Wires and Cables Company for Sale in Amreli, India
| 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 |
- 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.
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.
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.
-
4 days, 15 hours agoInvestment Banking Analyst, Bank, New York City, Individual Investor / Buyer connected with the Business