Retail Hardware Store Raising Funds In Chennai
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About Business
The business was established in 2012 in Chennai and operates as a leading supplier and wholesaler of electrical products and accessories.
It is a sole proprietorship entity headquartered in Chennai, Tamil Nadu, engaged in the wholesale supply of power stabilizers, voltage stabilizers, electrical wires, underground armoured cables, and electric power cables. The company also markets its own branded electrical products, including stabilizers, cable ties, nail clips, wires, cables, and a wide range of electrical accessories. In addition, it deals in several reputed electrical brands such as Orbit Wires, Polycab, Finolex, and other well-known manufacturers.
Clientele type
The client base primarily consists of retail customers, with approximately 250–270 regular customers currently supported.
Premises
The business operates from three premises, including a retail outlet and godown facilities.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
The owner is looking to raise funds to expand the customer base to around 600 customers by the financial year 2026–27. The proposed funding will be utilized for inventory buildup to meet increased demand and to strengthen working capital.
More Details
The business employs a team of 11 people.
Keywords
Business Tags
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
