Hold

Products/Service

Home Appliances, Automotive Parts

Clientele Type

Mahindra Electric, Stovekraft, Otis Elevator, Amirtaa (Minit Engg).

Premises

Direct, references

Asking Price Includes

will be discussed with the Investors

Reason

raise funds

Other Details

This Sole Proprietorship business is operational since 2017. Currently, they are manufacturing Gas Stove Body for a Home Appliance Industry. Manufacturing between 2000 to 3000 gas stove body per month.
They have a confirmed order to manufacture Elevator parts.
They are in discussion stage to manufacture electric bike parts for an Automotive Company.
They have tie ups with 100 plus associated partners from India and China.
They have 10 Presses with Projection welding machines.
Premise rent is INR 81,000.
Turnover 2018-19 was INR 40 lakhs and Projected turnover for 2019-20 will be INR 1.2 Cr.
They are looking to raise INR 1 Cr.

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