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Thermal Solar Equipment Company Investment Opportunity in Mysore, India

Upcoming manufacturer of energy-efficient electric storage geysers seeks funds for a pan-India product launch.
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 Thermal Solar Equipment + 1 more
Locations  Mysore
Local Time 11:48 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 14.0% stake (Native Currency: INR 50,000,000)
Reason: For completion of production set-up and to launch the product across the Indian B2B and B2C market.
Includes physical assets worth USD 260 thousand
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Business Overview

- DIPP recognized start-up company that will manufacture and sell solar hybrid and specialized geysers.

- We are in the process of setting up our manufacturing facility for a new generation of electric and solar hybrid geysers.

- Company aims to tap market potential across the country with this new technology.

- B2C product launch with an option to pre-order will commence next month. Individuals will be eligible for a 50% discount on pre-orders.

- Our product conserves 35% of electricity and saves 20 litres of water in every use.

The company has IPR and designs worth INR 3.5 crore.

- The investor shall get a 14% stake in this company.

Products & Services Overview

1. Electric storage geyser.

2. Solar hybrid geyser.

Assets Overview

Physical assets include the land and building worth INR 2.2 crores.

Intangible assets worth INR 3.5 crore include the IPR rights for 10 years of manufacturing; market fit, product drawing, and designs.

Facilities Overview

Owned facility with a built-up area of 5,000 sq. feet, the entire facility has been designed exclusively for manufacturing the new geysers.

Capitalization Overview

We raised funds as follows,

Founders-INR 2.2 crores.

SBI loan- INR 1.00 crores.

F & R Investments INR 1.6 crores.

VC Investment- INR 0.65 crores.

- Company has 2 directors.

Recent Activity
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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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