Industry: Automobile, Auto Ancillaries

Sector: Dealers , Service Centres

Business Description:

Established in 1996, the Car Dealership is spread over 29 locations in North India
With more than 7 lakhs customer base the group sells 1,200+ cars every month and service around 26,000 cars at their own service stations
Plans to collaborate with other OEMs and expand their Used car & other ancillary business including insurance, car finance and sale of accessories
Total Number of Employees: 1,823
Total Number of Cars sold: 16,216
Total Number of Cars serviced: 3,15,424
Credit Ratings: BWR BBB (Stable)
Turnover: US$ 252.97 Mn

Product Description:

The Group deals in all models of Hyundai, Toyota & Ford; it pans to expand their dealership and have tie ups with other OEMs
Through its automobile retail outlets the group sells new and used cars, provides after sales service, maintenance and car accessories.
It also provides insurance and car finance services

State: Delhi

Business Type: Trading

Experience: 25-50 Years

Employee: More than 500 Employees

Verified By: ILO Consulting Services Private Limited

Revenue (US$ m): More than US$ 100.0 M

Opportunity Detail: Debt or Bond

Type of Transaction Loan Seeker

Industry Automobile, Auto Ancillaries

Sector Dealers , Service Centres

Country N/A

Loan Size US$ 50m

Description The group has relationship with various banks and is now looking to refinance the existing debt by raising funds through ECB. The funds would be used to pay-off the existing debt. Increase in cash flow shall be utilized for expanding the business by opening new showrooms in across the country, associating with various OEMs and venture into Electronic Vehicles. Also grow their used car business and other ancillary business.

Download Teaser

I Would like to get more info.

Debt Fundraising/ECB

Educate India

Develops School infrastructure and give on lease; Assets worth US$ 139.45 Mn (Fair Value); Acquired through NCLT; Borrower Net worth US$ 70 Mn; Annual......

Learn more

Asset NBFC

Registered NBFC provides Vehicle Loan, Personal / Property Loan; AUM US$ 67.15 Mn; Number of Customers - 50713; Number of Retail Offices - 73...

Learn more

Engineering ERP

End to end Business Process for the Auto segment in Industrial Engineering Sectors; Major OEM Clients; huge Supplier base; Six Sigma Trained Resources ...

Learn more

Manpower Solutions

Manpower and Staffing on Contractual jobs to private and government sector companies; Operates PAN India; Core team of 180 employees; Over 30,000 employees......

Learn more