Automotive Body Parts Business Seeking Loan in Rajkot, India
Automotive component manufacturer that caters to agricultural industry and has 4 clients.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | Nil |
| Run Rate Sales | USD 160 thousand |
| EBITDA Margin | Nil |
| Industries | Automotive Body Parts + 1 more |
| Locations | Rajkot |
| Local Time | 11:37 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
116 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason: Capital infusion required for the development of new high-value components and new machinery.
Collateral Available: USD 0
Includes physical assets worth
USD
99 thousand
Interested to connect with advisors
Documents
Udyam Certificate
(392.5 KB)
ROC-Verification.pdf
(60.0 KB)
Business Overview
- Automotive components manufacturer that caters to tractors and the agricultural industry.
- Company is registered in Vasai (Maharashtra) and the plant is setup in Rajkot (Gujarat).
- 4 corporate, well-established clients for whom we are the registered vendors.
- Approached 2 more corporate customers based out of Rajkot and Ahmedabad.
- Manufacturing is done according to customer's design and we have the capability to make over 300 different components.
- Rajkot unit started in March of this year and was temporarily shut due to the current global situation. Re-started operations in June.
- Promoter has been in the field of the automotive components industry for 43 years and the 2nd generation for 19 years. Cumulative experience of more than 5 decades in this Industry.
- Dedicated & experienced staff and workforce to cater to customers demands.
- Targeted to reach a turnover of INR 4 Cr by end of next financial year.
- Company is registered in Vasai (Maharashtra) and the plant is setup in Rajkot (Gujarat).
- 4 corporate, well-established clients for whom we are the registered vendors.
- Approached 2 more corporate customers based out of Rajkot and Ahmedabad.
- Manufacturing is done according to customer's design and we have the capability to make over 300 different components.
- Rajkot unit started in March of this year and was temporarily shut due to the current global situation. Re-started operations in June.
- Promoter has been in the field of the automotive components industry for 43 years and the 2nd generation for 19 years. Cumulative experience of more than 5 decades in this Industry.
- Dedicated & experienced staff and workforce to cater to customers demands.
- Targeted to reach a turnover of INR 4 Cr by end of next financial year.
Products & Services Overview
Focus - agricultural & tractor industry.Manufacturing components like.
1. Hydraulic pipes - metallic & flexible.
2. Front axle.
3. Sheet metal & fabricated components like engine mounting frames, ROPS, pedals, footsteps.
Assets Overview
Our main asset is a laser cutting machine worth INR 60. We also have a few other machinery and equipment used as part of the manufacturing process including a double head boring machine, Induction brazing machine.
Facilities Overview
Leased area of 13,000 Sq. Ft. with a built-up area of 11,000 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysAGM, Automobile, Rajkot, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Chemicals, Rajkot, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPrincipal Consultant, Pune, M&A Advisor connected with the Business
Tags:
Automotive Body Parts Business Seeking Loan in Rajkot, India
·Lend to Automotive Body Parts Business in Rajkot, India
·Auto Component Business Seeking Loan in Rajkot, India
·Lend to Auto Component Business in Rajkot, India
·Automotive Body Parts Business Seeking Loan
·Lend to Automotive Body Parts Business
·Auto Component Business Seeking Loan
·Lend to Auto Component Business
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