Well Est Cable Mfg Co Raising Funds/For Sale In Mumbai

About Business

Established Electrical Cable Manufacturing Company Seeking Strategic Investment:
An established and reputed electrical cable manufacturing company, operating since 1987, is seeking strategic investment or partnership to scale operations. The company has built a strong brand presence in the electrical wires and cables industry, known for manufacturing high-quality products at competitive prices.

Product Portfolio
The company manufactures a wide range of electrical cables, including:

- LT Control (Multistranded and Solid Copper) Cables
- Power Cables (Solid / Multistranded, Copper & Aluminum)
- Single Core Power Cables (Multistranded Copper / Aluminium)
- Single Core Switchgear Wires
- Multicore Flexible Copper Cables
- PVC Insulated Industrial Cables
- Braided / Shielded Multicore Cables
- Instrumentation Cables
- Submersible Pump Cables (3 Core Flat / Round)
- Tri-rated Cables

Infrastructure and Capabilities
The company operates with modern manufacturing facilities equipped with advanced machinery and infrastructure. The workforce is trained by industry experts to maintain consistent product quality and innovation. A well-developed domestic and international marketing network supports the company’s strong market presence.

The organization emphasizes continuous product improvement, innovation, and R&D to stay ahead of industry trends and meet evolving client needs.

Certifications and Approvals
All products are certified with ISI marks and approved by the Bureau of Indian Standards. Internationally, the company holds ISO 9001-2000 certification from UKAS and product approvals from CSA and UL standards. It also has multiple approvals from government departments and global consultants.

Market Opportunity
With India’s power sector receiving top priority and an estimated cable demand of USD 20 billion over the next five years, the growth potential is immense. The house and building wire segment alone is valued at USD 2 billion annually, growing at 10% per year, with 40% share held by the organized sector.

This presents a significant opportunity for investors seeking to partner with a long-established, certified manufacturer in a high-growth sector.

The company has an estimated revenue of ₹14 crore for this year and has already achieved ₹8 crore so far.

Clientele type

The company has successfully built long-term relationships with several reputed corporate clients, dealers, and institutional buyers across India. Its clientele includes major organizations from the energy, infrastructure, transportation, petrochemical, and government sectors.

Some of the notable clients include leading power utilities, petroleum corporations, railways, municipal bodies, and national research centers — reflecting the company’s strong reputation, product reliability, and adherence to quality standards.

Premises

The company operates a 21,000 sq. ft. manufacturing facility located in Palghar, Maharashtra, India.

Asking Price Includes

Land, Building, machinery, business goodwill, and stake in the company.
The founders are open to investors with a funding requirement of ₹3 crore. If someone is interested in acquiring the company outright, the asking price is ₹12 crore.

Asking Price

INR 10.00 Cr

Minimum ticket size

INR 3.00 Cr

Reason

Working capital shortage as the industry is very capital-intensive