BUSINESS BRIEF

The company is a leading Indian solar panel manufacturer and integrated solar solutions provider, established in 2018. It boasts a strong presence in both B2B and B2C markets, serving a diverse clientele across India.

Manufacturing Capabilities

  1. State-of-the-art Facility: Operates a modern manufacturing facility in North India with an 830 MW solar module capacity
  2. Advanced Technologies: Employs cutting-edge technologies like multistage electroluminescence testing and robotic automation
  3. Quality Focus: Maintains stringent quality checks and controls throughout the production process

Certification:

  • Approved List of Models and Manufacturers (ALMM)
  • Bureau of Indian Standards (BIS)
  • International Electrotechnical Commission
  • Occupational Health and Safety Assessment Series
  • International Organization for Standardization
  • Underwriters Laboratories (Applied)
  • CE certification (Applied)
  • Make in India

Products & Services

  1. Solar Modules: Offers a wide range of high-efficiency solar modules, including Mono PERC, TopCon, and polycrystalline modules, catering to various applications
  2. Solar Inverters: Provides off-grid, hybrid, and on-grid inverters   
  3. Battery Storage Systems: Offers tubular batteries and lithium-ion batteries for solar and inverter applications
  4. Other Solar Products: Includes solar street lights, benches, bus stands, and pumps
  5. End-to-End Solutions: Provides comprehensive solutions for rooftop solar installations, including design, installation, and maintenance  

Additional Information

Projections for FY 25

  • Revenue: INR 700 Crores
  • EBITDA: 16%
Proposal
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Industry

Energy and Environmental

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Sub Industry

Solar Module Manufacturing

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Nature of Business

B2B

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Sector

Manufacturing (Contract Manufacturing)

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Reason for sell-off

Retirement or Personal Reasons

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Location

India

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Region

Northern

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Open For Dilution

100 % (Complete Buyout)

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Top Customer

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Deal Size

INR 800 - 1000 Cr

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Justification

NA

Business Operation Information
Financial Information
2024 (in INR Cr) 2023 (in INR Cr) 2022 (in INR Cr)
Sales
150 14.9 13.5
EBITDA
PAT
Business Documents

Tags

Oil and Gas Production and Exploration Solar Equipment/module Manufacturing Bio fuel Develop, install, and operate solar/wind farms