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Construction Machinery Company Seeking Loan in Pithampur, India

Manufacturer of cranes and provider of fabrication services for crane parts in Madhya Pradesh.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 290 thousand
Run Rate Sales USD 310 thousand
EBITDA Margin 20 %
Industries Construction Machinery
Locations  Pithampur
Local Time 3:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 234 thousand for 10.0% annual interest, 10 years (Native Currency: INR 20,000,000)
Reason: The business is seeking a business loan to help with working capital.
Collateral Available: USD 0
Includes physical assets worth USD 175 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
Sure! Here it is in shorter sentence points:
- Location: Situated in Pithampur, specializing in E. O. T crane manufacturing.
- Team: 10 employees, 2-month turnaround per crane.
- Operations: Fulfills 5-6 orders monthly, strong demand.
- Diversification: Trades steel shot, grits, machine spare parts.
- Compliance: Operates with a valid GST registration.
- Services: Provides fabrication services for crane parts.
- Strategic Location: Optimizes logistics with proximity to key suppliers and customers.
Products & Services Overview
The business specializes in the manufacturing of E. O. T cranes. Additionally, it trades steel shot, grits, and various machine spare parts.
Assets Overview
The tangible assets owned by the business include:
- Manufacturing machinery worth approximately INR 1 crore.
- Additional stock of goods and factory infrastructure worth INR 50 lakh.
Facilities Overview
The business operates from a rented facility in Pithampur, Madhya Pradesh.
Capitalization Overview
The business is owned by 2 partners under the same family.
There is currently a small outstanding debt of INR 30 lakhs which will be closed by the end of next year.
Recent Activity
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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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