Medical Device Mfg Business Raising Funds/For Sale In Jaipur

Product / Service

Our manufacturing capabilities include the production of disposable syringes, both with and without attached needles, with sizes ranging from 2 to 50 mL as per IS 10258/IS 12050 and ISO 7886-1, with an installed capacity of 10 million pcs per month. We also produce infusion (I.V) sets, with or without air vent as per IS 12655 Part IV/ISO 8536 Part IV, with an installed capacity of 0.75 million pcs per month. Additionally, we provide sterilization (E2O) services for medical devices and healthcare products.

Clientele type

Our services are offered across several segments, including preventive therapy, curative therapy, surgeries, and diagnostics. Our products and services are distributed through various channels, including institutional buyers such as the State Governments of Rajasthan, Karnataka, Himachal Pradesh, and Assam, supplying to all district health facilities and medical colleges of the respective states. We also provide our products to ESIC, Railways, and Defense establishments through our channel partners. Our network includes 134 trade channel partners located across the country. Moreover, we have expanded our reach to exports, catering to countries such as Brazil, Armenia, Yemen, Nepal, and merchant exports.

Premises

OWNED

Premise Size: 2000 sq. mt.

Market Value (in INR): 3.25 Cr

Our site spans an area of 35,000 square feet, with a clean area facility occupying 15,000 square feet. The facility adheres to 10,000 class cleanroom standards, specifically required for the manufacturing of medical devices. We have a workforce of over 90 employees, dedicated to various functions such as manufacturing, quality control, logistics, sales, and accounting operations. It has also obtained certification for both its manufacturing processes and quality testing facilities. Specifically, we have been certified with ISO 13485-2016 for our manufacturing practices and have obtained a GLP certificate for our in-house quality test laboratory.

Asking Price Includes

We are open for both the options either fund raise or a complete business exit.

Asking Price

INR 20.00 Cr

Minimum ticket size

INR 200,000,000 (INR 20.00 Cr)

Reason

In order to expand our business to the next level, we need to have adequate working capital. We also have a confirmed order book of INR 22.50 Cr.

Other Details

Aiming to promote "Good Health for Everybody," production was launched in November 2012 with a strong sense of purpose. The production facility is situated along the NH 79A route that connects Delhi and Mumbai near Jaipur in Rajasthan. With 118 years of combined work experience in the industries of pharmaceuticals, engineering, sales, and marketing, our team of trained experts is dedicated to a customer-centric approach.

We have put in cutting-edge equipment and contemporary methods to guarantee the highest standards of product quality. Our goal is to spread the message of "Good Health for Everybody" by offering our clients high-quality goods and services. Also, we work hard to make a name for ourselves in the market as a leading brand that values both nature and society while producing products of the highest caliber.

The company is professionally managed, with a core management team consisting of highly competent, motivated, and dedicated professionals. The Promoter Director has an MBA from Pune University and has 14 years of experience in production, operations, sales, and marketing with Cipla, GE, HSBC, and Citigroup before starting the company. The CEO is currently leading operations, and another Promoter Director has an MBE from 2000 and an MDS from Ajmer University, with 18 years of experience in the corporate industry in sales and other functions. This Promoter Director is currently driving business at the company.