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Solar PV Systems Company for Sale in Mumbai, India

Solar PV module manufacturing company with 600 MW installed capacity supplying renewable energy clients.

Established 1-5 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 9 million
Run Rate Sales USD 9.4 million
EBITDA Margin 10 %
Industries Solar PV Systems
Locations  Mumbai
Local Time 6:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 15.7 million (Native Currency: INR 1,500,000,000)
Reason: The owner is relocating to London and is therefore looking to sell the business.
Includes physical assets worth USD 13.6 million
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Business Overview
- Solar PV module manufacturing company producing solar panels for the renewable energy sector.
- The manufacturing facility has an installed capacity of approximately 600 MW for solar panel production.
- The plant currently produces around 25 MW of solar modules per month supplying to multiple renewable energy companies.
- The business serves approximately 35 customers, including multinational companies operating in the renewable energy industry.
- Operations are supported by a workforce of around 120 employees managing manufacturing, quality control, logistics, and administration.
- Infrastructure includes the production plant, administrative block, labor quarters, and supporting industrial utilities.
- Key tangible assets include land, manufacturing building, solar module production machinery, and inventory.
- The company has been established in the renewable energy manufacturing sector and supplies solar panels to commercial and industrial clients.
- The business is promoted by three promoters and is seeking a full sale transaction for the company.
- The higher revenue is driven by large-volume solar module orders and automated production lines, allowing efficient output with a lean workforce.
Products & Services Overview
Manufacturing and supply of solar PV modules to renewable energy companies, EPC contractors, and multinational firms operating in the solar power sector.
Assets Overview
Tangible assets include land, building, machinery, and inventory, while intangible assets include the company’s GST registration, incorporation certificate, and ISO certifications.
Facilities Overview
The company owns approximately 20,000 sq. meters of land with about 100,000 sq. ft. of constructed facilities, including the manufacturing plant, labor quarters, and an administrative block.
Capitalization Overview
The company is promoted by three promoters and has a term loan of approximately INR 13 crore; the business has primarily been funded by the promoters.
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1 Buyer contacted this Business this month. 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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