1. Businesses
  2. Healthcare & Pharmaceuticals
  3. Chhattisgarh
  4. Raipur
  5. SL015933
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Pharma Distribution Company Raising Funds In Raipur

Listing ID: SL015933
Posted By: Owner
Last Active: 1+ year ago
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About Business

They are a distributor company dealing in cardiac implants and sale of refurbished diagnostic machines.

Clientele type

They have a network of 340 hospitals and doctors. They are reaching out to under construction hospitals in the state to boost sales of their diagnostic machines.

Premises

LEASED

Lease per month (in INR): 15.00 K

Security Deposit (in INR): 50.00 K

Carpet Area: 500 sq ft

Asking Price Includes

The terms of transaction can be discussed with potential investors.

Reason

They are looking to expand their presence in the refurbished diagnostic machines market.

More Details

They've established a strong presence in central India, strategically deploying their sales team across neighboring states. Additionally, they've set up a branch office in Nagpur. Notably, their recent venture into selling refurbished diagnostic machines in Chhattisgarh has yielded impressive sales figures, a remarkable feat for a company with only three years of operation.

In their initial fiscal year, FY2020-21, their sales amounted to INR 60 lakhs. Subsequently, in FY2021-22, they marked a substantial growth, reaching INR 1.7 crores. Impressively, in the following fiscal year, FY2022-23, they surged past INR 2.42 crores in sales. Looking ahead, their projected sales for FY2023-24 are expected to exceed INR 4 crores, highlighting their remarkable trajectory of growth.

Keywords

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Business Tags

cardiac care Pharma Distribution Company Raising Funds In Raipur

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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