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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 Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 10 - 20 %
Industries Electrical Vehicles + 1 more
Locations  Kalyan
Local Time 1:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 27 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 11 thousand
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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.

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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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