Fire Protection Systems Company Raising Funds In Ludhiana
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Product / Service
The business is involved in Turnkey Projects of fire protection systems, Electric fire engines, and fire monitoring systems.
Clientele type
ITC, Nestle, Hero Cycles, Ambuja Cement, Trident group, Monte Carlo, Sonalika tractor, and many more.
Premises
There are two units with an area of 15,400 sq. ft. and 3600 sq. ft. respectively.
The third new unit with an area of 24000 sq. ft. will be operational in August'24.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Asking Price
INR 3.50 Crore
Minimum ticket size
INR 35,000,000 (INR 3.50 Crore)
Reason
They are seeking funds to develop their tech, R&D their products, create an assembly line for 3,4, and 6 wheeler fire-fighting trucks.
Other Details
About the first line management:
The managing director holds a Bachelor’s degree in BSE and is a Business Graduate from Ludhiana, Punjab. He has a rich experience of 32 years in the field of firefighting. He inherited this business From his Retired father (Chief Fire Officer of Punjab).
The CEO holds a bachelor’s degree in Business administration From Maharaja Agarsain College, New Delhi. He holds a rich experience in the field of Entrepreneurship & innovation.
He joined his family business in 2021 and with his expertise, he has launched an Electric vehicle and Introduced fire monitoring technology to revolutionize fire fighting in India.
Business Tags
₹10 to ₹200 Cr
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