Electrical Vehicles Business Investment Opportunity in Visakhapatnam, India
Visakhapatnam based electric vehicle manufacturing with customised range and fireproof batteries seeking partnership.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 142 thousand |
| Run Rate Sales | USD 213 thousand |
| EBITDA Margin | 15 % |
| Industries | Electrical Vehicles |
| Locations | Visakhapatnam |
| Local Time | 8:56 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
29.6 thousand
for
10.0%
stake
(Native Currency: INR 2,500,000)
Reason: The owner is seeking a strategic investor to facilitate business growth and enhance scalability. Add...
View More
Includes physical assets worth
USD
83 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Our unique selling proposition (USP) is the provision of a customized range for any brand of electric vehicles, along with the conversion of existing vehicles into electric or hybrid models.
- We are manufacturers of electric cycles and automobiles.
- We have a diverse portfolio of 20 models available.
- Our products are suitable for both commercial and personal use.
- - We operate on an orderly basis, and on average, we sell 500 units monthly.
- We have an OEM partnership for battery supply.
- Our services include maintenance and the provision of spare parts for any brand of electric vehicles.
- We are compliant with GST regulations.
- We are manufacturers of electric cycles and automobiles.
- We have a diverse portfolio of 20 models available.
- Our products are suitable for both commercial and personal use.
- - We operate on an orderly basis, and on average, we sell 500 units monthly.
- We have an OEM partnership for battery supply.
- Our services include maintenance and the provision of spare parts for any brand of electric vehicles.
- We are compliant with GST regulations.
Products & Services Overview
Our top-selling products include electric scooters, fireproof lithium batteries, and chargers. Additionally, we offer services such as vehicle repair and maintenance, as well as the conversion of petrol/diesel vehicles to electric. These offerings reflect our commitment to quality and sustainable transportation solutions.
Assets Overview
Physical assets owned by the business include:- Land and factory spanning 2,000 square feet, valued at INR 35 lakhs.
- Inventory of vehicles valued at INR 35 lakhs.
Facilities Overview
The business operates its manufacturing from a self-owned factory in Visakhapatnam. Additionally, it has established tie-ups with seven branded showrooms locally to facilitate the sale of its models.
Capitalization Overview
The business is owned by a single owner.There is an INR 20 lakh overdraft which is being utilised.
Recent Activity
-
3 days, 21 hours agoRM- SME, SBI (State Bank of India), Visakhapatnam, Bank connected with the Business
-
6 days, 9 hours agoPartner, Industrial Machinery, New Delhi, Individual Investor / Buyer connected with the Business
-
1 week, 1 day agoBusiness Analyst, Financial Services, London, Individual Investor / Buyer connected with the Business
Tags:
Electrical Vehicles Business Investment Opportunity in Visakhapatnam, India
·Invest in Electrical Vehicles Business in Visakhapatnam, India
·Electrical Vehicles Business Investment Opportunity in Vizag
·Electrical Vehicles Business Investment Opportunity
·Invest in Electrical Vehicles Business in Vizag
·Investment Opportunity in Visakhapatnam, India
·Invest in Electrical Vehicles Business
·Investment Opportunity in Vizag
·Invest in Visakhapatnam, India
·Invest in Vizag
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors contacted this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 115,000+ other businesses of all sizes.
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.
You might also be interested in these businesses