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Auto Component Business Seeking Loan in Chennai, India

Manufacturer and exporter of water saving nozzles for Taps.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 80 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 22 %
Industries Pipes & Valves + 1 more
Locations  Chennai
Local Time 9:19 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 130 thousand for 12.0% annual interest, 4 years (Native Currency: INR 10,000,000)
Reason: To expand market through appointment of distributors across India and To buy raw materials to manufa... View More
Collateral Available: USD 130 thousand
Includes physical assets worth USD 150 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
MSME
Business Overview

- ISO 9001:2015 certified company manufacturing nozzles to save water.

- Some of the clients for automotive components are Lucas TVS, Wendt India, Trolex and customers in Singapore, Sweden and UK.

- We sell nozzles through our E-commerce portal and through distributors.

- Revenue split is 40% for automotive components and 60% for water saving nozzles.

- Promoter experience is around 6 years.

- Physical assets include machinery.

Products & Services Overview

- Water saving products such as Nozzles, Aerators.

- Industrial spray nozzles.

- Automotive and Engineering components for industries.

- Turned and Milled Precision components.

Facilities Overview

1,800 Sq. Ft. rental facility on Ground floor.

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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