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Construction Materials Company Investment Opportunity in Patna, India

Online platform for buying and selling construction materials such as cement and TMT steel bars.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 57 thousand
Run Rate Sales USD 68 thousand
EBITDA Margin 10 %
Industries Construction Materials + 1 more
Locations  Bengaluru + 1 more
Local Time 3:28 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 114 thousand for 30.0% stake (Native Currency: INR 10,000,000)
Reason: Investment will be used to hire more employees, add more products on our platform, promotion and mar... View More
Includes physical assets worth USD 17 thousand
Documents
Business Overview
- This is an online platform operational since 9 months in 4 cities, namely Patna, Varanasi, Ranchi, and Gaya.
- Have tied up with 40 construction material suppliers across these 4 cities for supplying our products for sale.
- We receive close to 400 inquiries in a month and around 30 customers end up buying a product.
- Our revenue generation is through commission basis which we receive from our suppliers for selling their product through our platform. Commission varies on type of product sold.
- Looking to introduce more products and improve business through on boarding more suppliers and implementing customer support service.
Products & Services Overview
TMT Steel rods of different sizes, OPC 43 and 53 Grade Cement.
Facilities Overview
- We have corporate office in Bangalore and Regional office in Patna.
- Rented offices in Patna, Varanasi and Ranchi, each having area of 600 Sq. Ft.
Capitalization Overview
Not Disclosed
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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