Profitable Electrical Vehicles Company Investment Opportunity in Hyderabad, India

Electric vehicle manufacturing business selling directly to auto drivers and organizations pan India.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 500 thousand
EBITDA Margin
30 - 40 %
Industries
Locations
Local Time
11:14 PM Hyderabad
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 400 thousand for 20.0% stake (Native Currency: INR 30,000,000)
Reason: For scaling up operations, product development, working capital and to complete on going orders.
Includes physical assets worth USD 370 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- An electric vehicle manufacturing business based in Hyderabad.

- We manufacture three-wheeler vehicles (auto-rickshaw) and are waiting for approval to manufacture electric two wheeler vehicles.

- Have a leased manufacturing unit in Hyderabad, and are looking to shift to a bigger manufacturing unit in order to increase our production capacity.

- New manufacturing unit will be leased for 40 years.

- We sell the vehicles directly to auto drivers and to institutions / organizations.

- Have sold over 700 units directly to auto drivers pan Inida.

- We receive an average order of 2-3 units from organizations such as - Airforce Academy, Tata Consultancy Services, Chinna Jeeyar Swamy Ashram, Military Hospital, Celebrity Hospitalities, Ramakrishna Mutt, Bhaskara Medical College, Kamineni Hospitals.

- Also selling to various municipality and Panchayats pan India.

- Physical assets include machines, inventory and raw material.

- The reason for valuing the business at Rs. 5 crore is that once we shift into the new manufacturing unit our revenues will increase strongly.

Products & Services Overview

We manufacture - 2 models of electric three-wheeler.

1. 4 +1 passenger.

2. 450 Kgs loading capacity cargo.

- 2 models of electric two-wheeler (Awaiting Approval)

Assets Overview
Facilities Overview
Recent Activity
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
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

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more