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
- State-of-the-art Facility: Operates a modern manufacturing facility in North India with an 830 MW solar module capacity
- Advanced Technologies: Employs cutting-edge technologies like multistage electroluminescence testing and robotic automation
- 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
- Solar Modules: Offers a wide range of high-efficiency solar modules, including Mono PERC, TopCon, and polycrystalline modules, catering to various applications
- Solar Inverters: Provides off-grid, hybrid, and on-grid inverters
- Battery Storage Systems: Offers tubular batteries and lithium-ion batteries for solar and inverter applications
- Other Solar Products: Includes solar street lights, benches, bus stands, and pumps
- 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
Industry
Energy and Environmental
Sub Industry
Solar Module Manufacturing
Nature of Business
B2B
Sector
Manufacturing (Contract Manufacturing)
Reason for sell-off
Retirement or Personal Reasons
Location
India
Region
Northern
Open For Dilution
100 % (Complete Buyout)
Top Customer
Deal Size
INR 800 - 1000 Cr
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 |