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Solar Products Business Investment Opportunity in Kolkata, India

Solar products manufacturer that used to cater to clients like Reliance Industries, ONGC, Tata Motors.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 6 - 7 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 10 - 20 %
Industries Solar Products
Locations  Kolkata
Local Time 12:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 25 thousand for 40.0% stake (Native Currency: INR 2,000,000)
Reason: We want to focus on. - All India sale of US-made Li-Ion batteries, - Manufacture of e-cycles. -Co... View More
Includes physical assets worth USD 60 thousand
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Business Overview

- Kolkata-based reputed solar manufacturer with 14 years of experience.

- Have an exclusive agreement for the sale of US made Li Ion and Li FePO4 Batteries in India with a reputed US manufacturer.

- Also have an agreement for the transfer of technology with the same firm for manufacture in India.

- Some of the innovative solar products are solar portable lights, solar suitcases, solar cum line powered low voltage kitchen water heaters and geysers, portable milk coolers, and panel defrosters.

- Business association with Flipkart and Amazon for online delivery of our products.

- We are registered with India Mart, Trade India, Moglix and Neeshi for sale of our products.

- We used to serve clients like Reliance Industries, ONGC, and Tata Motors and have Vendor Registration with them.

- Owner, an Electrical Chartered Engineer, has 40+ years of electrical engineering experience in Steel, Power plant, Chemical industries, and later with solar system integration.

- Business is also manufacturing electric cycles with ranges of 60-100 km, and conversion of 2-wheelers to Electric.

- The business of Solar and EV have immense possibilities but present business slowdown due to pandemic has been a big constraint to growth.

- Hence we need a financial assistance to saty in course.

Products & Services Overview

Manufacturing and sell - solar power plants, street lights, home lights, solar water heaters, solar water pumps, solar air heaters, solar suitcase, portable solar, solar generators, retrofitting of LED lights, selling of EV batteries, e- cycles, and conversion projects.

Assets Overview

Office space, testing equipment, machinery cost, electrical equipment, solar product equipment, and license of solar manufacturing.

Agreement with a US firm for the sale of their lithium batteries in India and transfer of their technology.

Facilities Overview

800 Sq Ft, own flat for manufacturing and assembly.

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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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