8 / 10
 Bangalore

Award-winning manufacturers of wiring connectors & terminals for automotive & aerospace industries, 47+ business customers.

Key Business Facts
Yearly Sales USD 800 thousand
EBIDTA Margin 10 - 20 %
Industries Electrical Component
Locations  Bangalore
Business Overview
- 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.
Products & Services Overview
- 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.
Capitalization Overview
- 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.
Assets Overview
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.
Partial Stake Sale
USD 1.1 million for 10.0% stake (Native Currency: INR 90,000,000)
Reason: - Need funds to fulfil high rate of orders from automotive, kitchen appliances and aerospace industr... View More
Includes physical assets worth USD 700 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business