Door Manufacturing Business Raising Funds In Bangalore
About Business
The business is engaged in the manufacturing of interior doors, specializing in solid door frames and engineered door frames. Its products are supplied primarily to builders, hospitals, schools, colleges, and other institutional customers.
Established in 2007, the business initially operated in the timber processing industry, manufacturing customized timber pieces before diversifying into door manufacturing. It is a third-generation family business, with the current promoter actively managing operations for the past eight years.
The manufacturing facility has a production capacity of approximately 300 doors per day and generates an average monthly revenue of around INR 75 lakh. In addition to manufacturing, the business is also engaged in laminate trading, enabling it to cater to a broader range of customer requirements.
The business currently operates from a leased manufacturing facility spanning approximately 45,000 sq. ft. It had previously operated from its own premises, which are presently undergoing renovation.
The promoters are seeking to raise between INR 5 or INR 15 crore through equity investment to support the business's expansion and growth plans.
Clientele type
They supply to builders, contractors, construction companies, schools, hostels, colleges, and hospitals.
Premises
The premises are leased.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 15.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
They are raising funds to further scale the business.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
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