Wire Mfg Business Looking to Raise Funds in Coimbatore

Listing ID: SL017087
Posted By: Owner
Last Active: 2+ months ago
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About Business

They manufacture submersible winding wire.
Range: 0.5mm to 1.6mm dia

Clientele type

Local submersible motor manufacturers in Coimbatore
They currently have 15 clients

Premises

LEASED

Lease per month (in INR): 22.00 K

Security Deposit (in INR): 1.00 L

Carpet Area: 2,600 sq ft

Asking Price Includes

The amount will go towards increasing capacity, stock material (copper) and employees as demand is great.

Reason

Raising Funds for Capacity Expansion to Fulfil current and incoming Orders.

More Details

The promoter has invested INR 40 Lacs since the inception of the business.
The promoter has 8+ years of experience in the industry.
They are currently only manufacturing submersible winding wires. Their future plan is to expand the product portfolio to cables, enamels and house hold wires.

Business Tags

submersible winding wire Wire Mfg Business Looking to Raise Funds in Coimbatore

₹10 to ₹200 Cr

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