Pharma Distribution Company Raising Funds In Raipur
Product / Service
They are a distributor company dealing in cardiac implants and sale of refurbished diagnostic machines.
Clientele type
They have a network of 340 hospitals and doctors. They are reaching out to under construction hospitals in the state to boost sales of their diagnostic machines.
Premises
LEASED
Lease per month (in INR): 15,000
Security Deposit (in INR): 50,000
Carpet Area: 500 sq ft
Asking Price Includes
The terms of transaction can be discussed with potential investors.
Reason
They are looking to expand their presence in the refurbished diagnostic machines market.
Other Details
They've established a strong presence in central India, strategically deploying their sales team across neighboring states. Additionally, they've set up a branch office in Nagpur. Notably, their recent venture into selling refurbished diagnostic machines in Chhattisgarh has yielded impressive sales figures, a remarkable feat for a company with only three years of operation.
In their initial fiscal year, FY2020-21, their sales amounted to INR 60 lakhs. Subsequently, in FY2021-22, they marked a substantial growth, reaching INR 1.7 crores. Impressively, in the following fiscal year, FY2022-23, they surged past INR 2.42 crores in sales. Looking ahead, their projected sales for FY2023-24 are expected to exceed INR 4 crores, highlighting their remarkable trajectory of growth.
Keywords
Business Tags
₹10 to ₹200 Cr
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