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Deal Type
Industry
Deal Status
The company is one of the major suppliers of Automotive lamps to Tata Marcopolo for their bus division with more than 50% share of business in internal lamps business thanks to
our stringent quality standards and genuine pricing.
With 80 MINR of orders in hand from Tata, the company is gearing up to introduce many other electrical & electronics components and take the business to whopping 120 MINR per
annum with Tata by next year.
They also supplies lamps to Olectra, an EV bus maker in Hyderabad through Smart Line Coaches.
Monthly Turnover: 12-15 Lacs
Expected turnover from July : 30-35 Lacs
Launched successfully ambience lighting and Berth Indicator Lamps for Tata premium buses.
The purpose of the fund raise is to help the promoter with growth funding. They have some good orders at hand that can be executed with the funding.
The company is open to a 30% stake dilution. Open to Structured Finance / JV as well.
No Files Attached
Type Equity (Fundraise)
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INR (₹)