BUSINESS BRIEF
The company is a leading EV charger manufacturer and charging service operator based in South Korea. With a strong portfolio of high-speed chargers and over 2,400+ operating stations, the Company has built end-to-end capabilities across the EV charging value chain. The Company offers a full line-up of EV chargers, possessing 21 related patents and 305 domestic/international certifications.
Infrastructure & Expansion
▪ 11,800 sqm plant
▪ Projected Capacity: 3,000 slow / 300 fast chargers per month
▪ Equipped with advanced test infrastructure (400kW no-load, environmental chambers)
Products & Services
- EV Standard Chargers
- EV Charging System
- EV Fast Chargers
Additional Information
Note: The company is open to divesting a 51% equity stake to support expansion and growth of the company
Proposal
Industry
Electric Vehicles
Sub Industry
Battery Charging Station
Nature of Business
B2B
Sector
Manufacturing (Own Brand)
Reason for sell-off
Strategic Realignment or Pursuing New Opportunities
Location
South Korea
Open For Dilution
51-75 % (Majority)
Top Customer
Deal Size
INR 85 - 90 Cr
Justification
Based on market multiple
Business Operation Information
Financial Information |
2024 (in INR Cr) | 2023 (in INR Cr) | 2022 (in INR Cr) |
|---|---|---|---|
Sales |
61.92 | 58.48 | 49.88 |
EBITDA |
|||
PAT |
