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  3. Maharashtra
  4. Pune
  5. SL028308
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Dormant SPM Automation Biz Raising Funds For Revival In Pune

Listing ID: SL028308
Posted By: Owner
Last Active: 2+ months ago
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About Business

The company works in the design and development of Special Purpose Machines (SPM), along with jigs and fixtures for manufacturing units. It also undertakes end-to-end design and fabrication of customized SPM solutions based on client requirements.

Background

The business was started three years ago and was operational in its initial phase. However, due to limited funding and working capital constraints, activities slowed down and have remained largely inactive for the past 18 months. The founder is now looking to restart and stabilize operations.

Revival Plan

The immediate focus is to manufacture and market a Pick-and-Place mechanism designed specifically for MSMEs. The product aims to help small manufacturers improve production capacity, reduce dependence on manual labor, and bring greater consistency to their processes.

Investment Requirement

The founder is seeking a small investment to revive the business, complete product development, and begin production and sales. The goal is to re-enter the market with a practical automation solution and gradually build a steady and sustainable engineering business.

Clientele type

Manufacturing companies looking to implement new processes or upgrade their existing systems will be the primary clientele.

Premises

The design work is handled in-house, while manufacturing is outsourced to vendor facilities.

Asking Price Includes

The terms of the transaction will be discussed with the potential investor.

Asking Price

INR 6.00 L

Minimum ticket size

INR 6.00 L

Reason

The initial cost covers raw materials for the mechanism, along with the programmer’s fees required to commence operations. To move forward with the revival and launch, the founder is seeking investor support.

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Business Tags

Dormant SPM Automation Biz Raising Funds For Revival In Pune

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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