State : All State,
City : Gujarat

Rs. 2 Cr.

State : All State,
City : Gujarat


Details :

Overview Sector:​Manufacturing Industry: Electronics Looking for (Transaction type):​Complete Exit City:​Vapi,Gujarat Customer base:​Indian Navy and 25 Organisations Nature of organization:​Partnership Establishment year:​1961 Reason for sale:​All the partners are wanting to retire and their heirs have diversified in other businesses. General Information Our client is one of the leading Manufacturer and supplier of general goods for marine application, navigational lights, tube light fittings, deck light fittings in the country since the last 60 years. They have pan india operations and have been working with the Indian Navy since the last 53 years. They have a range of over 1000+ products under their portfolio with great relations with leading ship manufacturers in the country. Few of their products are as follows- ● Navigational Lights ● Signaling Lanterns and Torches ● Watertight Switches and Sockets ● Fire Fighting Helmets (one of the leading Supplier to the Navy)


Quantify & Elaboarate Details :

Financial Information Revenue and Profitability Particulars as on 31.3.2017 31.3.2018 31.3.2019 Revenue Rs 1.8 Cr Rs 1.1 Cr Rs 2 Cr EBITDA Rs 20 Lakhs Rs 14 Lakhs Rs 30 Lakhs Debt/Liability INR 36 Lakhs - Unsecured Loan , from Related Party Customer/Client Information Number of customers per month/year: 25 Organisations and Indian Navy Average number of days customers pay in:​30 days Employee Information Total number of employees: 15-20 employees Land details Purchased Land Size(in Sq. feet) Location Area Yes 17000 Vapi Additional Information Reason for sale:​All the partners are wanting to retire and their heirs have diversified in other businesses. Pending lawsuits/conflicts (If any):​ None Offer Price: INR 1.5 Crores + Market Value of the Land


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