Radiators Company Raising Funds In Chennai

About Business

The product line for this business includes:



1. Radiator Assemblies & Cores
- Lorries, Buses, Trucks
- Tractors
- Cars, including A/C radiators
- Imported car radiators
- Vans, Cranes, Generators

2. Specialized Radiators & Heat Exchangers
- Industrial radiators
- Heat exchangers for various applications
- Agricultural engine radiators
- Oil coolers

3. Heat Exchangers for Specific Engine Brands
- Cummins
- Caterpillar (CAT)
- Other industrial and agricultural engines

4. Services
- Sales of new radiators and heat exchangers
- Overhauling and repairs of all types of radiators
- Maintenance of industrial and automobile cooling systems

This business serves multiple industries, including automobile, industrial machinery, construction, agriculture, and power generation.

Clientele type

The business serves a diverse clientele, including major companies such as L&T, Cummins, CAT, Young Brand, Schwing Stetter, Tagros, Reliance Industries Limited (RIL), John Energy, and Sterling Gensets. These clients span industries like construction, heavy machinery, energy, and manufacturing.

Premises

LEASED

Lease per month (in INR): 10.50 K

Security Deposit (in INR): 7.50 L

Carpet Area: 250 sq ft

The business operates with a 1050 sq. ft. facility for storage and distribution. It has partnered with a factory in Bangalore for radiator production and another factory in Chennai for manufacturing heat exchangers, intercoolers, and oil coolers. Additionally, the company has expanded into import and export operations.

Asking Price Includes

A 10% equity share is included as part of the transaction, with the allocation proportionate to the size of the investment.

Asking Price

INR 2.00 Cr

Minimum ticket size

INR 55.00 L

Reason

The company would opt to acquire an existing setup rather than establishing our own manufacturing unit, while focusing on expanding marketing efforts and supply chains to capture a broader market reach.

More Details

It has a team of nine experienced engineers handling labor, fitting, and service work in Chennai, while partnered factory staff manage the manufacturing of radiators and oil coolers. With a strong legacy in the field, the business has been passed down through generations, starting from the founder's grandfather to his father, who played a crucial role in building it from the ground up. With over 45 years of industry expertise, the company is supported by highly trained and qualified personnel, ensuring prompt and reliable service. National Radiators Group is recognized as a leading assembler for automobile and industrial radiator assemblies and cores.