Machine Tools Company Investment Opportunity in Vadodara, India

- We intend to start manufacturing precision tooling and industrial cutting equipment.

- The promoters together have nearly 60 years of experience in the industrial tooling space.

- We will be manufacturing several types of cutting tools, carbide drills, and diamond-tipped tools.

- Have already acquired a 10,000 sq. ft. industrial plot to set up the factory.

- At present, the plot is being leveled and we have secured the construction permit.

- We are in the the process of securing an industrial electrical power line and other utilities.

- Construction is expected to commence soon after and is estimated to be completed in 3 months.

- Production would start in 3 months after the construction is completed.

- We have also placed orders for around INR 1.5 cr. of manufacturing equipment for which we have paid an advance of 25%

- The total capacity of the plant is expected to be 4,000 units / month.

- The plant is situated in an industrial area populated by several auto ancillaries including Hero Motor Corp.

- These auto ancillaries are our primary target customer base.

- The estimated gross, EBITDA and net margins are 60%, 25%, and 16%

- The physical assets currently owned by the business is the land.

Cutting tools, carbide drills, diamond-tipped tools.

Owned industrial plot of 10,000 sq. ft. Construction is yet to begin on the premises.