Solar Products Company Investment Opportunity in Mysore, India
Manufacturing smart solar geyser and smart electric geyser for domestic and commercial applications.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Solar Products |
| Locations | Mysore |
| Local Time | 6:30 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Investment
USD
18 thousand
for
8.0%
stake
(Native Currency: INR 1,500,000)
Reason: For marketing expenditures.
Includes physical assets worth
USD
180 thousand
Interested to connect with advisors
Documents
Invitation for Investment
(973.8 KB)
Incorporation Document
(522.9 KB)
Award Certificate
(66.2 KB)
ROC-Verification.pdf
(59.4 KB)
Business Overview
- We are a DIPP recognized startup having 4 patents for smart solar geyser & smart electric geyser.
- The water heating market is growing at approximately 20%
- Promoters holds 4 patents jointly and have 50 plus years experience.
- We won best design award by design clinic India & top-400 Innovative startup award IIM-Kolkata.
- Technology Development Board evaluated the project in 2 stage and now agreed to fund 50% of project cost.
Products & Services Overview
Smart Solar Geyser, Smart Electric Geyser, Rural Solar Geyser.
Facilities Overview
The total Manufacturing project cost is INR 3.54 Cr.
We have invested 1.61 Cr till date and need balance of 60 lakhs as Investment for working capital.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Diagnostics, Mysore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector - Middle East, IT, Hyderabad, Individual Investor / Buyer connected with the Business
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