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Switchgear Business Investment Opportunity in Mumbai, India

Mumbai-based manufacturer of electrical accessories, specializing in in-house production of switches and sockets.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 820 thousand
Run Rate Sales USD 810 thousand
EBITDA Margin 8 %
Industries Switchgear
Locations  Mumbai
Local Time 2:01 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 234 thousand for 25.0% stake (Native Currency: INR 20,000,000)
Reason: Seeking investment for expansion across more states in India and increasing the client base. The va... View More
Includes physical assets worth USD 82 thousand
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Business Overview
- Mumbai-based company specializing in the manufacturing of electrical accessories, including switches and sockets.
- The company prides itself on producing electrical accessories entirely in-house.
- The company's flagship product, modular switches and sockets, is designed to revolutionize everyday living with a focus on sleek, reliable, and innovative electrical solutions.
- Operates as a business-to-business (B2B) entity, exclusively engaging with wholesalers. It has established partnerships with one wholesaler per state, covering four states in India.
- Revenue has been consistently growing by 20% annually, reflecting a strong market demand for their products.
- This growth is further supported by weekly supplies, each valued between INR 7 to 8 lakhs.
Products & Services Overview
Manufacturer of electrical accessories, such as switches and sockets.
Business is B2B. Supplying to wholesalers.
Assets Overview
Physical assets include the manufacturing equipment, plant and inventory.
Facilities Overview
Own 7,000 square feet of factory facility located in Palghar, Mumbai.
Capitalization Overview
It's a family owned business.
With less than INR 30 lakhs in debt which is covered by the stock and raw material present in the facility.
Business has 4 partners.
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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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