Carbon Black Manufacturing Business Seeking Loan in Salem, India
Traders, stockist & importers of bulk bitumen vg-10, vg-30, and vg-40 grades seeks a loan.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 580 thousand |
| Run Rate Sales | USD 770 thousand |
| EBITDA Margin | 20 % |
| Industries | Petroleum Product + 1 more |
| Locations | Salem |
| Local Time | 10:16 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
230 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: For sourcing bulk bitumen & fuel oils and offering credit to genuine customers and increasing market...
View More
Collateral Available: USD 580 thousand
Includes physical assets worth
USD
35 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(92.3 KB)
Business Overview
- We purchase the bulk bitumen from overseas refineries through importers in Mangalore and Karwar Ports stored in the existing tank farm. We source the same from them and transport it in Trucks to the Customers.
- An annual increase of 6% in consumption annually in the country will help the company expand its business prospects in Karnataka and Tamil Nadu.
- Road laying work is carried out throughout the year and demand for Bulk Bitumen is huge. We supply Bulk Bitumen to contractors registered with NHAI Road work, State Highways, Panchayath Road Work, and Sugarcane Roads. We also have a client base in Andhra Pradesh and Telangana.
- Currently supplying the products to 25 clients. They are road contractors.
- The main object of the company is to carry on the business as dealers, importers, exporters, contractors, distributors, agents, manufacturers, and consultants of Bitumen & Allied Bituminous products and Petroleum & other related Petroleum products.
- Have GST and MSME certificates.
- An annual increase of 6% in consumption annually in the country will help the company expand its business prospects in Karnataka and Tamil Nadu.
- Road laying work is carried out throughout the year and demand for Bulk Bitumen is huge. We supply Bulk Bitumen to contractors registered with NHAI Road work, State Highways, Panchayath Road Work, and Sugarcane Roads. We also have a client base in Andhra Pradesh and Telangana.
- Currently supplying the products to 25 clients. They are road contractors.
- The main object of the company is to carry on the business as dealers, importers, exporters, contractors, distributors, agents, manufacturers, and consultants of Bitumen & Allied Bituminous products and Petroleum & other related Petroleum products.
- Have GST and MSME certificates.
Products & Services Overview
Traders, distributors, stockists & importers of bulk bitumen vg-10, vg-30, vg-40 grades, bituminous road emulsion, furnace oil, light diesel oil, fuel oil, refined palm oil, palm stearin, crude derivatives, agrochemicals, minerals, quartz, silica, mica, fly ash, and other allied petro products.
Assets Overview
Tangible assets include company-owned land area, office equipment, and chairs.
Facilities Overview
Office is located in the center of the city on a 500 sqft area with a monthly rent of INR 9,500.
Capitalization Overview
- Business is funded by the promoter.- No loans.
- Company has 2 partners with 70% and 30% partnerships.
Recent Activity
-
Earlier than 15 daysManaging Director, Digital Marketing Services, Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Horticulture And Distillery, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, IT, Event Management, Facility Management, Catering, Accommodation, Doha, Individual Investor / Buyer connected with the Business
Tags:
Carbon Black Manufacturing Business Seeking Loan in Salem, India
·Lend to Carbon Black Manufacturing Business in Salem, India
·Petroleum Product Business Seeking Loan in Salem, India
·Lend to Petroleum Product Business in Salem, India
·Oil Product Business Seeking Loan in Salem, India
·Carbon Black Manufacturing Business Seeking Loan
·Lend to Oil Product Business in Salem, India
·Lend to Carbon Black Manufacturing Business
·Petroleum Product Business Seeking Loan
·Lend to Petroleum Product Business
·Oil Product Business Seeking Loan
·Lend to Oil Product Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
7 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 125,500+ other businesses of all sizes.
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.
You might also be interested in these businesses