Need help?

Solar PV Systems Company Investment Opportunity in Visakhapatnam, India

Firm enagaged in manufacturing slolar PV modules for 15+ clients across India.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 900 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 15 %
Industries Solar PV Systems
Locations  Visakhapatnam
Local Time 10:23 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 4 million for 45.0% stake (Native Currency: INR 300,000,000)
Reason: Seeking investment for expansion of a module plant to take up and work on a governmental project. Th... View More
Includes physical assets worth USD 6 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Company Profile
Poster
Solar Modules
Business Overview

- Started commercial operations from 2018.

- Solar PV panels manufacturer supplying to 15+ EPC contractors, dealers and direct customers.

- Our clients are based all across India. Some of our clients include Greenko, Freyr Energy, and Novus Green.

- Customize the modules according to the client's requirements.

- We have yearly contracts with our clients and monthly subscription fees.

- Raw materials are directly imported from 50 suppliers located in China and Korea.

- Our factory produces 60 MW yearly and is currently working with 40% of its capacity.

- We are making 10Wp to 320Wp solar modules and power plant plantations.

- All our work that includes fabrication, storage, assembling, and packaging work is done in-house.

- Our current team has 45 people in our manufacturing unit and 18 people in our sales team.

- Clients are mostly acquired through our own references and directly approaching companies.

- Also, intend to manufacture solar cells which has great potential in the market.

- Seeking funding in order to take up a governmental project that has a requirement of 500 Mw.

- We are in conversation with a few references regarding the project. A tender needs to be filed for that and the investor will have to pay the earnest money deposit. Collateral can be provided in order to safeguard the investors money.

- Run rate sales have dropped due to the lockdown during the pandemic.

Products & Services Overview

Solar modules, cells, and solar EPC, available.

Assets Overview

Physical assets include land, machinery, and raw materials. The land itself is worth INR 33 crores and the machinery is worth INR 8 crores. Machinery includes automated machines, conveyer line of 60 kW, and other heavy machinery.

Facilities Overview

Owned manufacturing unit spread across 3.27 acres of land. A rented office in Visakhapatnam with a space of 1,000 sqft and a monthly rent of INR 25,000.

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.
Contact Business

5 Investors already contacted this Business.
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.
You might also be interested in these businesses

    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