Listing Details : LB-21957

Asking Price 15 Crs
Turnover 10 Crs
Legal Entity Proprietorship
Category Manufacturing
Sub Category Electric and Electronics
Business Listed By Business Owner

Overview

An established electric three-wheeler assembly and manufacturing business is available for acquisition, operating from a facility spread across approximately 6,000 sq. yards with a built-up area of 43,200 sq. ft. The company manufactures and assembles L3 slow-speed and L5 high-speed electric three-wheelers, including both passenger and cargo loader models. It has an installed production capacity of 500 vehicles per month and is currently producing around 150 vehicles monthly, offering significant room for expansion. The business follows a direct procurement and assembly model and holds ICAT approvals for its electric vehicle portfolio, including e-carts and multiple L5 models. A fully operational in-house paint shop and inventory valued at approximately ₹2 crore are included in the sale. The company has an active government order pipeline worth approximately ₹45 crore and a well-established dealer and distributor network across Madhya Pradesh, Uttar Pradesh, and Jharkhand, making it an attractive opportunity in India's rapidly growing EV sector.

Year of Establishment

2022

No. of Employees

N.A

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

4 Lacs

Describe Property

N.A

Competition / Market

Yes

Products & Services

Electric L3 passenger vehicles, L5 passenger vehicles, cargo loaders, e-carts, chassis, EV spare parts, and accessories.

Growth Potential

High

Reason For Sale

Shift To another business.

Financial Details

Contact Business