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Aluminium Wholesalers Business Seeking Loan in Tamil Nadu, India

Leading exporter of activated carbon in Pennadam seeks funds to establish a manufacturing unit.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 270 thousand
EBITDA Margin 3 %
Industries Aluminium Wholesalers + 1 more
Locations  Tamil Nadu
Local Time 5:11 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 250 thousand for 15.0% annual interest, 4 years (Native Currency: INR 20,000,000)
Reason: Planning to establish a manufacturing unit. Require these funds to purchase the land and start const... View More
Collateral Available: USD 0
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Business Overview

- Importer and exporter of aluminium scrap and activated carbon respectively.

- Started 2 years ago, received a 10 MT order from a leading Saudi company.

- Our services and material quality are very genuine, so customers return to us for sourcing materials for their projects.

- Since inception, our yearly trade volume of activated carbon is 200 MT (export) and that of aluminium scrap is 2,000 MT (import)

- We operate from the ports of Nhava Sheva, Chennai, and Tuticorin.

- Recent shipment of around 110 MT has led to high growth in our revenue and we hope to sustain that growth.

- We recently borrowed around INR 15 lakh from family and friends for our last 110 MT order. The loan is currently being repaid.

- Sole proprietorship with a single owner.

- We are looking for financial support to start a manufacturing unit under this business.

Products & Services Overview

Commodity for export - activated carbon.

Commodity for import - aluminium scrap.

Assets Overview

No physical assets are owned by the business as of now. The machinery and warehouses are leased.

Facilities Overview

Lease out warehouses in ports as per requirement and we have a rented office in co-working space as well.

Our corporate headquarters is in Pennadam and is located on proprietors' ancestral property.

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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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