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Adhesive Business Seeking Loan in Chirala, India

Electrical insulation tapes manufacturer having 50 distributors supplying to clients in Southern India.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 204 thousand
EBITDA Margin 15 %
Industries Adhesive
Locations  Chirala
Local Time 10:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 34 thousand for 18.0% annual interest, 7 years (Native Currency: INR 3,000,000)
Reason: To start manufacturing different types of tapes and to develop the brand.
Collateral Available: USD 22.7 thousand
Includes physical assets worth USD 22.7 thousand
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Business Overview
- PVC electrical insulation tapes and Teflon tapes manufacturer producing in 5 different colors.
- Factory has the capacity to manufacture 2,50,000 tapes per day, and are currently manufacturing 10,000 tapes per day.
- We have more than 50 clients across South India and they place bulk orders weekly.
- Seeking funds to start manufacturing different types of tapes and expand our distribution capacity.
Products & Services Overview
PVC electrical insulation tapes and Teflon tapes in 5 colors.
Facilities Overview
2,000 sq. ft. workshop area that is rented.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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