Rehab Medical Device Manufacturer Seeking Funds In Jaipur
Product / Service
They specialize in the production of a diverse range of healthcare products, currently offering a portfolio of 75 items that includes:
4
Body braces
Cervical supports
Knee and ankle support
Traction kits
Hot and cold therapy products.
Surgical belts.
Clientele type
They distribute their products throughout India via an extensive network of 11 dedicated distributors, and also export to three other countries.
Premises
LEASED
Lease per month (in INR): 84.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 12,000 sq ft
The plant is presently operating at 50% capacity due to a capital shortage, but despite this constraint, they are experiencing strong demand and successfully selling their products. At their current operational level, they are producing goods with a monthly value of 1.20 crore.
Asking Price Includes
The terms of the transaction will be discussed with potential Investors.
Reason
They require funds to bolster their working capital liquidity and support the marketing efforts for their newly launched brand.
Other Details
They have a seven-year track record in OEM manufacturing, with an impressive capability to produce 70% of the raw materials in-house, ensuring top-notch quality at competitive pricing. Their recent brand launch, 'BFN - Build for Nurture,' marks their foray into the market.
They engage in white-labeling services for select companies, spanning across Sri Lanka, South Africa, and Nepal.
In March 2022, they successfully completed a substantial consignment, generating a turnover of 9 crores. Following this accomplishment, they strategically invested in machinery to enhance efficiency, reduce raw material costs, and overall manufacturing expenses. Consequently, they have experienced a temporary reduction in liquidity within their working capital.
Keywords
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₹10 to ₹200 Cr
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