Coating Business Seeking Loan in Gujarat, India
Seeking Loan: Manufacturer of powder coatings for industrial applications with 60+ clients.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 166 thousand |
| Run Rate Sales | USD 166 thousand |
| EBITDA Margin | 24 % |
| Industries | Coating |
| Locations | Gujarat |
| Local Time | 4:21 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
69 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 6,000,000)
Reason: - Working capital, import raw materials, increase the production capacity.
- INR 60 lakh is the max...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
290 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Account Statement
(146.2 KB)
GST Certificate
(87.0 KB)
Business Overview
- Gujarat based business specializing in coatings powder & aerosol touch up spray manufacturing.
- Management team has experience of 26 years in this field.
- Sole proprietor business and has pan India exposure.
- Have more than 60 clients. Clients are furniture and tools manufacturing companies.
- Capacity of the factory is 250 kgs of powder per hour but we are utilizing around 50% capacity with 12 hr shift.
- Also have tie-up with Asian Paints for processing and supply.
- Raw materials are procured from distributors at the moment but have plans to import directly from manufacturers going forward.
- Management team has experience of 26 years in this field.
- Sole proprietor business and has pan India exposure.
- Have more than 60 clients. Clients are furniture and tools manufacturing companies.
- Capacity of the factory is 250 kgs of powder per hour but we are utilizing around 50% capacity with 12 hr shift.
- Also have tie-up with Asian Paints for processing and supply.
- Raw materials are procured from distributors at the moment but have plans to import directly from manufacturers going forward.
Products & Services Overview
Manufacturing of coatings powder & aerosol touch up spray powder.
Assets Overview
Extruder - 2 nos.Cooling belts - 2 nos.
Air classifying mill - 1 no.
AHU - 1 no.
Chiller - 1 no.
Air compressor - 2 nos.
Air dryer - 1 no.
Crimping unit - 1 no.
Booster pump - 1 no.
Aerosol filling machine - 1 no.
Ovens - 2 nos.
Powder application gun - 2 nos.
Dry cone blenders - 1 no.
Water tanks - 2 nos.
Weighing scale - 7 nos.
Powder application booth - 1 no.
Air conditioners - 3 nos.
Desktop - 1 no.
Laptop -1 no.
Lab instruments (alpine air jet sieve, impact tester, pencil hardness tester, hot plate, RAL shade cards, pantone shade cards, IS shade cards)
Office furniture & fixtures.
Facilities Overview
7,000 Sq. Ft. , shopfloor on rental with 5 years of lease agreement.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Stuttgart, Business Broker connected with the Business
-
Earlier than 15 daysProprietor, Auto Parts Manufacturer And Trading, Vadodara, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Coating And Civil Construction, Surat, Individual Investor / Buyer connected with the Business
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