Established Medical Devices MFG Raising Funds In Akola
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About Business
Medical Disposable Manufacturing Unit - Business Overview
About the business:
A recently established medical disposable manufacturing unit is involved in producing disposable syringes, with an installed annual capacity of 12 core units. The setup is scalable, allowing for capacity expansion as demand grows.
Scope for product expansion:
There are plans to extend the product range to include items such as:
- IV sets
- IV cannulas
- Cotton rolls
- Medical gloves
- Other essential medical disposables
Some products, like IV cannulas, can be sourced through third-party manufacturing, which can help increase sales and expand the offerings.
Current operations:
- Manufacturing license obtained in June 2024
- Confirmed orders of 25 lakh syringes scheduled for April 2025
- Projected annual turnover is approximately INR 6.5 crore
Market reach:
The unit currently has a distribution and marketing network active in 4 states, ensuring consistent demand and growth potential.
Clientele type
The clientele includes a wide range of institutions and businesses such as private and government hospitals, government medical colleges, medical wholesalers, retailers, and pharmacies. This diverse customer base ensures consistent demand and offers strong growth potential across various segments of the healthcare industry.
Premises
OWNED
Premise Size: 32500
Market Value (in INR): 2.30 Cr
Property Details (Industrial Unit)
Plot Size: 32,500 sq. ft
Constructed Area: 9,800 sq. ft
Construction Age: 2 years
Land Type: MIDC leasehold land
Lease Term Remaining: 96 years
Asking Price Includes
15% equity will be offered to the investor.
Asking Price
INR 1.11 Cr
Minimum ticket size
INR 1.11 Cr
Reason
One of the existing members is planning to exit the business, and therefore, the founder is actively seeking a new investor to join and support the next phase of growth.
Licenses
ISO 13485, MD5, CE
More Details
Currently 9 employees are associated with the company.
Keywords
Business Tags
₹10 to ₹200 Cr
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