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Auto Electrical Parts Company Seeking Loan in Faridabad, India

Business manufacturing pulleys and motors for vehicles and selling it to 7+ clients.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 90 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 15 %
Industries Auto Electrical Parts
Locations  Faridabad
Local Time 7:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 37 thousand for 10.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: The funds will be used to buy machinery in order to increase production capacity and for working cap... View More
Collateral Available: USD 0
Includes physical assets worth USD 90 thousand
Documents
Business Overview

- We are into shoes motor pulley and manufacture it for all types of starter motors.

- Major clients are Pricoal Engineering, Minda, and Autoignition Limited.

- We have yearly contracts with the clients which are renewed annually.

- We manufacture about 5,000 pieces/day and run our unit at 100% capacity.

- The buyers are given a credit period of 50 days from the date of purchase.

- Tie-ups with 3 vendors from whom we purchase raw materials.

- Promoters have 25 years of work experience in similar industries.

Products & Services Overview

Manufacturing of auto electric parts such as alternators and pulleys.

Assets Overview

Physical assets include machinery, 2 power passage machines, scraping machines, turning machines, furniture, quality equipment, inventory, and tools. The inventory is worth INR 10 lakh.

Facilities Overview

Rental unit with an area of 300 square yards with a monthly rent of INR 32,000 and a deposit of INR 64,000. The unit is spread across a 3 storey building. The rental contract is valid for 11 months.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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