Hold

Products/Service

It is a Kolkata based business initiated in the year 1976 and since then the company has been steadily growing. Currently, the main business of the company is manufacturing and distribution of power transformers. In the year 2009 it got converted into a private limited company. Their major clients are few state government Electricity Boards, L&T, Cement Factories, Cold Storages, Tea Gardens, Paper Mills, Housing Complexes and Shopping Malls. Their products are tested and certified by government approved laboratories and state electricity boards. The total land area the unit covers is around 6000 sq. ft. (rented) and total built-up area of the factory premises is around 5000 sq. ft. The business can be shifted anywhere in India. The company would like to sell 85% of the equity (negotiable). The owners are also ready to provide hand holding and marketing support to increase the orders received. It is a lucrative opportunity for the buyer as the company has very good credentials and the buyer can take the company to the next level immediately. Last financial year's turnover was around INR 6.5 crores. Asking Price: INR 4 crores.

Reason

Active director would like to retire.

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