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Profitable Solar Products Business Investment Opportunity in Bhubaneswar, India

Manufacturer of solar and electric equipment with Odisha govt solar tender worth INR 22 crores.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 360 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 40 %
Industries Solar Products
Locations  Bhubaneswar
Local Time 11:24 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 40.0% stake (Native Currency: INR 20,000,000)
Reason: Funds will be used to procure raw materials to cater to the tender in hand.
Includes physical assets worth USD 500 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Established manufacturer of solar and electric equipment located in Bhubaneswar, India.

- Products & services include solar street lights, LED street lights, LED bulbs, solar home lights, solar pumps, solar galvanized structures, 5,000-liter water tanks, and electric products.

- We work with government bodies such as RWSS and DRDA to complete tenders.

- Received an Odisha Government solar tender worth INR 22 crores.

- Currently, have low capacity utilization due to a lack of raw materials.

- Can manufacture 6-7 5K liter water tanks and 200-300 solar lights per day at full capacity.

- We hire 20-30 part-time employees based on the requirement.

Products & Services Overview

Solar street light, LED street light, LED bulb, solar home light, solar pump, solar galvanized structure, 5,000 liters water tank, and electric products.

Assets Overview

Own factory land and building worth INR 3+ crores, solar water tank and light manufacturing equipment.

Facilities Overview

Have 4 factories total area of 20, 000 sq ft.

1 is owned and the rest 3 are on rent.

Capitalization Overview

Funded with the director's money. Promoter has 100% ownership and there are no other shareholders. The business does not have any debts or liabilities.

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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