Mfg of Raw Materials for Intraocular lenses Raising Funds
About Business
Manufacturers of raw materials for Intra-Ocular Lenses & Contact Lenses.
Clientele type
They mainly supply raw materials to manufacturers of Intra-Ocular Lenses and Contact Lenses.
Premises
They have set up a sound infrastructure facility, which is equipped with advanced machinery, fully equipped quality control center and an R&D unit.
It is based across a sprawling area of 400 square yards with an installed capacity of 20,000 units per month. These machines are handled by experienced operators and team members and help us in meeting the urgent requirements of our clients.
Some of the machines installed at our unit are:
Curve Generator
Vacuum Coating Unit
Trepaning Machine
Centering Machine
Glass Slitting Machine
UV Cleaning Machine
Polishing Machine
Asking Price Includes
15% of stakes in the company. (Excluding ownership of premises)
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
They need to raise money to develop a new technology (mold) that would increase their current revenue by 5x and chances of being acquired.
More Details
They have been a cash flow positive company since 2007. Our turnover in the last financial year was about INR 1.5 Cr. per annum with an EBITDA margin of 35%.
They are one of the few companies in the world with the technology to manufacture materials for Intra-Ocular Lenses.
They are looking for a strategic partner with a background in biotech/pharma/high precision molding, to invest about INR 50 lakhs in exchange for 15% of the company stake. This money will be used to develop a unique technology that:
a) Will increase the current revenue and profits by 5x, and
b) Drastically increase the chances of us being acquired by an existing Intra-Ocular Lens manufacturing company for at least 7 Cr, plus a royalty.
Keywords
Business Tags
₹10 to ₹200 Cr
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