1. Businesses
  2. Manufacturing
  3. Tamil Nadu
  4. Chennai
  5. SL035441
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Elevator Manufacturing Business Raising Funds In Chennai

Listing ID: SL035441
Posted By: Owner
Last Active: 4 days ago
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About Business

Product Type: Product

Production Scale: Medium

The business manufactures elevators under its own brand. They manufacture the body, source the other parts, and assemble the complete lift.

They have offices across Karnataka, Tamil Nadu, and Saudi Arabia; they also have distributors in other Arab countries.

Growth Trajectory (YoY) : 75%

The founders have 30 years of experience in total in this field. One of the founders sits in the Saudi Arabia office, and the other founder sits in Chennai.

Clientele type

They cater to residential and commercial spaces in India and the Arab region.

Premises

OWNED

Premise Size: 10,000 sq ft

Market Value (in INR): 2.00 Cr

What’s on offer

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

Asking Price

INR 5.00 Cr

Minimum ticket size

INR 2.00 Cr

Reason

Increase production / capacity

Inventory management

Hire & strengthen the team

Franchise / network expansion

Licences

Udyam / MSME Registration

Keywords

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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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  • Amount of additional investment that will be required to grow business
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    • Will the clients continue with the business after the acquisition?

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