Renowned EV manufacturer looking for 100 Cr for next stage of growth

By S-B-1302
Posted On: 16 / Sep / 2022
2 482

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Electric Vehicles
Charge

Deal Status

Active

Deal Description

Company into EV manufacturing looking to raise 100 Cr via Equity for their next stage growth plan. Huge orders are in the pipeline from big e-commerce players. Open for strategic investments as well.

Key highlights:

  • 5-year-old company manufacturing electric vehicles
  • Debt-free company
  • Currently having 2-3 manufacturing plants across India
  • Big production capacity for E3W's and E2W's 
  • Big dealers network across Pan India
  • 100 Cr at a valuation of Rs. 1000 Crs. (10% Equity offer)
  • LY topline: Rs.140+ Cr
  • Utilization of funds: 30 Cr for Land purchase & 70 Cr for Infrastructure development (Plant and Machinery)

      I am having a direct mandate from the company. Prefer direct investors to connect with me pls.

No Files Attached

Deal Value
₹ 100 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
₹ 140 Crore
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