Solar Products Business for Sale in Kunigal, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | General Partnership |
Reported Sales | USD 170 thousand |
Run Rate Sales | USD 170 thousand |
EBITDA Margin | 5 % |
Industries | Solar Products |
Locations | Kunigal |
Local Time | 2:31 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Started by a retired scientist from CPRI (Central Power Research Institute), we are into the manufacturing of solar water heaters.
- Manufacturers of solar water heaters of various types based on the requirements for the following sectors:
1) Residential.
2) Commercial and.
3) Industrial sectors.
- The manufacturing capacity of the unit is 50 units per day but the current utilization is 10 units a day.
- Currently supplying to over 30 wholesalers and retailers.
Models of solar water heaters being manufactured now:
ETC models with 58*1800mm size with three-layer evacuated vacuum tubes.
Inner tank:
- SS 304L.
- SS 316.
- Polymer.
- Glass line enamel coated.
- GI with Nano Silicone coated.
Outer tanks:
- Powder-coated GI.
- Stainless Steel.
Capacity:
100LPD, 150LPD, 200LPD, 250LPD and 300LPD.
Tangible- stock worth INR 80 lakhs, machinery used for the manufacturing of solar water heaters like ss tank, and assembling unit.
Intangible- Client base of distributors, GST credits accumulated and other deposits.
Advance paid: Rs. 5.0 lakh for the land.
Rent: 35,000 per month for the land.
The building is constructed by us by leasing the land located in the south of the city.
Total area: 0.5 acres (21,780sft)
Built-up area: 17500 sqft.
- Currently funded through personal money from the founders and loan of INR 1 crore from Karnataka bank.
- The company is owned by a single family and has one OD facility of INR 60 lakhs.
- The loan will be carry forwarded to the buyer.
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Earlier than 15 daysGM Corporate, Renewable Energy, New Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Advertising, Hassan, Individual Investor / Buyer connected with the Business