high-quality in vitro diagnostic products, clinical chemistry reagents.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 113 thousand
Run Rate Sales USD 190 thousand
EBITDA Margin 40 %
Industries Diagnostic Substances Manufacturing
Locations  Bhopal
Local Time 3:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 460 thousand for 50.0% stake (Native Currency: INR 41,000,000)
Reason: Funds will primarily be utilized for marketing and scaling. Our company offers a wide range of high-... View More
Includes physical assets worth USD 850 thousand
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Documents
Trademark
Msme Certificate
CE Mark Certified
WHO-GMP
ISO-13485
GST
Business Overview
- The company specializes in manufacturing high-quality in vitro diagnostic products, clinical chemistry reagents and rapid diagnostic tests.
- The company serves over 100 clients, including hospitals, diagnostic laboratories, and POCT providers.
- Our revenue model includes direct sales to healthcare institutions and laboratories.
- We engage in B2B sales of uncut sheets of urine strips to other manufacturers.
- Company forms OEM partnerships and offers custom packaging solutions for clients.
- We also conduct sales through distributors and marketing partners.
- Our promoters bring over three decades of expertise in the healthcare industry, specializing in the development and production of in vitro diagnostic products.
- We have a strong background in quality assurance, adhering to ISO 13485:2016 and GMP standards.
- The company is ISO 13485:2016 and GMP certified.
- We hold a startup certificate and are selected under the BIRAC scheme for innovative product development.
- The company collaborates with academic and research institutions, including a notable partnership with IIT Kanpur for developing a TB RT-PCR kit under the BIRAC scheme.
- Our product range includes a comprehensive array of clinical diagnostic reagents and test kits.
- We offer custom packaging options tailored to client requirements.
- Company is committed to continuous improvement and total quality assurance.
- Our highlights showcase our dedication to delivering superior-quality diagnostic products, fostering strong industry relationships, and maintaining a robust quality management system.
- We boast a state-of-the-art manufacturing plant in Bhopal, fully compliant with Indian FDA, WHO, and ISO 13485 standards.
- Our manufacturing capacity includes:
- Rapid Card: 5 million tests/month.
- Biochemistry: 10,000 liters of reagents/month.
- Hematology: 25,000 liters of reagents/month.
- Urine Strip: 300,000 strips/day.
- The company has a highly motivated and experienced team excelling in manufacturing, quality control, regulatory compliance, and supply chain management.
- We have a provision for a 3-row assembly room, ensuring efficient and reliable production to meet extensive testing capabilities.
- Our facility is a testament to our commitment to high-quality manufacturing and our readiness to seize future business opportunities while maintaining the highest standards of compliance and efficiency.
Products & Services Overview
- Clinical chemistry reagents and kits.
- Rapid diagnostic tests for point-of-care testing (POCT).
- Comprehensive 11-parameter urine strips.
- Uncut sheets of urine strips for manufacturers and B2B sales.
Assets Overview
Land of 10k sq ft worth INR 70 lakhs with the rest attributable to:
Manufacturing Facility:
Our state-of-the-art plant in Bhopal spans multiple floors with expandable capacity. Equipped with efficient lifts, it houses essential machinery including coating, cutting, pressing, and filling systems, alongside Type 2 water systems, cold rooms, and deep freezers.
Inventory:
We maintain stocks of raw materials for diagnostic kits and reagents, as well as finished products ready for distribution.
Office Setup:
Our office is equipped with computers, printers, and ergonomic furniture.
Logistics:
We operate company-owned vehicles for seamless logistics and transportation.
Assets:
Our intangible assets include valuable intellectual property, manufacturing licenses, and trademarks for proprietary diagnostic products and processes.
Certifications:
We are certified with ISO 13485:2016, GMP, and startup certificates, ensuring adherence to international standards.
Reputation and Relationships:
With a strong brand presence and trust in the healthcare sector, we foster long-term partnerships with hospitals, clinics, and diagnostic labs. Our collaboration with IIT Kanpur under the BIRAC scheme highlights our commitment to innovation.
Customer Base:
We serve a diverse clientele of over 100 institutions, including hospitals, diagnostic labs, and POCT providers.
Team Excellence:
Our team excels in manufacturing, quality control, regulatory compliance, and supply chain management, driven by expertise and dedication.
Research and Development:
We continuously innovate, with ongoing projects like the development of a TB RT-PCR kit in collaboration with IIT Kanpur.
Facilities Overview
Facility description:
Company owned facility is designed with future growth in mind, featuring floor-wise expansion and a lift for streamlined operations.
Built-up area and structure:
The facility spans 10,000 sq/ft, allowing for future growth with floor-wise expansion capabilities. It is equipped with a lift for efficient operations across multiple floors. The property belongs to the company.
Manufacturing operations:
The facility is dedicated to producing an extensive product line and accommodating OEMs, joint ventures, and collaborations. There is designated space for new business opportunities, with the potential to develop the remaining plot area for future prospects.
Machinery and equipment:
Our facility houses cutting-edge machinery, including coating, cutting, pressing, filling systems, Type 2 water systems, cold rooms, and deep freezers. We meticulously maintain environmental conditions with validated centralized AHU and dehumidifiers to ensure optimal production conditions.
Capitalization Overview
Funded through a combination of internal capital, operational revenue, and strategic debts/loans.
Outstanding debts/loans: The business has a cash credit (CC) working capital loan of ₹40 lakhs from the State Bank of India (SBI), which supports day-to-day operations and ensures smooth cash flow.
Total number of shareholders/owners: There are two main shareholders with a 98-2% split.
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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