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Advanced Polymer Business Seeking Loan in Gurgaon, India

Business that manufactures PU foam sheets and supplies to 10-15 companies in Delhi, seeks loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales USD 490 thousand
EBITDA Margin 15 %
Industries Advanced Polymer + 1 more
Locations  Gurgaon
Local Time 6:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 158 thousand for 12.0% annual interest, 5 years (Native Currency: INR 13,500,000)
Reason: We are seeking a loan to set-up a new business unit of manufacturing PU foam.
Collateral Available: USD 0
Includes physical assets worth USD 58 thousand
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Business Name
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Business Overview
- Our business is engaged in manufacturing PU foam sheets that are used in the bed mattress, cushion making, and garment industry.
- Our business also does shipping of cargo vessels for coal, and iron ore from the market.
- Currently, our major focus is on the manufacturing and trading of PU foam sheets.
- Source the raw materials i. e. raw chemicals from few traders in India, otherwise we import the same from China, Japan, and Korea.
- On average we have a production capacity of 400 MT to 500 MT per month.
- We are supplying to 10-15 clients in Delhi, who are in the glass and garment industry.
Products & Services Overview
Manufacturing and trading of LD PU foam, also offer ship chartering and logistic solutions on an ad-hoc basis.
Assets Overview
Batch foaming machines, 13-14 vertical and horizontal foam cutting machines.
Facilities Overview
Leased factory space of 18,000 sq. ft. in Gurgaon.
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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