Biodiesel Business Seeking Loan in Gwalior, India
Seeking funds to setup a biodiesel plant in Indore on a 50K sq ft land.
| Established | 1-5 year(s) |
| Employees | Undisclosed |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Biodiesel |
| Locations | Gwalior |
| Local Time | 9:44 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
410 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 35,000,000)
Reason: To setup the plant and buy raw materials, as we have a very huge demand we are just going to provide...
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Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
ROC-Verification.pdf
(59.1 KB)
Business Overview
Our company is raising funds to set up a biofuel (solid form) plant to produce biofuel using agricultural waste. We have identified land of 50K sq ft in Indore which we would either buy or take it on lease. We plan to set up this plant to serve the demand of NTPC Limited. Have participated in the tender and we are amongst top 5 companies who would be selected for 4 years tender term with NTPC Limited.
The plant would have the output capacity of 20 tons per day. Director of the company has good experience in this industry and is running 2 other firms in the same industry that generates a total annual turnover of INR 8 crore.
Since this entity is a startup, we do not own any physical assets.
The plant would have the output capacity of 20 tons per day. Director of the company has good experience in this industry and is running 2 other firms in the same industry that generates a total annual turnover of INR 8 crore.
Since this entity is a startup, we do not own any physical assets.
Products & Services Overview
Biofuel produced from agricultural waste.
Facilities Overview
Registered in Gwalior.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysSystem Analyst, IT Services, Kitchener, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Construction, Indore, Corporate Investor / Buyer connected with the Business
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