1. Businesses
  2. Manufacturing
  3. Gujarat
  4. Ahmedabad
  5. SL018671
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AC/DC EV Charger Manufacturer Raising Funds In Ahmedabad

Listing ID: SL018671
Posted By: Owner
Last Active: 6+ months ago
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About Business

They are involved in the manufacturing of AC EV charger controllers, AC EV chargers, DC EV chargers, and low voltage DC EV chargers.

Clientele type

They are involved in the manufacturing of AC EV charger controllers, AC EV chargers, DC EV chargers, and low voltage DC EV chargers.

Premises

LEASED

Lease per month (in INR): 49.88 K

Security Deposit (in INR): 2.00 L

Carpet Area: 3,000 sq ft

Asking Price Includes

They’re offering two distinct ways to raise funds:

Equity Dilution:
Equity in exchange for an investment of up to INR 5 Crore.

Debt:
12% interest rate on the debt.

Asking Price

INR 5.00 Cr

Minimum ticket size

INR 1.00 Cr

Reason

The promoter aims to raise funds to cover expenses related to inventory management, certification, research and development, patent and intellectual property creation, plant expansion, and other business needs.

More Details

They started this business in 2022 and have a total staff of 10. They design and manufacture their own PCBs and produce 100% Make in India EV chargers with 90% localized components. Their proprietary AC EV charge controller delivers up to 80 kW of AC power. They have delivered over 1,500 EV chargers and components to clients in India, Benin, Togo, Rwanda, and Thailand. They are India's first manufacturer of low voltage DC chargers and have successfully delivered over 170 LVDC chargers to date. They have an order pipeline of around INR 9,00,00,000 for this financial year, with a target of nearly INR 12,00,00,000.

Keywords

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Business Tags

ACDC EV Charger Manufacturer Raising Funds In Ahmedabad

₹10 to ₹200 Cr

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