Reason for sale : Promoter looking to diversify

Acquisition Opportunity of a Covered Conductor Manufacturing Business


Company Statistics

Company Description

A long-established niche manufacturing business in the cables and wire industry. The organization has built strong credibility over a period of two decades and is an approved vendor for ISRO, VSSC, BEL, Indian Railways, BHEL, DISCOMS, ABB, Bosch, etc. In addition to the manufacturing of heat shrink tubes and covered conductors, they are also into trading of networking products.

With a strong track record of successfully executing projects with DISCOMS, Railways, and well-known private clients, the organization provides an opportunity to an acquirer to establish its footprint in Karnataka and leverage its capabilities as one of the few very players in the region to have the work experience to qualify for these tenders.

Product & Service Groupings (Revenue Breakdown '21):

  1. Manufacturing (Heat Shrink Tubes & Covered Conductors): 88%
  2. Trading (Networking Products): 4.5%
  3. Services (AMC): 7.5%


Customers: Government (90%) and Private Clients (10%)

Covid restrictions have had a limited impact on sales and performance, with the business showing growth of 127% in revenue. With a strong pipeline of 25 Cr confirmed tender from a residential educational institute and 35 Cr order to be executed for the Government, the organization provides guaranteed stability of cashflows to a potential buyer for the next 18 months.