India Leading Elevator Manufacturing, Installation and Maintenance Company Looking for Exit
Product / Service
It is an ISO 9001-2008 Company also having KVQA Certification and their elevators also comply with Karnataka Lift Inspectorate Department from Government of Karnataka. The Company has strategic tie-ups with some of the best OEM companies (mostly from Germany) around for material sourcing. The product-line has been standardized and follows EN81 standards and Norms.
Portfolio: The Company has around 1000+ elevators in its portfolio & has retained 98% of them on its maintenance portfolio. Its expertise lies in; high-rise, mid-rise and low-rise passenger elevators, freight elevators and dumbwaiters.
The company also deals in customization of products to different elevator shafts which help in achieving maximum floor spaces to architects and developers.
Clientele: It directly supplies to end customers. Their Clientele consists of prominent builders, banks, and industrial corporations. The products are cost-effective (highly efficient) compared to the multinational companies.
The biggest ASSET is built mostly on client references and repeat customers. It uses serial based controllers in their elevators which help in retaining the customers on maintenance portfolio. The AMC business has gone up by 23% in the year 18-19
Financials:
USP: Completely Zero-Debt company
Revenue for:
FY 2014-15: INR 5.20 Cr.
FY 2015-16: INR 7.12 Cr.
FY 2016-17: INR 8.20 Cr.
FY 2017-18: INR 11.27 Cr.
FY 2018-19: INR 14..87 Cr.
Watch Video Clip for this Listing.
Clientele type
Construction companies, Residence builders, contractors, etc
Premises
Expertise in Passenger Elevators
Asking Price Includes
Clientele, Network, goodwill, competent team, ongoing projects, etc.
Reason
Personal
Other Details
Company has grown at a CAGR of 30% in last 4 years
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Share your ProposalYou may also like
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works