Profitable Electrical Vehicles Company Investment Opportunity in Vapi, India
Electric bike company seeking investment to achieve a ₹50L monthly sales target within a year.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 230 thousand |
| Run Rate Sales | USD 208 thousand |
| EBITDA Margin | 25 % |
| Industries | Electrical Vehicles |
| Locations | Vapi |
| Local Time | 9:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
346 thousand
for
30.0%
stake
(Native Currency: INR 30,000,000)
Reason: We need funding due to a shortage of funds required for working capital needs. With this support, we...
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Includes physical assets worth
USD
40 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Our Team
(68.8 KB)
Vehicle Exhibition
(94.1 KB)
One of The Showrooms
(63.3 KB)
Scooters Advert
(10.2 MB)
Project Report
(7.5 MB)
Business Overview
- Located in Vapi, this electric vehicle manufacturer has been operational for 7 years, focusing on electric scooters and bikes tailored for students and commuters.
- The company specializes in both non-RTO and RTO electric scooters, addressing the needs of office commuters and families.
- Aiming to boost production capability to 30,000 electric vehicles annually, with future plans to achieve a valuation of INR 600 crore and secure central government approvals.
- Current production of electric vehicles stands at 50 units per month with a maximum capacity of 200-400 units, constrained due to funding shortages.
- Parts for the electric scooters are imported from China, underscoring the potential for cost optimization and supply chain improvements.
- Despite a recent slump in sales due to cash constraints, the company is poised for growth upon securing additional investments.
- Holds necessary MSME and GST certifications, facilitating smooth operational and fiscal compliance.
- The business is strategically positioned to tap into the burgeoning electric scooter market in India, focusing on eco-friendly transportation solutions.
- The company is registered in Udwada, Gujarat.
- The company specializes in both non-RTO and RTO electric scooters, addressing the needs of office commuters and families.
- Aiming to boost production capability to 30,000 electric vehicles annually, with future plans to achieve a valuation of INR 600 crore and secure central government approvals.
- Current production of electric vehicles stands at 50 units per month with a maximum capacity of 200-400 units, constrained due to funding shortages.
- Parts for the electric scooters are imported from China, underscoring the potential for cost optimization and supply chain improvements.
- Despite a recent slump in sales due to cash constraints, the company is poised for growth upon securing additional investments.
- Holds necessary MSME and GST certifications, facilitating smooth operational and fiscal compliance.
- The business is strategically positioned to tap into the burgeoning electric scooter market in India, focusing on eco-friendly transportation solutions.
- The company is registered in Udwada, Gujarat.
Products & Services Overview
The business's top-selling products are electric scooters and bikes, catering to students, office commuters, and families.
Assets Overview
Tangible assets:- Inventory and all machinery.
Facilities Overview
Operating from a rented 15,000 sq. ft. factory for assembly, with plans to convert it into a complete EV manufacturing unit.
Capitalization Overview
Outstanding NPAs valued at ₹3 crore mortgaged against ownership linked to a bungalow property (privately owned).Has 2 directors with equal shares.
Recent Activity
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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