Wires and Cables Businesses for Sale and Investment Opportunities in Bangalore

Situated in Bangalore, the business is set to enter the lucrative wires and cables industry with a specialized focus. - The venture aims to serve high-demand sectors such as defense and healthcare with tailored solutions, including specialized insulated cables and fiberglass. - Business registration is underway, with manufacturing operations expected to begin within 9 to 12 months. - The business anticipates achieving a substantial turnover of INR 80 crore over the next five years, indicating strong growth potential. - The proprietor brings relevant industry expertise and valuable connections to drive the business forward.

Situated in Bangalore, the business is a leading manufacturer in the wire and cable industry, specializing in LV copper power cables up to 1.1KV, along with a variety of cables and wires, including UL products, power cables, copper, LME, aluminum, XLPE, PVC, and more. - With an annual revenue of INR 200 crores and a profit of 5 crores, the company shows solid financial performance and stability. - Strong customer base and distribution network have been established, serving 10 major clients and numerous dealerships all over India. - Raw materials for production are sourced from HINDALCO Industries Limited, Mumbai ensuring a reliable supply chain for manufacturing operations. - With over 15 years of industry experience, the promoter has received excellence awards, showcasing strong leadership and expertise in the field. - The business employs 200 people in quality testing, sales, administration, and finance to ensure smooth operations. However, since it operates in the manufacturing sector, it also outsources labor as needed. - Committed to delivering products and services that exceed customer expectations, the company reflects a strong dedication to quality and customer satisfaction. - Pursuing pre-IPO investment presents an opportunity for investors to engage in the growth and expansion of a well-established wire and cable manufacturing enterprise. - The company was originally established in Coimbatore, Tamil Nadu, where it still has its manufacturing units. As the business grew, it relocated its operational office to Bangalore. - The company holds all the required registrations, including GST registration, a trade license, and incorporation documents.

BIS-certified (ISI mark) cable manufacturers in Bangalore. - The production capacity of the unit is 3,000 meters daily but currently, we are utilizing 10% of the manufacturing capacity. - We supply our products to 25 clients pan Karnataka. - The promoter has 40 years+ of experience in electrical switchgear.