↩ Go Back
Need help?

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.
This Business is on a 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 9:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
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
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
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more