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Solar Projects Company for Sale in Kolkata, India

Renowned solar EPC company with prestigious clients and an efficient, high-performance team of 39 employees.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.36 million
Run Rate Sales USD 2.8 million
EBITDA Margin 10 %
Industries Solar Projects
Locations  Kolkata
Local Time 7:24 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.63 million (Native Currency: INR 140,000,000)
Reason: The current promoters are looking to focus on other emerging business opportunities. They are commit... View More
Includes physical assets worth USD 500 thousand
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Business Overview
- Founded 15 years ago, the company is located in Kolkata and specializes in making solar energy accessible and affordable through award-winning initiatives.
- Their primary business model involves the execution of EPC (Engineering, Procurement, and Construction) projects, which include the installation of solar rooftop systems and solar water pumping solutions.
- The company has established a strong market presence in East and Northeast India, providing sustainable energy solutions to diverse sectors.
- The company caters to a wide range of customers, including corporates, industries, government sectors, residential users, and farmers.
- Noteworthy clients include prominent organizations such as Aditya Birla Group, Kolkata Metro Railway, SBI, and Vinayak Group.
- The business has successfully installed or is in the process of executing over 40 MW of solar rooftop systems, 2,500 solar water pumps, 250 solar microgrids, and more than 55,000 solar lighting systems.
- They source parts of the solar systems nationally and assemble them at their facility in Kolkata, focusing on quality and efficient production.
- With a well-structured team of 39 employees strategically positioned across the country, the company operates with optimal efficiency.
- This lean workforce is fully capable of managing the end-to-end operations, including assembly, installation, and project execution, without the need for additional hires.
- The team’s experience and coordination allow the company to successfully deliver high-value, large-scale projects while maintaining cost-effectiveness and operational agility.
- Company is fully compliant with a registration certificate and a GST certificate.
Products & Services Overview
- The company’s flagship products include solar rooftop systems and solar water pumping solutions.
- It caters to a diverse customer base comprising corporate and industrial clients, government bodies, residential users, and farmers, delivering customized solar solutions tailored to each segment's energy needs.
Assets Overview
Tangible assets include:
- Factory Shed: Built-up area of 6,000 sq ft worth INR 3 crore.
- Stock/Inventory worth INR 1 crore.
- Tools & Equipment worth INR 30 lakh.
Intangible assets include:
- Well-designed website.
- Incorporation certificate.
- GST certificate.
- Brand name and goodwill.
Facilities Overview
- The company operates a total of seven offices across East and Northeastern India.
- This includes one owned office-cum-warehouse in Kolkata, spanning 6,000 sq ft, serving as the central hub for operations and inventory.
- Additionally, the business maintains six rented offices located strategically across:
West Bengal (1)
Odisha (3)
Jharkhand (1)
Assam (1)
- The owned property is included in the transaction.
Capitalization Overview
- The business has successfully raised INR 5 crore in external funding from a mix of foreign and domestic investors, including a notable investment from the IIM Ahmedabad fund.
- These investors collectively hold a 35% equity stake in the company. The majority ownership (65%) remains with the promoter.
- The business has a working capital limit from Axis Bank of around INR 1 crore.
Recent Activity
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1 Buyer contacted this Business this week. Register below to connect now!
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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