Auto Component Company Investment Opportunity in Bangalore, India

- We are manufacturers of wiring connectors & terminals for the automotive & aerospace sectors.

- 47+ business customers which includes leading OEMs (Domestic and International), Tier1 customers etc.

- Promoters have 14+ years of experience in the industry.

- The key employees have 25+ years of experience in multinational companies.

- The company has received multiple recognition and awards from the state govt and central govt.

- Awards include the Ministry Of Electronics and Information Technology award in 2021 and the Department of Information Technology award in 2022.

- We witnessed a high growth rate this year due to new clients in the public and private sectors primarily from the automotive space.

- Manufacturers of wiring connectors & terminals for automotive & aerospace, board-to-board & board-to-wire connectors for consumer electronics.

- Wiring connectors are used in cable harnesses and assemblies, and board-to-board and board-to-wire connectors are used in PCB boards.

- Our clients are primarily from the automotive, kitchen appliances and aerospace industries in India.

Tangible assets include:

Modern production machinery and quality equipment mainly injection moulding, and high-speed stamping machines imported from the US, Japan, Switzerland, China and Taiwan.

- Leased premises of 8,000 Sqft built-up area, single floor.

- 8-year lease and the rent per month is INR 70,000.

- The company is currently funded with angel investors' equity capital.

- The company started with a promoter's investment of 20 Lakhs. Later on, the company raised equity capital from investors.

- As of date, the investor's capital is INR 8.2 Cr.

- In addition to this INR 3cr debt from the bank. Oustanding amount is INR 2.2cr and the interest is 12.7% p. a.