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Solar Products Business Investment Opportunity in Kalyan, India

Company is into manufacturing of solar-based cooling systems and e-vehicles, having 12 government clients.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 10 - 20 %
Industries Electrical Vehicles + 1 more
Locations  Kalyan
Local Time 8:19 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 23 thousand for 50.0% stake (Native Currency: INR 2,000,000)
Reason: Seeking funds for working capital to fulfill work orders and to develop the infrastructure. This wil... View More
Includes physical assets worth USD 9.2 thousand
Interested to connect with advisors
Documents
Business Overview
- Company is a manufacturer of solar freezers, solar ACs, solar air coolers, and cold storage units.
- We work on a project basis and supply to government organizations in the fisheries, animal husbandry, dairy, health, and agricultural sector.
- Procure raw materials from 3-4 vendors in India and other materials are imported from Taiwan and China.
- Have a rented manufacturing facility with leased machinery for the fabrication process.
- Have 12 government clients including the State Fisheries Department of West Bengal.
- We receive INR 6-7 lakh worth work orders on a monthly basis and currently, we have received 2 work orders worth INR 14-15 lakh, including an order for manufacturing 3 e-rickshaws. We are seeking funds to fulfill this order and to develop the infrastructure.
- Promoter has 10+ years of industry experience.
- We recorded good sales growth since the last year as we are getting more work orders and have also started working on electric vehicles this year.
- Business owned assets include equipment and furniture.
Products & Services Overview
Manufacturer of solar freezers, solar cold storages, solar air conditioners, solar air coolers, and customized electric vehicles.
Facilities Overview
Rented 1,000 sq ft manufacturing facility, taken on lease.
Capitalization Overview
Not Disclosed
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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