Electric Cables & Wire Mfg Biz Raising Funds In Ahmedabad
About Business
Based in Ahmedabad, India, this company is engaged in the manufacturing of electrical cables and wires, offering a wide range of products from 0.5 sqmm to 300 sqmm. Certified with BIS, ISO, and CE, the company supplies its products to domestic, government, private, and industrial sectors across India, along with export operations.
In the past eight months, the business has achieved a turnover of ₹2 crore, maintaining a profit margin between 7% and 15%. The facility includes a sales office, a laboratory, and a fully functional manufacturing area.
Clientele type
The client base comprises pump manufacturers, lift manufacturers, arcade game manufacturers, and traders.
Premises
LEASED
Lease per month (in INR): 75.00 K
Security Deposit (in INR): 2.50 L
Carpet Area: 12,000 sq ft
The business operates from a rented premises spanning 12000 sq. ft.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
The owner is looking to raise funds with the aim of expanding export activities and is specifically looking for an investor from Africa or someone with strong business connections in the African market.
Licenses
ISO
More Details
The business is managed by two directors—siblings—supported by a team that includes a factory manager, accountant, production manager, lab assistant, and other operational staff, totaling 15 employees.
Keywords
Business Tags
₹10 to ₹200 Cr
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