It is private limited company started in 1997 based at Nakodar, Punjab. The company manufactures Automotive Shock Absorbers used in Trucks, Buses, Trailers. The manufacturing facility is owned 1000 yards land. The plant is on 600 yards build up area. They have separate facility for servant quarter also. All the components of the products are manufactured in house and they have separate R&D lab. The company offers quality single tube Shock Absorbers with high pressure, twin tube Shock Absorbers with low pressure, gas Shock Absorbers, and hydraulic Shock Absorbers. Made at the company's well-equipped manufacturing infrastructure, the Shock Absorbers find use in trucks, buses and trailers. The monthly manufacturing capacity is 20,000 Shock Absorbers but they are using 50-60 percent capacity from 2013. Before 2013 the company was running at full capacity level. The company had reduced their production capacity in 2013 as owner is not keeping well. The Shock Absorbers are majorly sold in Global market. They have network of Auto parts stockiest for Trucks, Buses, Trailers in Asia, Middle East, Europe, Africa and U.S. through their products are sold. In India they have tie up with merchant exporter for marketing. Additionally they also sell Shock Absorbers to Toyota and Tatas too. The total employees strength is 25. The company has average 30 percent profit margin. The last year turnover was INR 5 crores. The asking price is INR 4.50 crores.
Listing id : SL004923
Reason for Sale : Health Issues and Succession problem