Profitable Electroplating Business Raising Funds In Chennai
About Business
Established in 1984 and located in Chennai, this business specializes in electroplating on plastic (POP), catering primarily to white goods, sanitary ware, and automobile applications.
The company manufactures high-quality electroplated plastic components, including fridge handles, washing machine parts, and sanitary ware fittings. Over the years, it has built strong relationships with prominent multinational clients such as Samsung, Roca ParryWare, Hyundai, Nissan, Kostal, Uno Minda, Preethi, Butterfly, Ashirvad, and Water Science, showcasing its credibility and expertise in the industry.
With more than 40 years of experience, the business has earned a strong reputation for reliability and quality. Its revenue model is driven by the production of electroplated plastic parts, meeting the growing demand from white goods and automobile manufacturers.
Clientele type
Its clientele includes leading brands such as Samsung, Roca ParryWare, Hyundai, Nissan, Kostal, Uno Minda, Preethi, Butterfly, Ashirvad, and Water Science, reflecting its strong industry reputation.
Premises
OWNED
Premise Size: 7400
Market Value (in INR): 14.00 Cr
The company owns its premises, consisting of a ground floor plus two additional floors, with a total area of 7,400 sq. ft.
Asking Price Includes
The promoter is willing to offer up to 35% stake in the business, depending upon the investment.
Asking Price
INR 9.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
The promoter is looking to raise funds to establish another automobile plant and to meet working capital requirements.
More Details
The company operates with a skilled workforce of 60 employees, leveraging technical expertise and deep industry knowledge to consistently deliver superior products and services.
Keywords
Business Tags
₹10 to ₹200 Cr
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