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Auto Component Company Seeking Loan in Murshidabad, India

Starting a CNC training institute for engineering students along with automobile parts manufacturing unit.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Auto Component + 1 more
Locations  Murshidabad
Local Time 10:39 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 29.5 thousand for 10.0% annual interest, 15 years (Native Currency: INR 2,500,000)
Reason: To kick-start the operations.
Collateral Available: USD 5.9 thousand
Includes physical assets worth USD 11.8 thousand
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Business Name
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Documents
Business Overview
- We have registered ourself as a private limited entity to start a CNC training institute for engineering students along with small scale auto parts manufacturing unit.
- Have taken up 1,500 sq ft area on which we are setting up the infrastructure for training institute and the workshop.
- The setup is under process and we will begin the operation in 2-3 months.
- For training institute, we have many engineering colleges nearby to attract students.
- For auto parts manufacturing, we will take up contract work to manufacture gear shafts, nuts and bolts.
- Company has 2 directors who are both Mechanical graduates having 3 years of experience.
Products & Services Overview
- CNC training institute for engineering students.
- Contract work for manufacturing gear shafts, nuts and bolts.
Facilities Overview
Have taken up 1,500 sq ft of area on rent.
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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