Solar Project Business Investment Opportunities

We are one of the most well-known and ISO 9001:2015 certified solar EPC firms, founded in 2018 with the goal of making a difference in the green energy industry in the state of Maharashtra. Started the business working on residential projects and slowly shifted to commercial and industrial projects. Started taking B2B design projects and our first international client was Sunlight Energy Solutions based in Florida, United States. Business is approved by Maharashtra State Electricity Distribution Company Limited. Company works on private, residential, government and industrial projects. We have finally completed our major transition and are now listed with the Ministry of New and Renewable Energy. In the current financial year, we have installed over 1,900 kW of solar panels. Due to more projects and new partnerships, our revenue has grown drastically. We hire contract labors on a project basis based on demand. We are an approved channel partner for Tata Power Solar.

- 2 decade young business with pan India operations and multiple branch offices for extending after-sale support. - Supporting a client base in excess of five hundred. Excellent ongoing business relationships with existing clients through prompt and efficient pre and post-sale support. - Received awards and recognitions from many vendors and clients for our services and support. - Started the business by trading multi brand UPS and now the majority of our revenue is from solar projects. - All our clients are companies and businesses. We work with large infrastructure companies. - This year, we have 6 ongoing projects. - Revenue has increased as we have started working on more and bigger solar projects.

An ethical renewable energy company with tremendous growth, blemish free compliances and sound fundamentals. The business has 100 plus clients with a revenue YoY growth rate of 88 %. Promoters are army veterans and DCE graduates with over 5 decades of combined management and technical experience. Last year’s turnover was INR 47 crore and the previous FY was INR 25 crore. Profit after tax (PAT) was INR 2.1 crore. Ongoing projects in pipeline currently worth INR 40 crore and projected turnover this year is INR 80 crore. We have started the process of going for the SME IPO in the next financial year and the main board within the next 2 years. As of now the 100 % equity of the company is with the three founders. The company valuation is INR 150 crore. Typical project duration is from 1 to 6 months. Business is experiencing a high growth rate due to good business strategies, marketing, and an increase in the number of clients.

- Our business has over 20 clients (installers & retailers) - Since our inception, we have completed 2 government projects and 15 residential projects. - We also deal with the distribution of solar equipment and panels. - Our business has a unique distribution channel.

- We install solar products for residential, commercial and industrial solar projects. - Customers are acquired through government tenders and we have more than 500 annually customers with a 20% reference growth rate. - We provide turnkey projects for clients and we have around 9 suppliers. - Revenue model is based on installations made by us. - We have MNRE and GEDA licenses, and we are government approved electrical contractors. - Company is debt-free and owned by 3 partners in equal partnership. - Promoter has more than 7 years of experience in this field.