Looking for Partner for Expansion of Solar Business based in Ahmedabad

Listing IDBB001822 Ticket Size1-2 Crore Last Year TurnoverINR 1,00,00,000 Verification Status Pending
  • Looking for Partner for Expansion of Solar Business based in Ahmedabad

Business Details

Ahmedabad based company established in 2011 mainly engaged in contracting work for Solar Power projects. In Solar Power projects their work includes from Civil Foundation, Structure and Transformer Installation, DC Cabling to Power Termination. The company operates in Madhya Pradesh, Chhattisgarh, Uttar Pradesh and few more states. The business has a staff strength of more than 100 people of which some are on contractual basis. Up till now they have installed 70 MV. Their clients list include L&T, Wellspun, Tatas, Jackson Power, Government of Gujarat, Airport Authority and many more.
The company has steady sales growth with year on year profitability. They want to expand their business PAN India. To implement this they are looking for INR 2 crores investment by forming partnership with the investors. The company's last year's turnover is INR 1 Cr.

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views1373 Buyers Contacted28
IndustryUtilities & Energy (Other) LocationAhmedabad
Business TypePartnership Started in 2011
Transaction TypeInvestment Last Active1 month ago
ReasonInvestment requirement for expansion plans

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Verification of the listing does not imply that Asking price reflects the valuation of the business

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