Business Overview
- Manufacturing capacity is 30,000 pieces monthly.
- We procure the raw materials (PPCP) from IOCL and other government companies.
- Currently supplying to 3 clients who are OEMs.
- We possess a BIS certificate and a GST certificate.
- The promoter has 10 years of experience in this industry.
- The sales have increased significantly since the product sales have increased.
Products & Services Overview
Manufacturer of kid's ride-on, battery-operated cars, and tricycles.
Capitalization Overview
- One owner.
- Business has no loan.
Assets Overview
Tangible assets include 9 machines (molders and high-plan) and 200 molds.
Partial Stake Sale
USD
360 thousand
for
20.0%
stake
(Native Currency: INR 30,000,000)
Reason: Need funds for marketing and branding and to increase production.
Includes physical assets worth
USD
800 thousand
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