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Automotive Systems Company Investment Opportunity in Pune, India

CNC manufacturing company seeking foreign Joint Venture for their products in India.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 7 million
Run Rate Sales USD 12 million
EBITDA Margin 12 %
Industries Automotive Systems + 1 more
Locations  Pune
Local Time 1:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Partial Stake Sale
USD 0 for Undisclosed stake
Reason: We are looking for a foreign manufacturer who wants to enter the Indian market with their products. ... View More
Includes physical assets worth USD 3.6 million
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Business Overview

- Business is looking for foreign manufacturers who want to enter the Indian market, we will manufacture and also take care of the distribution of their product,

- There will be no monetary investment in this business as we are looking to joint venture with a foreign manufacturing entity. The profit division of the manufacturing product can be discussed post-introduction.

- Reputed ISO-certified company in Pune that has been operational for 15 years (with 30 years of field experience)

- We have 3 facilities out of which, both the Pithampur & Pirangut plants are ISO 9001:2015 & IATF 16949 certified. In the case of the Talegaon plant, being recently operational, we have just applied for certification.

- Have won enormous awards from our OE clients for being the best supplier.

- We also have top-of-the-line imported machinery set up to produce the best products.

- Have ISO, and TS certifications for our plants.

- Have 15 clients and 8 of them are OEMs.

- 70% of our clients are from the automotive sector and 30% are general industry.

- Some of our key clients are over 7 major OEMs in India.

- The company has a loan of INR 18 crore from banks.

- Business is completely family-owned.

* Company profiles highlighting each plant's details, list of machines & testing equipment installed. Our range of products, plant-wise, broadly is, as follows:

* Plant 1 (Pithampur) -

Engine cylinder blocks - 7 models are being supplied in bulk quantities to a CV OEM. We have dedicated lines with an installed capacity to produce & supply 5,000 nos/month.

Engine Cylinder Heads - 6 models are being supplied in bulk quantities to a major OEM, a Commercial Vehicle manufacturer. We have dedicated lines with an installed capacity to produce & supply 5,000 nos/month.

Steering knuckles/stub axles - 15 models are being supplied in bulk quantities to major Commercial vehicle manufacturers. We have dedicated lines with an installed capacity to produce & supply 10,000 nos/month.

* Plant 2 (Pirangut) -

Steering Knuckles / Stub Axles - 6 models are being supplied in bulk quantities to over 4 OEMs in India. We have dedicated lines with an installed capacity to produce & supply 15,000 nos/month.

Tractor Spindle assemblies- 12 various assemblies are being supplied in bulk quantities to domestic and UK markets (export). We have dedicated lines with an installed capacity to produce & supply 10000 nos/month.

* Plant 3 (Talegaon) -

Crank cases – V-Type (6, 8 & 12 cylinders) & Inline (3 & 4 cylinders) models will be supplied in bulk quantities to a generator manufacturer in Pune. We have dedicated lines with an installed capacity to produce & supply 120 nos/month.

Connecting rods – 3 models will be supplied in bulk quantities. We have dedicated lines with an installed capacity to produce & supply 5,000 nos/month.

- The reason for our high growth in sales is because of the establishment of our new plant which has increased our sales by not hiring any new employees.

Products & Services Overview

One of the leading medium scale manufacturers of fully machined parts, sub-assemblies and assemblies for auto & non-auto sector applications. Some of the parts we produce are engine cylinder blocks, engine cylinder heads, steering knuckles, tractor spindle assemblies, crankcases, connecting rods.

Assets Overview

Over 300 CNC machines and equipment, three factories along with land (two in Pune and one in Indore).

Facilities Overview

We have 3 owned factories (two in Pune and one in Indore). Each has a sq ft of 80,000, 40,000 and 35,000 respectively. Please refer company profile for more details.

Capitalization Overview

We currently have banks funding us and are ready to fund us more if necessary. We currently are a family owned business.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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