Thermal Solar Equipment Company Investment Opportunity in Mysore, India
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 |
- 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.
1. Electric storage geyser.
2. Solar hybrid geyser.
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.
Owned facility with a built-up area of 5,000 sq. feet, the entire facility has been designed exclusively for manufacturing the new geysers.
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.
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Earlier than 15 daysPartner, Power Electronics, Jalandhar, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Vadodara, M&A Advisor connected with the Business
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Earlier than 15 daysBusiness Head, Ecofy (Accretive Cleantech Finance Private Limited), Mumbai, Financial Institution connected with the Business