MeitY Startup Hub onboards MergerDomo to strengthen start-up ecosystem in India
Posted By - Investment Banker
The company is based in North India and is involved in Manufacturing of Special wire conductors and Solar PV Ribbon.
Given the limited management bandwidth to manage both businesses, company is looking to sell its Solar PV Ribbon vertical. The plant has production capacity of 300MT per annum with 4 PV Lines. Company has been in Solar PV Ribbon business for more than 25 years and is dealing with more than 100 customers for its Solar PV Ribbon business division and is consistently making an EBIDTA margin of more than 10%. The revenue and margins can be significantly increased by the buyer increasing production by working in multiple shifts and offering favorable terms to the customers.
Currently the PV Ribbon plant is operated in single shift of 10 hours with 120 MT/yr capacity. With 4 PV Lines, plant has a total capacity of 300MT/yr. With minor changes, capacity can be further enhanced depending on the demand. Existing Promoters will support the Buyer to establish relationship with the existing customers & Suppliers.
Fixed Asset List will be available on request.
Deal Size
INR 4.5 - 6.5 Cr
Justification
100 customers more than 10CRs of sales per annum with more than 10% EBIDTA
Industry
Energy and Environmental
Sub-Industry
Solar Power Generation (Renewable)
Year of purchase
2018
Depreciated Value
INR 0.00 Mn
The asset is in working condition
Justification
Miniscule rejects
Justification
100 customers
Justification
25 years experience in manufacturing
| 2017 (in Cr) | 2018 (in Cr) | 2019 (in Cr) | 2020 (in Cr) | ||
|---|---|---|---|---|---|
| Sales | INR 9 Cr | INR 10.5 Cr | INR 11 Cr | INR 6.37 Cr | |
| EBITDA | |||||
| PAT | N.D | N.D | N.D | N.D | |
| TOTAL DEBT | N.D | N.D | N.D | N.D | |
If you are interested to connect with this party, please send an Expression of Interest and receive Information Memo to take this opportunity further
Information memo
