Updated - 20-12-2023
Gurgaon, Haryana, India
Manufacturing
Asking Price
120 Crs
Category
Manufacturing
Turnover
25 Crs
Sub Category
Specialized Components
Legal Entity
Private Limited
Business Listed By
Business Owner
It is one of the world’s premier manufacturers of a wide range of gloves catering to two broad segments Medical and Industrial and also Food and Household environments.With over 30 years of experience in manufacturing gloves. Our State-of-the-art automatic manufacturing lines are capable of producing 90 million pairs annually on 2 manufacturing plants spread over a production area of 80,000 Sq. ft, We were the first company in India to get the CE mark for Class IIa Medical devices, Our products are certified as per ASTM, EN-455 as well as for PPE - New Regulation (EU) 2016/425, We are a completely Export Oriented Unit, selling our gloves for leading brands in over 40 countries across the globe, including North America, Europe, Asia & Latin America, The sales have grown at 30% CAGR during the last 7 years. The Current capacity can achieve a turnover of Rs 200 Crs
Year of Establishment
1989
No. of Employees
70
Current Status of Business
Running
Business Relocatable
No
Property Type
Owned
Property Value
25 Crs
Property Classification
Industrial
Two properties totaling 8100 sq mts
Market Analysis – PPE :- • Global PPE market - $38.38 Bn in 2015. Expected to reach $ 68.69 Bn by 2024. CAGR of 6.7% • Hand protection dominated global demand at 23% ($8.7 Bn). Forecasted to grow at 7% to reach $15.78 Bn by 2024. • Chemical handling dominated at over 30% ($2.61 Bn) in 2015 • Europe was the largest PPE consumer with 33.8% share • North America accounted for over 29% • Highest traction expected to come from Asia-Pacific with growth at 12% from 2016-2024
Type of product and per year capacity as follow:- Surgical Gloves - 90,000,000, Nitrile Flocklined Gloves- 7,500,000 , Nitrile Unlined Gloves - 10,500,000 , 22 mil Nitrile gloves - 600,000 , Household Flocklined Gloves - 10,500,000 , Expansion - 27,000,000.
Growth Potential – Medical Disposable:- • Global Medical Disposable Gloves Market - The overall market is projected to grow at an approximate CAGR of 6% from 2016 to 2024 to reach US$ 6.8 Billion in 2024 • North America has the largest market share followed by Europe • Emerging economies in Asia-Pacific mainly India, China, South Korea, and Japan are projected to show a steady growth rate.
EBITDA N.A
PAT N.A
Debt N.A
Retiremant
Teaser/Information Memorandum
Valuation Report
Financials
