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Wires and Cables Company for Sale in Amreli, India

Galvanizing plant with 6,480 sq mt factory, acting as regular vendor for Gujarat electricity companies.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.92 million
Run Rate Sales USD 1.67 million
EBITDA Margin Operating at loss
Industries Construction Material Wholesale + 1 more
Locations  Amreli
Local Time 1:02 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 900 thousand (Native Currency: INR 85,000,000)
Reason: Selling due to a working capital shortage.
Includes physical assets worth USD 900 thousand
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Business Name
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Factory
Barbered Wire
Business Overview
- We run a robust galvanizing plant in Amreli, occupying a spacious 6,480 sq mt area, dedicated to manufacturing high-quality galvanized wire.

- Our product range includes galvanized wire from SWG 8 to 16 gauges, chain link fencing, and barbed wire.

- We proudly serve as a regular vendor for electricity companies in Gujarat, including PGVCL, MGVCL, DGVCL, and UGVCL—making us a trusted partner in the industry.

- As the only MSME manufacturer in Gujarat, we benefit from favorable government policies that guarantee us 50% of any tender quantity, giving us a significant edge.

- With a potential work order capacity of around 3,500 tons per year, the buyer can anticipate earnings of approximately 35 crore at full capacity, thanks to our solid market position.

- Our products are ISI certified, ensuring they meet high-quality standards. We also supply chain link fencing and barbed wire to the agricultural sector, which qualifies for government subsidies.

- Our plant was renovated last year, meaning all our machinery is up-to-date and efficient, ready to maximize production.

- Currently, our production capacity stands at 600 MT per month, but we're only utilizing around 250 MT, revealing significant room for growth—making an investment in working capital essential to optimize our operations.

- We're looking at an 18 crore value for tenders expected next year and have maintained a 100% bid success rate for tenders as the L1 supplier in our category.

- We hire contract labourers as required, depending on the order.

- Our sales declined this year due to a working capital shortage as well as due to external geopolitical factors.
Products & Services Overview
We offer galvanized wire ranging from SWG 8 to 16 gauges, along with chain link fencing and barbed wire. As regular vendor suppliers for electricity companies in Gujarat like PGVCL, MGVCL, DGVCL, and UGVCL, we take pride in being the only MSME-based manufacturer in the state. Our chain link fencing and barbed wire are also supplied to the agriculture sector and qualify for government subsidies.
Assets Overview
Office space of 6,480 sq mt valued at INR 2.5 crore, along with plant and machinery worth INR 6 crore. Includes MS wire galvanizing plant with 16 lines, stay wire machine, 10 sets of wire drawing blocks, 2 chain link fencing machines, barbed wire machine, 2 cranes, ETP plant, cooling plant, laboratory, fuel tank, and 10 labour quarters.
Intangible assets include the entity and the ISI certification for all our products, tender contracts (worth INR 18 crore for the upcoming year), and L1 certification for tenders.
Facilities Overview
Owns a 6,480 sq mt area with a galvanizing plant and office in Amreli.
Capitalization Overview
The company has 3 directors. Funded with a mix of shareholders' capital and debts.
Outstanding debts include a CC loan of INR 4.8 Cr, a working capital loan of INR 2.4 Cr, a partner's loan of INR 1 Cr, and credit of raw material & deposits around 1 Cr. The debts will be cleared during the sale or can be carried over depending on the buyer's requirement.
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1 Buyer contacted this Business this week. 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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