9.9 / 10
 Noida

360 degree solar photovoltaic group with a semi automatic 80MW manufacturing facility in Kangra.

Key Business Facts
Yearly Sales USD 600 thousand
EBIDTA Margin 8 %
Industries Solar PV Systems
Locations  Noida
Business Overview
- Served more than 10 clients including Kirloskar, Plaza Solar etc.
- The factory was commissioned very recently and did sales of INR 80 lakh last year.
- We are incubated at IIT Mandi and IIM Calcutta and have business relations with Kirloskar, Sterling n Wilson, Priyagold, NTPC, SAIL, Eastman Solar etc.
- We have a separate RnD unit under which we design, innovate and market new-age solar products which are being sold to Indian Army, Indian Railways, CSIR research labs, BARC, ISRO etc.
- We have more than 7 years of solar industry experience as our other unit was doing solar EPC for giants like Neolite Industries, SAIL, Haryana police, NHPC, Airport Authority of India, BSF, NALCO etc.
- The business has sold units worth INR 1.45cr to date.
- The business has 5-6 active clients.
- We have an annual production capacity of 80MW per annum which can produce a revenue of INR 200cr.
- The business is registered in Kanpur, but it is headquartered in Noida housed in a corporate building at a prime location.
Products & Services Overview
Solar panels.
Solar panel OEM service.
Semi-flexible solar panels.
Capitalization Overview
There is a term loan of INR 1.34 crore from Canara Bank and an INR 40 lacs working capital loan from the same. We also have 58 lacs OD limit from Canara Bank and a 40 lacs loan from Shri Ram Housing Finance.
Assets Overview
20,000 sq ft factory land and building of INR 2 crore. 1,100 sq ft corporate office in a corporate tower at prime location in Noida worth of INR 1 crore. Motorbikes of INR 1 lakh. 80MW automatic solar panel manufacturing line of INR 2.5 crore. BIS and other certifications for solar panels and solar products of INR 20 lakh. Trade mark of our brand name with a market value of INR 50 lacs. Raw material of INR 10 lakh. Finished stock of INR 4 lakh. Tools, tackles and trolleys, lifters of INR 5 lakh. Office equipment including computers, networking, and surveillance of INR 20 lakh. HVAC equipment of INR 3 lakh. Labour quarter of INR 2 lakh.
Full Sale
Asking Price: USD 800 thousand (Native Currency: INR 70,000,000)
Reason: The owner wants to relocate.
Includes physical assets worth USD 700 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business