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-
â—Ź Navigational Lights
â—Ź Signaling Lanterns and Torches
â—Ź Watertight Switches and Sockets
â—Ź 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


Contact Details

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