Arms and Ammunitions Business for Sale in Pune, India

-Pune-based DIPP-approved startup jointly developed innovative patented product in collaboration with DRDO.

-The company is incubated under the MeiTy startup program and has obtained a government grant from MeiTy.

-The product is indigenously developed and the only made-in-India product in this category.

-We have obtained a technology license from DRDO for manufacturing, sales, and further development for a period of 10 years on a renewable basis.

-Potential customers include Indian Army, State Police forces, CRPF, SPG, ATS, and various government and private security agencies.

-More than 5,000 tests have been conducted on the product.

-The product has undergone field trials with the Indian Army, Telangana State Police, Maharashtra ATS, J&K State Police, and CRPF.

-Indian Army has reviewed the product extensively and raised an RFP with an initial order value of up to INR 40 lakhs as a pilot project with subsequent bigger orders post-initial usage.

-Promoters have more than 25 years of experience in the domain of electronics, computers, and mechanical engineering.

-The company was not operational for 1.5 years due to Covid and subsequent semiconductor unavailability issues.

-The business has the potential to resume once semiconductor availability normalizes.

-All vendors for raw materials have been identified and engaged at various levels.

-Relevant manufacturing tools, including dies and mold, are available for mass production.

-Technical collateral, including product manuals, are ready.

-Sales and marketing collateral are ready, including brochures, online videos, and presentations.

-GeM portal registration for the product is done.

-Next stage development plan is in place.

A handheld trace explosive detection device that is used for bulk and trace explosive detection. It can identify pure explosives and trace explosives in mixtures/ IEDs/ contaminants. The device is designed for laboratory and field conditions and can reliably identify various explosives in solid and liquid phases. The testing is done in our facility but we have third-party manufacturing.

Physical assets include product mold and dies for mass production.

Intangible assets include DRDO technology transfer license for sales, manufacturing, and further development, IP access, including software source code and hardware design files.

The development and manufacturing unit are currently operated within the premise of a startup incubation center.

This is a self-funded business with no liabilities/debts/loans. We are four partners with equal ownership. 1% of the equity is with the incubation center. The company received a government grant of INR 7 lakhs.