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Northern India based Shoe manufacturing business is up for sale.

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Deepak Soni (Midson group)

Business Brief

It is a footwear company with over 30 years of operational history. The company specializes in non-leather footwear, offering products that are designed to be both affordable and stylish. Over the years, it has built a credible market presence in this niche segment. The company leverages innovative solutions and tailored services to address diverse client needs, backed by robust operational capabilities and a skilled team

Products & Services

Non-Leather Footwear


Proposal

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Industry

Consumer Product-manufacturing

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Sub Industry

Footwear manufacturing

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Nature of Business

B2B, B2C

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Sector

Manufacturing (Own Brand & Contract Manufacturing)

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Reason for sell-off

Strategic Realignment or Pursuing New Opportunities

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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

Max, Relaxo and more

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Deal Size

INR 26 - 30 Cr

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Justification

Based on Market multiples

Financial Information 2024 (in Cr) 2023 (in Cr) 2022 (in Cr)
Sales 5.97 13.30 11.90
EBITDA 0 0 0
PAT 0 0 0

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