Established Medical Devices MFG Raising Funds In Akola

Listing ID: SL022040
Posted By: Owner
Last Active: 2+ months ago
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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.

Business Tags

Established Medical Devices MFG Raising Funds In Akola

₹10 to ₹200 Cr

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