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Electrical Vehicles Business Equity Stake For Sale in Himmatnagar, India

Leading manufacturer of zero-emission EV vehicles seeking partial stake sale/Convertible Note to meet growing demand.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 88 thousand
Run Rate Sales USD 132 thousand
EBITDA Margin 20 - 30 %
Industries Electrical Vehicles
Locations  Himmatnagar
Local Time 2:00 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 166 thousand for 18.0% stake (Native Currency: INR 15,000,000)
Reason: The company has already invested over four to five years in establishing all necessary government re... View More
Includes physical assets worth USD 720 thousand
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Business Overview
- Located in Himmatnagar, this business specializes in designing electric autorickshaws, emphasizing energy efficiency and a seamless ownership experience.
- Addressing the massive growth opportunity in India — one of the largest three-wheeler markets globally. By 2030, the Total Addressable Market (TAM) is projected to reach USD 120 billion, with a Serviceable Available Market (SAM) of USD 5.5 billion and a Serviceable Obtainable Market (SOM) estimated at USD 4.5–5.0 billion.
- The company is dedicated to creating zero-emission vehicles, contributing to environmental sustainability and targeting profit maximization for customers through quality materials and cutting-edge technologies.
- With Patented designs and Trade marks from IP INDIA and production capabilities, the business has current manufacturing capacity of 1,000 electric autorickshaws annually, aiming to scale production to between 3,000 and 6,000 units in the future.
- The company is on a strong growth trajectory in the electric mobility segment, projecting revenues of ₹10–15 crore within the next 12–18 months and ₹90–200+ crore over the next five years. Growth will be driven by capacity expansion, market adoption, and a scalable business model. Detailed projections under conservative and aggressive scenarios are provided in the document section.
- The company serves B2B clients, currently collaborating with 3 dealers to distribute its innovative electric vehicles.
- Currently offering one model, the company plans to expand its product line to include three additional variants along with loaders, including waste collection tippers designed for B2B Nagar Nigam projects, thereby catering to a broader customer base. The company also envisions future diversification into electric two-wheelers (EV2W) and commercial electric four-wheeler loaders (EV4W).
- All products meet the highest industry standards, ensuring reliability and performance, which enhances customer retention and satisfaction.
- The focus on energy-efficient and environmentally-friendly vehicles positions this business favourably in a growing market, making it an attractive option for investors interested in sustainable technologies.
- The company is also planning to expand into export business.
Products & Services Overview
Zero-emission autorickshaws, contributing to environmental sustainability and targeting profit maximization for customers through quality materials and cutting-edge technologies.
Assets Overview
Tangible assets:
- Manufacturing unit.
- Machines.
Intangible assets include;
- Brand name.
- Patents.
- License and permits.
Facilities Overview
The business operates from an owned manufacturing unit.
Capitalization Overview
- 3 Shareholders.
- Totally boot strapped as of now.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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