Wire Mfg Business Looking to Raise Funds in Coimbatore
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.
Keywords
Business Tags
₹10 to ₹200 Cr
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