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Electrical Vehicles Business Investment Opportunity in Pune, India

Electric vehicle manufacturing company building electric three wheelers seeks investment.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 170 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 10 - 20 %
Industries Electrical Vehicles
Locations  Pune
Local Time 4:47 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 30.0% stake (Native Currency: INR 50,000,000)
Reason: For scaling up the operations and sales. Funds will be utilized in 1 and half years for: - Working... View More
Includes physical assets worth USD 110 thousand
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Business Overview

- Company has been working in the automotive sector for the last 5 years with a considerable contribution to automotive education, consulting, and customized vehicle development.

- 400+ vehicles are running on the road successfully without any breakdowns.

- Has a presence in the 4 states of India with 3 distributors and respective dealer networks.

- Trusted branded amongst Intra-city logistic companies in India for their quality products as well as after-sales services.

- Our clients include food production and distribution companies, FMCG companies, and logistic giants like VRL logistics, Patanjali, Nanded City Pune, Hitachi ATM, LKD, Dhyas India, Army Cantonments, Navy Dockyard, Air force stations, and other defense departments.

- We have recently developed one project with IIT Bombay for MoPR (Ministry of Panchayat Raj). The project is for the Indian rural economy development and employment generation through the Smart E Vending Cart.

- We have recently developed projects for the Defence Sector.

- Our sales have increased since we have partnered with more distributors.

Products & Services Overview

We Manufacture 2 models.

- Passenger E Rickshaw.

- Load Carrier.

Customize defense orders.

Further, E-LCV and some models are been designed as future products.

Assets Overview

Stock worth INR 80 lakhs, certificates, state approvals, software, furniture, customer base.

Facilities Overview

We are operating in 3,000 Sq. ft area. It is rented and is located in the south of the city.

Capitalization Overview

- There are 4 shareholders in the company. Combinedly invested INR 65 lakh till the date.

- Company has taken up to INR 2.5Cr unsecured loans from banks.

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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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