Profitable Medical Equipment Wholesale Company Investment Opportunity in Bangalore, India

Investment Opportunity In A Clean Room Assembly Center Project Engaged in The Production Of Medical.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 7 million
EBITDA Margin
40 %
Locations
Local Time
10:31 AM Raichur
Listed By
Management Member
Status
Moderately Active
Overall Rating
Seeking Investment
USD 4.4 million for 50.0% stake (Native Currency: INR 300,000,000)
Reason: We can have an in-depth discussion during the meeting and the plant visit which can clarify our posi... View More
Includes physical assets worth USD 8 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

We are a professional healthcare company with specific focus on supply of medical devices, medical / surgical disposable products to healthcare facilities. Our target market is presently India and we are planning exports from FY 2015-16.

We have successfully obtained license under “Form 28” for manufacturing Medical Devices which come under the purview of Central Licensing Approval Authority (CLAA) DCGI. We now have license for manufacturing 34 products under this license which encompasses a range of Catheters, Tubes, EMS Critical Care Products, Surgical Products. We have also successfully obtained license for manufacturing Infusion Therapy products, POP cast and Transfusion Products under “Form 25” from the Karnataka State Drug Control Department.

Quality Certifications for the facility and products will be as per:

I) ISO 9001-2008, ii) ISO VALIDATION FOR CLEAN ROOM, iii) ISO VALIDATION FOR ETO, iv) ISO 13485-2003 v) CE, vi) WHO – GMP, vii) GMP, viii) BIS (Bureau of Indian Standards) Registration (for select products)

During the FY 2011-12, We faced several and severe challenges. The foreign exchange rate went up from Rs. 45 per USD to Rs. 58 per USD. Our lead banker on a technicality of MPBF reduced our Working Capital limit granted earlier for trading activities by Rs. 1 crore. This led to cascading effects and the company faced severe hardships during the period April 2011 to present.

Products & Services Overview

Medical & Surgical Disposables Products.

Some of our products are - Bronchus Bacteria collection set, Infusion set With Butterfly Needle, Latex Surgical Gloves, PVC Reinforced Endotracheal Tube Cuffed, Silicon Plain Endotracheal Tube Un-Cuffed, Karman Cannulae Adaptor.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with this business
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with this business
  • Earlier than 15 days
    Client Acquisition Manager, Bangalore, Financial Advisor connected with this business
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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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