India Leading Elevator Manufacturing, Installation and Maintenance Company Looking for Exit
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It is an ISO 9001-2008 Company also having KVQA Certification and their elevators also comply with Karnataka Lift Inspectorate Department from Government of Karnataka. The Company has strategic tie-ups with some of the best OEM companies (mostly from Germany) around for material sourcing. The product-line has been standardized and follows EN81 standards and Norms.
Portfolio: The Company has around 1000+ elevators in its portfolio & has retained 98% of them on its maintenance portfolio. Its expertise lies in; high-rise, mid-rise and low-rise passenger elevators, freight elevators and dumbwaiters.
The company also deals in customization of products to different elevator shafts which help in achieving maximum floor spaces to architects and developers.
Clientele: It directly supplies to end customers. Their Clientele consists of prominent builders, banks, and industrial corporations. The products are cost-effective (highly efficient) compared to the multinational companies.
The biggest ASSET is built mostly on client references and repeat customers. It uses serial based controllers in their elevators which help in retaining the customers on maintenance portfolio. The AMC business has gone up by 23% in the year 18-19
Financials:
USP: Completely Zero-Debt company
Revenue for:
FY 2014-15: INR 5.20 Cr.
FY 2015-16: INR 7.12 Cr.
FY 2016-17: INR 8.20 Cr.
FY 2017-18: INR 11.27 Cr.
FY 2018-19: INR 14..87 Cr.
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Clientele type
Construction companies, Residence builders, contractors, etc
Premises
Expertise in Passenger Elevators
Asking Price Includes
Clientele, Network, goodwill, competent team, ongoing projects, etc.
Reason
Personal
Other Details
Company has grown at a CAGR of 30% in last 4 years
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₹10 to ₹200 Cr
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